Technology

Rent prices continue to surge like a red tide in the Tampa Bay area — something few welcome.

Donald Klepper-Smith, chief economist and director of research for New Haven, Conn.-based DataCore Partners, cautioned against reading too much into the decline in home sales when comparing 2014 to 2013.

Builders broke ground on fewer residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.

National credit default rates accelerated in January from recent lows seen last year.

Zillow Inc. completed its acquisition of rival real estate website Trulia Inc. and announced 350 job cuts as the combined company works to integrate operations.

Nationally, the overall denial rate on a conventional loan was 12.4%, Zillow found after studying 2013 data lenders reported under the U.S. Housing Mortgage Disclosure Act.

Zillow Inc.'s quarterly revenue topped estimates and the online real estate marketplace said it anticipates its acquisition of Trulia Inc. will close as early as Tuesday.

The Metro Orlando housing market experienced its seasonal cooling-down period in January, with prices and sales down from the previous month.

Users of Ellie Mae's self-hosted loan origination system will soon have to make a choice: migrate to the software-as-a-service version of Encompass or switch technology providers altogether.

Confidence among homebuilders decreased in February to the lowest level in four months as winter weather prevented some prospective buyers from touring new developments.