| Sep 24, 2013
| 5:52 PM
The pace of home price gains appears to be slowing nationally, even as metropolitan markets posted strong year-over-year increases in July, according to a leading index.
Home prices rose 1.8% over June and 12.4% compared with a year earlier, according...
| Sep 24, 2013
| 1:14 PM
Developers are building apartments at a fast pace in Southern California, but they’re not creating new supply quickly enough to force down rents, a USC report said.
Rents will continue to rise for the next two years, according to the school’...
| Sep 23, 2013
| 11:53 AM
Simon Cowell is quietly looking for a buyer for his Beverly Hills house.
Cowell, who paid $15.5 million for the gated home, is asking $20 million, local real estate agents confirm.
He bought the Trousdale Estates area house two years ago from Randy...
| Sep 19, 2013
| 12:59 PM
What do empty nesters want in a home? For Sally and James Gavin, formerly of Lake Forest, it's a lofty perch in an apartment at 500 Lake Shore Drive in Chicago. For Fred and Stephanie Bishop, it's a comfy roost in a remodeled Glencoe condo near their...
| Sep 20, 2013
| 8:16 PM
WASHINGTON — Could the end of the refinancing boom be stimulating slightly more favorable mortgage terms for home buyers? The latest comprehensive study of activity in the market suggests the answer could be yes.
Ellie Mae Inc., a mortgage...
| Sep 19, 2013
| 5:17 AM
WASHINGTON (AP) — The Federal Reserve's decision to postpone any pullback in its economic stimulus immediately ignited a debate: Was the Fed right or wrong to delay the inevitable?
Investors had anticipated a small cut in the Fed's $85 billion...
| Sep 17, 2013
| 8:40 AM
More than 15 million people work in retail, according to the Bureau of Labor Statistics, and a recent CareerBuilder survey found that 33 percent of retail employers are likely to hire seasonal help this summer. Considering the high employment numbers,...
| Sep 14, 2013
| 12:07 PM
Kristina and Anthony Pannone spent eight months looking for a house. The ones they liked kept getting snapped up, until they finally topped three other would-be buyers for a place in Columbia — by offering $5,100 more than the asking price.
| Sep 15, 2013
| 4:04 PM
Last week: I was reading an article in USA Today, “Retirement Living,” (Don’t ask me why as I am not there yet) and thought about Downtown Fort Lauderdale. The jest of the story was more baby boomers are being lured to the city for...
| Sep 13, 2013
| 2:29 PM
California home sales reached a multi-year high in August and home prices remained roughly flat from a month earlier, according to a new report.
The median sales price dropped 0.6% from July to reach $361,000 in August, real estate firm DataQuick said...
| Aug 8, 2013
| 7:28 AM
WASHINGTON -- Boosted by the housing market rebound, bailed-out mortgage-finance giant Fannie Mae posted its sixth straight quarterly profit in the April-June period and will pay an additional $10.2 billion in dividends to the federal government.
| Aug 7, 2013
| 1:30 PM
The Bay Area city of Richmond had best prepare for legal warfare if it proceeds with its plan to use eminent domain to seize the mortgages of residents who owe more than their homes are worth, housing finance giant Freddie Mac warned.
The city has asked...