Real estate

Many Californians who earn the median household income for their area cannot afford to buy a house where they work, the California Association of Realtors said.

There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

Potential homebuyers were most worried about price in the second quarter, according to a new Redfin survey.

The number of homes that have recorded yearly declines in value of at least 2% has risen sharply, according to Weiss Residential Research.

Detroit property values have increased the most in percentage of value of any city in the U.S. over the last year, a mortgage consulting firm found in its monthly survey.

Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans.

Purchases of previously owned homes unexpectedly rose in July to the highest level since February 2007, consistent with further strength in the housing market.

Mortgage Contracting Services will close the Utah office of its MCS Valuations subsidiary and consolidate its operations into three offices nationwide.

Home sales in July rose 11.3% from a year earlier, as lenders appear to be loosening access to credit, according to Re/Max.

CoreLogic has launched a new intelligence tool aimed at improving marketing segmentation and risk detection.

The share of refinancing activity as part of the origination market fell in July, according to the Ellie Mae Origination Insight Report.

Home sales in California continued to rise in July, even as home prices remain elevated, according to a new report.

The California Housing Finance Agency has forged partnerships with two federal agencies to provide lower interest rates to multifamily developers as a way to encourage more affordable housing.

Melissa Cohn has opened MC Home Loans looking to recreate the success she had at Manhattan Mortgage.

First-time homebuyers between 2010 and 2013 were slightly younger than in the previous four-year period, according to Zillow.

New-home construction climbed in July to the highest level in almost eight years, indicating the industry will pick up in the second half of the year.

J.G. Wentworth Co. has begun a marketing campaign to call attention to its new home-lending business.

The Houston housing market still runs the risk of a pullback, based on a range of economic conditions affecting the city, according to Fitch Ratings.

Confidence among homebuilders climbed in August to the highest level in almost a decade, indicating the residential real estate market is making strides.

Applications for mortgages for new purchases fell 4% in July compared to June, according to the Mortgage Bankers Association.