Real Estate
California home prices soar to new highs
California home prices increased by the most in 33 years as a result of strong sales growth in higher-priced markets and continued housing supply shortage, pushing up median home prices in May, the California Association of Realtors said. Closed escrow sales of existing, single-family detached... Read More

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S&P expects home prices to keep rising
Surging home prices throughout the country have spurred talk of a housing bubble, as many markets are still recovering from the last bubble bursting in 2007. But Standard & Poor’s Ratings Services states that, although... Read More
Builder confidence buoys homebuilder stocks
Homebuilder stocks soared Monday – edging up as high as 4% in some cases – after the National Association of Home Builders/Wells Fargo Housing Market Index was released, showing homebuilder confidence at a seven-year high.... Read More
Ex-BofA employees allege mishandling of HAMP applications
Bank of America is prepared to address allegations from former employees who claim the mega bank routinely stalled the application process for the government’s Home Affordable Modification Program and wrongfully informed... Read More