Housing

The differences in wealth and housing preferences between baby boomers and millennials is changing the residential real estate market, with a shift to rental properties among younger people.

Trading space for place with micro-housing could be a promising solution to compounding homeownership woes.

Despite some silver lining, analysts say the Supreme Court decision upholding "disparate impact" in fair-lending disputes will only embolden activists and regulators to bring more cases.

The New York City borough of Manhattan is the least affordable place for consumers making a low down payment to buy a home, according to a new report by housing and property data firm RealtyTrac of Irvine, Calif.

A greater share of millennials say they're likely to buy a home this year, adding to evidence that first-time buyers are finally entering the real estate market and fueling a jump in sales.

Altisource Portfolio Solutions has upgraded its sell-it-yourself real estate platform, Owners.com, and will offer a rebate to buyers who purchase a home through the site.

In a huge win for housing advocates and a setback for the banking industry, the Supreme Court on Thursday upheld the use of "disparate impact" in a Texas case alleging housing-related discrimination.

Homeownership rates have dropped to historic lows, while at the same time the cost to rent homes has risen sharply, according to a new report from Harvard University's Joint Center for Housing Studies.

Home prices rose 1.2% in April, from the previous month, in the largest seasonal gain since 2005, according to FNC.

Freddie Mac's latest monthly Multi-Indicator Market Index shows a weak but improving housing sector.

Lennar Corp., the second-largest U.S. homebuilder, reported fiscal second-quarter earnings that beat estimates as the revived economy spurs new housing demand.

Mortgage applications rose 1.6% on a seasonally adjusted basis from a week earlier, according to the Mortgage Bankers Association's weekly survey.

Wells Fargo has hired two executives to expand its lending for manufactured housing, following the San Francisco company's purchase of a multibillion-dollar loan portfolio from GE Capital.

The price of homes rose 0.3% in April from the previous month, according to the Federal Housing Finance Agency.

Purchases of new homes rose in May to the highest level in seven years, signaling the industry is gaining momentum heading toward the second half of the year.

Fewer consumers today believe it's difficult to get a mortgage than a year ago. However, the majority of survey respondents still think the origination process is too tough and that there are too few homes on the market.

Previously owned homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.

A Lone Star Funds affiliate agreed to buy U.S. apartment landlord Home Properties Inc. in a transaction valued at about $7.6 billion, including debt.

U.S. consumers are increasingly using their credit cards rather than tapping home-equity credit lines to pay debts or finance a big purchase, according to Sanford C. Bernstein.

KB Home rose the most in three months after reporting fiscal second-quarter earnings that beat analysts' estimates and a jump in orders for houses.