Although real estate is local, in general, there are at least five significant contributors to rising prices: Housing affordability, increasing housing formation, rising rents, low inventory, and limited supply of distressed sales. Housing affordability is attractive based on traditional metrics such as price-to-rent and price-to-income measures,...

HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low 3% down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. A good deal for San Diego Home buyers.Benefits to You,...

Foreclosure activity reached a 5-year low in September with only 180,427 filings made on distressed properties, RealtyTrac said Thursday. The filings surveyed include default notices, scheduled foreclosure auctions and bank repossessions. Overall, September's foreclosure numbers fell 7% from August and 16% from last year as more non-judicial...

The latest housing scorecard reflects an improving market, with rising home values taking homeowner equity to its highest level since the third quarter of 2008. Homeowner equity jumped $406 billion, or 5.9%, to $7,275 billion in the second quarter. The number of underwater borrowers has declined by...