Economy

July home sales in the Chicago area fell 4.9% from the previous year, continuing a trend of weaker sales that began in the spring.

My Home is Realtor.com's attempt to compete with Zillow's Zestimate home valuation product, as it seeks to help homeowners manage their property as an investment.

After months of increasing sales and declining inventory, Rhode Island's housing market experienced a 4% sales dip in July, but strong demand pushed the median house price up by nearly 3%, to $270,000.

An unexpected decline in sales of previously owned homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market.

Before joining NMN, our new reporter Elina Tarkazikis was a real estate agent. From endless fees to the benefits of working on a team, she explains why many things agents should know entering the business also apply to mortgage loan officers.

Fannie Mae is extending its property inspection waivers to certain purchase mortgages with large down payments.

The Office of the Comptroller of the Currency issued a proposal Wednesday that would raise the appraisal threshold for CRE loans to $400,000 from $250,000.

With inventory still low, home prices continued to rise in the second quarter of 2017.

Reporting requirements for title insurers and agents have been expanded to cover more types of high-end real estate transactions, the Financial Crimes Enforcement Network said.

Buying into the American dream of homeownership is getting more costly in Chattanooga.

A decline in purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported.

It is the largest equity investment that Clearinghouse CDFI has received in its two-decade history.

Sales slipped but prices rose in July as a short supply of homes for sale put pressure on Wisconsin's housing market.

The median price for a single-family home in Marin County, Calif., is more than $1.3 million and at that price only 17% of Marin households can afford to buy.

Home prices increased 6.6% in the second quarter from a year earlier as buyers competed for a shrinking supply of listings.

The nonbank lender and servicer's long-awaited rebrand comes along with wholesale changes across its entire operation to better emphasize the customer experience.

Cash deals are by no means dead, but they aren't dominating the South Florida housing market the way they once did.

California's high housing costs are driving poor and middle income people out of their housing like never before. While some are fleeing coastal areas for cheaper living inland, others are leaving the state altogether.

Though potential homeownership demand declined moderately between 2015 and 2016, the underlying fundamentals for demand remained positive.

Freddie Mac has gotten the green light for its appraisal alternative for purchase loans, and has released information about how similar automated collateral evaluations for refinances have performed.