Purchase

Central Ohio home sales fell sharply in April and dropped to their lowest level in a decade nationally, as the coronavirus pandemic took full hold of the real estate market.

Signed purchase agreements dropped 20%, but the sales that closed in April showed buyers still paying top dollar.

With mortgage rates reaching all-time lows in the opening quarter, refinance originations were up in 97% of housing markets during 1Q, according to Attom Data Solutions.

Home sales in Volusia and Flagler counties in Florida declined in April, but prices continued to rise, area Realtors' associations reported.

The funds will allow the company to make further investment in its machine language technology.

Mortgage rates declined this past week, further continuing to help attract previously reluctant buyers back into the purchase market, according to Freddie Mac.

Sales of previously owned homes fell in April by the most since mid-2010 as the coronavirus hollowed out demand across the country at the start of the key spring selling season.

It's the surprise of a spring selling season that's been anything but normal: Buyers returning to the housing market have been battling over the few available properties.

Sales of new homes in the Houston area flattened in April as the coronavirus caused a pause in activity, according to a new homes sales report from HomesUSA.com.

From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.

Austin-area home sales declined sharply in April as the fuller impacts of the coronavirus pandemic and local shelter-in-place orders left their mark on the housing market, new figures from the Austin Board of Realtors show.

Mortgage applications decreased 2.6% from one week earlier, as tighter underwriting drove the refinance index to its lowest level since March, according to the Mortgage Bankers Association.

The Mortgage Bankers Association's forecast anticipates tremendous coronavirus stimulus-related debt coming on to the market.

Illustrating the chilling effects the coronavirus crisis has had on the housing market, Southern California home sales fell 26.6% in April compared with a month earlier, while year-over-year sales were down 31.5%.

Other safety measures taken to protect settlement agents and consumers include drive-up closings and overnight mail.

The coronavirus pandemic took a toll on the Baton Rouge, La., area housing market in April, with sales dropping 12.6% compared to last year, but prices are holding up.

Ohio's homeownership rate rose in the first quarter of this year to the highest level since 2011, suggesting a robust housing market and growing economic stability.

With the coronavirus impact in full effect, a four-month streak of growth ended in April, according to Remax.

Pent-up demand is already pushing buyers to a gradual return to the market, the report asserts.

Homebuilder sentiment rose in May by more than forecast following a record slump a month earlier as a pickup in sales and demand expectations pointed to stabilization in the real estate market.