Purchase

Manhattan home sales perked up in the second quarter from a prolonged slump, as buyers raced to close deals ahead of a July 1 tax increase on higher-priced properties.

House flipping is back in a big way in Ohio, driven by low home prices and strong demand for the finished product.

It's a sign of just how strong the Bakersfield, Calif., single-family home market is that the 1985 house Realtor Leslie Walters is in escrow to sell July 8 was listed $30,000 above the city's $300,000 sweet spot — and still two solid offers came in within a week.

Homebuilders that team with mortgage lenders get higher levels of borrower satisfaction with the finance process, according to a loanDepot study. This comes as more consumers are evaluating financing options first, highlighting an opportunity to reach them earlier on.

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.

Mortgage application fraud risk declined for the second consecutive month in May as housing market dynamics shifted towards the buyers, First American said.

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

Average mortgage rates dropped for the seventh time in the last nine weeks following news from the Federal Reserve of a possible near-term rate cut, according to Freddie Mac. The 30-year fixed-rate mortgage fell to its lowest level since November 2016.

Contract signings to purchase previously owned U.S. homes increased in May, indicating Americans may be responding to declining mortgage rates.

The refinance share of mortgage applications climbed to the highest level since January 2018 as the average 30-year fixed interest rate continued tumbling, according to the Mortgage Bankers Association.

Home price appreciation turned the corner into negative territory, with values down for the second straight month, according to Zillow. Before April, property values continued growing for 85 months in a row.

If current inventory shortages continue, rising costs will limit housing options for many American buyers and renters, according to a new Harvard Joint Center for Housing Studies report.

Sales of new homes fell to a five-month low in May, adding to signs of weakness in the sector despite lower mortgage rates.

Home-price gains in 20 U.S. cities decelerated in April for a 13th straight month to the weakest pace since 2012, indicating further moderation in the housing market, particularly in once-hot West Coast areas.

Driven by job growth and low interest rates, central Ohio home sales jumped more than 5% in May, the biggest leap in two and a half years.

May was a record-setting month for the housing market both in the city of Austin and Central Texas as a whole, the Austin Board of Realtors said.

Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.

People electing to remain in their primary residence for longer periods took more potential home sales out of the market than lower interest rates and higher income brought in, according to First American.

Sales of previously owned homes rebounded in May to a three-month high as all regions gained amid lower interest rates and a labor market that remains strong.

San Bernardino County, land of the most affordable housing in Southern California, bucked a regional trend of slowing home appreciation in May, seeing its year-over-year prices rise 10.5%.