Tom Kelly

Rental income produced by residential properties rose 12 percent year-over-year in September 2012, CoreLogic reported.

Falling housing inventories and an increase in demand bode well for the market's recovery next year, according to Barclays 2013 housing outlook report.

Affordability is slowly reversing a six-year trend of lows as prices inch up in many housing markets.

Lenders and servicers may be interested in the results of a new NetCredit.com study, which show that 48 percent of Americans are living paycheck to paycheck.

Borrowers seeking a new purchase loan mortgage or those looking to refinance are increasingly turning to credit unions.

Scammers are targeting homeowners who've seen the value of their residence drop, which is prompting the Consumer Financial Protection Bureau to issue new warnings to underwater borrowers about widespread mortgage-modification scams.

Seattle was listed as one of the top markets in the country for home sellers, according to a feature in Money Magazine.

The average interest rate on fixed mortgages fell this week near record lows, providing more incentive for Americans to buy homes and refinance, according to the Associated Press.

'Tis the season - for all kinds of company.

The housing market is expected to continue its rise in the New Year, according to Freddie Mac's U.S. Economic and Housing Market Outlook for December.

Homeowners are moving again and Californians are heading this way.

Extending tax relief on debt forgiveness is "a high priority," said HUD Secretary Shaun Donovan at a Senate Banking Committee hearing.

A listing site that once only listed distressed properties available for sale is now allowing homebuyers a sneak peak by listing properties that are not even for sale on multiple listing service computers.

More lenders and homeowners are viewing short sales as a better alternative than foreclosure.

Developers are ramping up apartment construction across the country to cash in on rising rents.

Average rates on fixed-rate mortgages ticked up this week to just slightly above their record lows, keeping homebuying and refinancing attractive to consumers.

The Federal Housing Administration is extending its 90-day "anti-flipping" waiver through 2014 which could bode well for single-family investors, rehabbers, and buyers seeking low down payment financing.

Mortgage giants Fannie Mae and Freddie Mac announced that they will temporarily halt all bank repossessions and evictions beginning in mid-December until January 2, 2013.

Recently released government data for 2011 from the Home Mortgage Disclosure Act (HMDA) showed just how tight mortgage credit has been.

If your folks have decided to stay in the family home, consider giving them a holiday present that could ensure their safety while providing you some peace of mind.

The rapid increase in home prices in some markets may wind up hampering the housing recovery, CNBC columnist Diana Olick reported.

Just as the housing market is recovering, a growing group of homeowners - widows over the age of 50 whose husbands alone were holders of the mortgage - are losing their homes to foreclosure.