Housing inventory

Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.

The price of a new home in Houston rose slightly in April, while the number of pending new-home sales dropped in Houston and other large Texas metros.

The median price of a home sold in metro Atlanta in April was just 3.7% higher than the same month a year ago, according to a report from the Atlanta Realtors Association.

Metro Orlando home sales and prices dropped again in April, constrained by a small supply of properties, according to the Orlando Regional Realtor Association.

Sentiment among homebuilders increased in May by more than expected, sustaining this year's upward swing on stronger sales and lower mortgage rates.

Some good news emerged in the housing market recently, but there's one factor that means homebuyers aren't likely to see any relief soon: low supply.

Affordability got better for mortgage borrowers at the start of 2019, but housing inventory constraints limited the degree of improvement, according to the National Association of Home Builders and Wells Fargo.

Oahu home prices didn't budge much in April, but the same wasn't true for sale volume, which surged for single-family homes and plummeted for condominiums.

Single-family home sales across the Houston area were up 7.8% in April, the third straight monthly increase and the biggest gain so far this year, according to the Houston Association of Realtors.

The calendar has turned, but the Southern Nevada housing market hasn't.

Seattle-area homebuyers have a bit of good news as the middle of the housing market continues to come down from what one local housing economist calls last summer's "sugar high."

Kentucky Realtors reported that first-quarter home sales across the state dropped 1% this year to 10,322 homes.

Home price appreciation remained modest as affordability and tight inventory keep demand down, though prices are expected to accelerate in 2020, according to CoreLogic.

The peak spring home-selling season is in full swing in metro Denver, but it is proving to be a much tamer affair this year than last.

Lending against single-family home construction is an area where depositories have traditionally faced little competition. That's starting to change.

Tight housing inventory and some unexpected behaviors from potential buyers and sellers of homes have prompted Citizens Bank to make changes to its services and mortgage-loan products.

People don't move like they used to.

Median home sale prices in the Bay Area dipped ever-so-slightly in March, marking the end of a record-breaking seven-year streak as even high salaries and low-interest rates failed to entice buyers into the country's most expensive market.

Freddie Mac is now offering to buy a new form of manufactured housing loan with terms similar to that of conventional mortgages from all eligible lenders, following a test run last year.