Real estate

Here's a look at the 10 cities where strong employment and for-sale inventory are expected to keep housing markets bustling with activity during the normally slow year-end months.

Southern California home prices rose 6.5% in October from a year earlier, while sales jumped 3.6%.

A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.

Home prices rose again in the third quarter, where they showed little evidence of slowing down, according to the Federal Housing Finance Agency.

Just to keep up with rising home prices in the Seattle area, would-be buyers needed an $11,000 pay raise in the past year to afford the typical mortgage.

New Penn Financial has entered into a pilot program to provide mortgage financing to participants in Home Partners of America's Lease Purchase program.

Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.

A Kiryas Joel, N.Y., man was sentenced to 18 months in prison and ordered to forfeit $1.2 million to federal authorities for his role in a mortgage-fraud operation in which prosecutors had charged 15 people in all.

Consumer house-buying power, measuring how much one can purchase based on changes in income and interest rates, fell 2.1% year-over-year, but increased by 1.3% from the month prior, according to First American Financial Corp.

Homes sales for October remained strong in the Greater Cincinnati area, but couldn't quite reach levels attained at the same time last year.

Home prices in 20 U.S. cities rose in September by the most in more than three years, indicating resilient demand at a time of persistently scarce inventory, according to S&P CoreLogic Case-Shiller data.

Urban condo living exists in Cleveland, but the supply is small.

Developer confidence in multifamily production weakened in the third quarter to its lowest reading since 2011, according to the National Association of Home Builders.

Florida's home prices increased during September, while in Texas there was a minimal decline from August, a sign the major storms that hit both states had little impact on values.

Purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction.

Home price appreciation continues to increase at a much higher than normal pace, although the rate of growth has been slowing since the summer.

A yearlong, $25 million lawsuit filed against Alachua County's property appraiser, tax collector, clerk of the court and a number of their employees has been thrown out by a judge.

The housing market has been underperforming its potential since May, and October's performance gap was the largest it's been since November of last year, according to First American Financial Corp.

October home sales bested last year's levels, and sale prices continued to rise across Northeast Ohio as buyers sparred over a relatively meager pool of properties.

Built Technologies successfully completed a capital raise, enabling the three-year company to expand its software offerings for both commercial and residential construction lenders.