Industries

Only 32% of California households could afford to purchase the $496,620 median-priced Golden State home in the first quarter of 2017, according to a report issued by the California Association of Realtors.

Unexpected declines in new-home construction and building permits in April indicate the market is off to a weak start this quarter.

To address an unintended consequence of the TILA-RESPA integrated disclosures, California regulators are making it easier for lenders to prove compliance with rules limiting interest charges on mortgage closings that take more than one day.

Existing home sales prices increased on an annual basis by the most in eight quarters as new listings failed to keep up with the surge in demand, the National Association of Realtors said.

There were fewer new home purchase loan applications in April, as year-over-year activity declined for the first time in 2017.

Mike and Elaine Morgan never envisioned moving from Butler Tarkington to a home just outside Sheridan, but that's where today's fast-paced housing market took them.

Orlando-area home sales and prices were down in April from March in a real estate market where limited inventory may have thwarted sales, according to a new report.

Construction lending could make a comeback if bankers persuade Congress to reform capital and other complicated rules on so-called high volatility CRE loans. But will regulators go for it?

Cities in the South are more affordable for first-time homebuyers because of less competition and lower prices, according to Zillow.

The former Bear Stearns headquarters building at 245 Park Avenue, a long-time home to cornerstone financial services tenants as well as Major League Baseball, is the sole property backing a new single-borrower $500 million commercial mortgage securitization.

The Ventura County, Calif., housing market is enjoying a strong start to the spring selling season, but a lack of midrange housing inventory remains an issue that is pushing prices higher.

Pending sales of existing detached homes in the Albuquerque metro area during April shot up 23% from a year ago.

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

The Houston region saw more homes hit the market in April, boosting inventory and providing additional options to eager Houstonians.

A pair of real estate developers told a Greater New Haven Chamber of Commerce audience that they regard New Haven, Conn., as one of the most attractive places in the nation in which to do business.

Home prices continued to climb in April as Southern Nevada now has less than a two-month supply of homes available for sale.

Residential property in the city is becoming more valuable — a fact that could drive up potential sale prices for many city residents, but also could raise their property tax bills.

The gap between what homeowners believe their home is worth and what the actual value widened for the fifth consecutive month in April, according to Quicken Loans.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.