Economy

Houston's housing market strengthened in April as buyers hunted for a limited number of moderately priced homes and, to a lesser extent, properties with seven-figure price tags.

A residential complex of affordable homes may sprout on the site of a municipal parking lot in downtown San Jose near the bustle of hotels, the city convention center and office towers.

Nationstar Mortgage may face a Consumer Financial Protection Bureau enforcement action over alleged violations of the Real Estate Settlement Act and other regulations, the Mr. Cooper parent company said.

Sonoma County supervisors have signed off on a wide-ranging suite of policy changes intended to encourage construction of more new homes seven months after nearly 5,300 residences were lost here in last year's devastating wildfires.

Home sale prices in the Baltimore region continued their upward march in April, with the median price hitting $267,900, as the inventory of homes listed for sale remained tight.

The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.

There's a reason why people are seriously considering having Miami teachers live at school.

Every month it seems the Charlotte home market can't get much tighter, then every month, it does.

California is set to become the first state to require solar panels on all newly built single-family houses.

Real estate brokers said it could easily be a year or two before property values in the immediate and surrounding areas of lava breakouts recover after the eruption ceases.

Dallas-area home prices grew slightly faster than the nationwide rate in the latest comparison by CoreLogic.

Mortgage credit availability was unchanged in April, as originators tightened their government lending programs but made more jumbo offerings available.

Spokane, Wash.-area housing prices took another big leap in April, with the median sales price topping $231,000.

In a bid to cut time and costs from the mortgage process, Fannie Mae is testing whether appraisers can accurately determine a home's value without actually visiting the property.

The number of mortgage borrowers for whom it made sense to refinance declined by nearly half since the end of last year and is at its lowest since November 2008.

Freddie Mac has quietly started extending credit to nonbanks that issue mortgages, a move it says will help the companies maintain access to a crucial stockpile of cash if their home loans go sour.

Blackstone Group is doubling down on industrial real estate by buying Gramercy Property Trust, the second multibillion-dollar takeover of a warehouse company in as many weeks with the growth in e-commerce raising demand.

California lost lower-income residents to other states over a recent 11-year period, while gaining wealthier households from elsewhere in the U.S. The disparity reflects the state's sky-high rents and home prices.

The Colorado Springs homebuilding industry has had a good year — and it's only four months old.

Demands for loan quality aren't just coming from regulators and the government-sponsored enterprises. Secondary market partners and investors don't want to be left holding the bag if loans that lenders create have quality issues.