Real Estate

Alex Baxter | Getty Images
Tampa, Florida

Tampa area home prices are soaring, and buyers don’t seem particularly put off. This Florida market, which was particularly hard-hit during the foreclosure crisis, still has an outsize share of distressed properties, but recovery has been steady. The median price of a Tampa home sold in May jumped 12.4 percent from a year ago to …

Scott Mlyn | CNBC
A man enters a Bank of America branch in New York.

Rising mortgage rates are taking their toll on both home buyers and home owners looking to save on their monthly payments. Total mortgage application volume fell 4.7 percent for the week ending June 26 on a seasonally adjusted basis from one week earlier, according to the Mortgage Bankers Association (MBA). That is the lowest level …

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A for sale sign is posted in front of a home for sale in San Rafael, California.

Home prices continued to rise in April, but at a slower pace than the previous month, according to the latest S&P/Case Shiller Index report. The 20-city index rose 4.9 percent year-over-year, though the rate of annual price gains slowed in 11 urban areas. “Home prices continue to rise across the country, but the pace is …

Patti McConville | Getty Images

The U.S. home ownership rate is at the lowest level in 25 years and is widely expected to go even lower. That’s not just the result of younger Americans struggling to make ends meet to save for a down payment on a home. It is increasingly the result of middle-aged, higher income Americans choosing to …

Ron Antonelli | Bloomberg | Getty Images
A for sale sign is displayed outside of a house in Oradell, N.J.

Since the epic housing boom and bust of the last decade, nearly 8 million borrowers have lost their homes to foreclosure. Now, with credit repaired, some of them are finally returning to home ownership. The numbers are small to start, but so-called boomerang buyers could become a significant driver of new housing demand over the …

Housing bubble brewing

Will home prices surpass the peak hit during the last housing boom?

Ron Antonelli | Bloomberg | Getty Images

The median price of a home sold in May of this year was $228,700, according to the National Association of Realtors (NAR). That was just off the highest monthly median home price ever of $230,400 in July 2006, at the peak of the last housing boom. Read More Existing home sales spike to 5-1/2-year high It …

Apartment demand surges

More and more would-be home buyers are renting.

Matthew Busch | Bloomberg | Getty Images
A lot for sale in San Antonio.

The supply of existing homes for sale is incredibly short, and while builders are starting to construct more homes than they did a year ago, they are still producing well below normal volumes. It begs the question, why aren’t builders building more houses? One reason: Land. More than 60 percent of builders surveyed in May …

Historic high rise

Josh Lipton gives us an exclusive look at the tallest residential tower west of Chicago.

Home builders merge

Ryland and Standard Pacific are creating the nation’s fourth largest home builder, but why are deals in this sector few and far between?

John Lund | Blend Images | Getty Images

Home prices are rising, and homeowners have collectively regained trillions of dollars in home equity since the worst of the real estate crash. For some borrowers, however, it is not enough, not nearly enough to bring them back into the black on their home loans. These so-called underwater borrowers are stuck in place, unable to …

Marcelo Piotti | Getty Images

They are a blight on neighborhoods and bank balance sheets: homes in the foreclosure process, some in limbo for several years, their former owners gone but the home still not repossessed by the bank. They were dubbed “zombies” because their empty state was seen as a danger to both the neighborhood and the overall health …

Andy Dean | Getty Images

The number of delinquent mortgages continues to fall, but the foreclosure crisis is still taking its toll on hundreds of thousands of borrowers. Of the approximately 952,000 borrowers who are 90 or more days past due on their monthly payments, but not yet in foreclosure, 62 percent have already been through some form of home …

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Hudson Yards is making a massive investment in brick & mortar retail.