Economy

Home prices have returned to the boom levels of 10 years ago, which originally signaled the bursting of the housing bubble and the onset of the Great Recession, but today's market is notably different, according to realtor.com.

As Congress debates tax reform and which deductions to remove, a majority of homeowners from both parties worried that rising property taxes could force them to sell.

After nearly five years of being the nation's least affordable housing market, San Francisco was surpassed by another California city as the national median home price increased, according to the NAHB/Wells Fargo Housing Opportunity Index.

The battle lines are drawn between those seeking to protect the mortgage interest deduction and a legislative effort to greatly reduce its use. Hopefully, this is a battle that taxpayers will win.

Two months after Hurricane Harvey, buyers in the Houston area are returning to the housing market in impressive numbers.

A new city program approved by the Chicago City Council will offer vacant lots to affordable housing developers for $1 each.

Equifax reported earnings that were 27% lower and mortgage services revenue was 2% lower on a year-to-year basis after revealing a major breach and taking steps to improve security.

A bill that would ease Basel III capital requirements on commercial real estate loans could level the playing field between depository and nonbank lenders and spur more construction lending if it passes in the Senate.

The supply-demand outlook in commercial real estate markets took a slight dip nationwide for the first time since early 2016 and financing for some CRE property types is getting more difficult to arrange.

Fannie Mae is considering a series of pilot programs to address an issue that has plagued the real estate market for years: a lack of affordable homes.

As the economy improves and millennials move around the country in search of jobs, some are finding themselves far from the youth culture they learned to expect from city life in other parts of the country.

With home values projected to rise in every major U.S. metro in 2018, a 20% down payment will cost thousands of dollars more, according to Zillow.

So long as the current monetary regime survives, homeowners — present and potential — can expect higher average prices interspersed with wild rides up and down.

Home prices are up strongly both year-over-year and month-over-month, and nearly half of the nation's largest 50 markets are overvalued, according to CoreLogic.

More FHA homeowners than expected are refinancing out of the program and into conventional mortgages, despite an increase in mortgage rates over the past year.

Oahu's housing market stayed on track to set a sixth consecutive price record as the latest tally of home sales showed slight gains for prices in October.

An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region.

Lenders selling loans through Freddie Mac's system experienced access difficulties Monday afternoon, when the government-sponsored enterprise sent out an alert to lenders about the problem.

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives.

As employment and home prices reach and surpass previous levels of normal economic and housing activity, building permits continued holding markets back from hitting historic norms during the third quarter, according to the National Association of Home Builders.