Economy

From Indianapolis to Nashville, here's a look at the 15 hottest residential real estate markets of summer 2017.

New compliance challenges and competition make real estate alliances harder to secure. But they're essential for lenders to maximize market share. (Part three in a four-part series on the mortgage industry's response to the housing inventory shortage.)

The inventory crunch caused the time a property lists until it goes into contract to reach a new low in June, at 36 days, according to Redfin.

Houston homebuyers increasingly are putting the oil slump behind them, snapping up houses in record numbers and paying more for them than ever.

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.

To close gaps in volume caused by inventory shortages and help consumers get over the homeownership hump, lenders are offering mortgage programs and features like low down payments, bridge loans for home sellers and student loan refinancing. (Part two in a four-part series on the mortgage industry's response to the housing inventory shortage.)

Fannie Mae and Freddie Mac's efforts to provide representation and warranty relief to lenders that perform automated data validations before loans close will improve mortgage credit risk assessment and lower costs for lenders and borrowers.

Realogy's Title Resource Group is acquiring the assets of EAM Land Services as part of a strategy to strengthen its presence in commercial title services.

North Texas real estate agents sold a record number of houses in June.

Property owners estimate their homes are worth 1.7% more than appraisers do, according to Quicken Loans.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

Home sales and the number of houses on the market dropped in Charlotte last month, but the price buyers are paying continued rising quickly, largely a product of limited inventory.

As demand for new homes outpaces supply, it is essential for mortgage lenders to pursue strategies that stimulate inventory levels, such as supporting builders with construction financing and offering homebuyers single-close construction-to-permanent loans. (The first in a four-part series on the mortgage industry's response to the housing inventory shortage.)

Broker John Pasalis knew Canada’s hottest housing market was cooling but an email from desperate sellers showed him just how bad it was.

Oh, the pain, the pain — and the cost, the cost — of renting a Bay Area apartment.

Albuquerque's hot resale-homes market followed up a record-breaking May with June transactions not far behind, according to data released Monday by the Greater Albuquerque Association of Realtors.

The number of borrowers underwater on their mortgages is below 2 million for the first time since 2006, as rising home prices are improving homeowner equity and creating new lending opportunities.

As Seattle home prices continue to set records, Queen Anne has officially become Seattle's first big neighborhood to have a median home price of $1 million.

Southern California house hunters aren't the only ones in the nation being forced to act quickly. Homeowners' reluctance to sell isn't just a local challenge.