Home prices

The California Housing Finance Agency helped a record number of low- and moderate-income residents purchase their first homes with help from its down payment assistance program.

Rising affordability through declining mortgage rates brought more buyers to the table and cut down the national inventory of for-sale homes, according to Redfin.

Single-family home sales in the Rockford, Ill., region rose by nearly 11% in May thanks to declining mortgage rates and pent-up demand from winter, the Rockford Area Association of Realtors said.

On the heels of Independence Day, here's a look at how housing affordability measures up across states occupying America's 13 original colonies.

The rate of annual home price appreciation rose again in May, offsetting the affordability gains from declining mortgage rates, according to CoreLogic.

As 30-year fixed-rate mortgages continue dipping below 4%, June had the most borrowers in position to refinance since late 2016, according to Black Knight.

Colorado's hottest real estate market this year isn't Denver or Colorado Springs or Fort Collins. It is Pueblo, which reflects a larger national trend that has buyers scrounging through the bargain bin to find homes they can afford.

Blame increasingly unaffordable housing in wealthier areas — and relatively meager wages in less-affluent ones — for the long-run decline in the share of Americans relocating around the country.

A cocktail of simmering home price appreciation, declining mortgage rates and stronger employment shot the country's housing market outlook to a three-year peak, according to Nationwide.

Pending home sales fell sharply in May, a sign that buyers may have a bit more bargaining power this summer in the Metroplex.