Economy

Homeowners who live near Trader Joe's may benefit from more than just easy access to cookie butter and other popular specialty items, a new study suggests.

Housing construction in the Twin Cities metro rose nearly 17 percent in July, but most of that gain was apartments.

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

Long the top choice for international buyers in the U.S., Florida also leads the country for foreign buyers selling off their real estate stakes.

Saying he was fed up co-existing with town officials, the owner of a 1750s-era house on Main Street in Rowley, Mass., has put the home and the 6.8 acres it sits on up for sale and is encouraging developers to build affordable housing there.

FHFA Director Mel Watt said Fannie Mae and Freddie Mac cannot use alternative credit models until other issues are resolved first.

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.

Freddie Mac is on track to double the number of low down payment mortgages it will buy in 2017, while continuing to see its serious delinquency rate fall to record lows.

Freddie Mac said it earned enough in the second quarter to send a $2 billion dividend to the U.S. Treasury, but the press release announcing the company’s financial results includes new language suggesting uncertainty as to whether the payment will be made as scheduled.

The Marin County, Calif., median price tag for all homes sold in June hit $1.08 million — a 13.7% rise from a year earlier.

The North Carolina Department of Justice is warning real estate agents and companies about an email scam aimed at potential home buyers.

The U.S. homeownership rate remains slightly above a post-crisis low it set during the second quarter of last year.

The cheapest housing markets aren't always the most affordable cities for first-time home buyers and existing homeowners. Here's a look at 12 cities with low home prices, but where other factors put a damper on purchasing power.

A rebound in contract signings for the purchase of previously owned homes shows housing demand is stabilizing after a three-month downturn, according to the National Association of Realtors.

Regardless of whether Congress could act, proponents don’t seem to fully appreciate the potential unintended consequences of a future without Fannie Mae and Freddie Mac.

Sales of commercial properties in Los Angeles County slipped in the first half of the year but still outpaced every other real estate market in the country, including Manhattan.

Freddie Mac has set a November implementation date for its plan to tighten restrictions on seller-funded down payments.

The run-up in expenses involved in making a home loan is one of the trends limiting new construction, says Fannie Mae Chief Economist Doug Duncan.

Banks pay their loan officers less than independent mortgage bankers do, but the level of sales support provided negates the difference, a study from Stratmor Group said.

Loan officers are joining the increasing number of real estate agents telling daily “stories” on Snapchat and Instagram to build name recognition, increase referrals and reach more core customers.