Housing

With the supply of housing down and more jobs available in cities, millennials have flocked to urban neighborhoods at a comparable rate to the suburbs for the first time in decades.

Despite recent industry consolidation, demand from seasonal homebuyers spurred hiring among nonbank mortgage companies for the second consecutive month in May.

Lawmakers want the agency to utilize two programs to help families still struggling to recover from the aftermath of Hurricane Maria.

Since the bottom of the housing market in 2012, home prices have increased 75% but wages have only increased 13%.

Maintenance and renovations aren't keeping up with the nation's aging housing stock, creating an influx of obsolete properties that's adding further strain to an already tight inventory of homes for sale.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.

Many Florida communities are experiencing a renewed clamor for affordable housing options as rising home prices and rents squeeze budgets.

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 same story is playing out, over and over: People are flocking to the Bay Area for high-skilled, highly paid jobs, while cashiers and teachers are, increasingly, saying goodbye to a place they no longer can afford.

A sweeping bill that would have given the state unprecedented power over local development failed in its first committee hearing, crushing the hopes of those who saw it as the key to making housing in the state more affordable.