Housing

A case study of two ZIP codes confirms what people have thought for years: younger professionals have helped revitalize once-neglected, inner-city neighborhoods.

National home prices, including those of distressed properties, increased 6.8% this past April from where they stood a year before.

The merger of the Federal Home Loan Banks in Des Moines and Seattle became official on Monday, shrinking the overall number of banks in the system to 11.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.

As the Hispanic population in the United States soars, the number of Hispanic households unable to afford to buy a home is also growing, a new report from The Demand Institute found.

More Americans than forecast signed contracts to purchase previously owned homes in April, indicating a pickup in the housing market during the busy spring selling period.

Mortgage rates climbed, lifting borrowing costs for homebuyers to the highest for 2015.

Take this with a large dose of salt, but an online survey by credit agency Experian shows the benefits of, you guessed it, credit reports.

Freddie Mac's monthly Multi-Indicator Market Index showed almost 80% of the top 100 housing markets in the country continued to improve in March from February.

The lesbian, gay, bisexual and transgender community overwhelmingly views homeownership as a strong investment, although worries of housing discrimination persist, according to a new study.

Toll Brothers Inc., the largest U.S. luxury homebuilder, reported an increase in quarterly earnings as lower tax provisions made up for a decline in revenue.

Mortgage applications fell 1.6% on an adjusted basis from a week earlier, according to a weekly survey by the Mortgage Bankers Association.

Home prices rose 1.2% from February and 4.8% year-over-year in March, representing the largest monthly gain since June 2013, according to Black Knight Financial Services.

San Francisco continued its reign atop HSH.com's list of salaries needed in 27 metro areas to afford a median-priced home in the first quarter.

Purchases of new homes in the U.S. rose more than projected in April, a sign this part of the market is picking up steam during the busiest selling period of the year.

Associated Banc-Corp in Green Bay, Wis., agreed to expand mortgage lending in minority neighborhoods to settle a federal probe into its fair-housing loan practices.

Home prices in 20 U.S. cities rose at a faster pace than projected in the year through March, reflecting a limited number of available properties on the market.

Fannie Mae has a pessimistic outlook on U.S. economic growth following underwhelming first-quarter numbers in 2015, though mortgage market optimism remains thanks to low interest rates.

The cost to rent housing grew at a faster rate than home values in April, as rising rents make it difficult for many consumers to afford a mortgage, according to Zillow's monthly real estate report.

Purchases of previously owned homes unexpectedly fell in April, a sign the industry's recovery remains uneven.