Housing inventory

North Texas home sales dropped in October — the third month in a row that preowned house purchases in the area were below year-ago levels.

Rising home prices and climbing mortgage rates pulled down affordability to the lowest point since before the housing market crash.

The number of homes sitting unsold in King County has doubled in the past year as buyers continue to retreat from the once-hot market — pushing prices in the city of Seattle down even further.

While the median price paid for a single-family home in October rose from the same month last year, sales for single-family homes and condominiums slowed, according to the Honolulu Board of Realtors.

Real estate and mortgage industry groups outspent proponents 3-to-1 to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.

After hitting severe turbulence and taking a dive in September, metro Denver's housing market stabilized at a lower altitude in October, according to the Denver Metro Association of Realtors.

The average sales price for existing single-family homes for the Las Vegas area in October was down 1.7% from last month to $295,025, according to the Greater Las Vegas Association of Realtors.

Texas is expected to be the tipping point in online closing adoption, and title companies predict that e-closings will soon be standard operating procedure.

The Southern California housing market has been on a nearly seven-year tear, with prices in many communities reaching all-time highs.

Signaling a market in transition amid a surge in new listings, the median price paid for a new or existing Bay Area home or condo last month was $815,000, down 1.8% from August but up 9.3% from September 2017, CoreLogic reported.

Central Ohio home prices climbed 7.1% in the third quarter compared with last year, well above the national average of 4.8%.

A combination of moderate rises in mortgage rates and dipping growth in home prices are projected to boost existing and new housing sales through 2020, according to Freddie Mac.

As potential homebuyers anticipate mortgage rates to keep rising, September was a strong month for housing demand, according to Redfin.

Home-price gains in 20 U.S. cities cooled in August to the slowest pace since 2016, as high borrowing costs and property values limit buyer interest, according to S&P CoreLogic Case-Shiller data.

Student debt continues to weigh down potential homebuyers, as the share of first-timers decreased for the third-consecutive year, according to the National Association of Realtors.

Two Texas cities have landed at the top of a list of the country's hottest housing markets.

Sonoma County, Calif., home sales plunged last month to the lowest level for September in 11 years, the clearest sign yet of a housing market slowdown.

Contracts to buy previously owned homes rose for the first time in three months, indicating that the recent market slump may be starting to stabilize, National Association of Realtors data showed.

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

Housing recoveries usually look like this: sales pick up momentum, price increases follow and there is a good flow of new properties coming on the market to keep up buyer interest.