Purchase

The number of home sales in the greater New Orleans area dropped sharply in April as the coronavirus pandemic locked down the economy, but prices mostly held steady as many sellers withdrew their properties and took a "wait-and-see" position amid the unprecedented market conditions.

Maui real estate activity slowed in April as the effects of dramatically reduced new listings and resulted in a big drop-off in pending sales.

Thousands of fewer homes came onto the market in the St. Louis metro area last month than normal — just 2,400 new listings each week, a 42% drop over this time last year, according to realtor.com.

Hiring by nonbank mortgage and brokers held up unusually well through the early days of the coronavirus outbreak in March, but April's all-time high in unemployment suggests that's unlikely to last.

Residential real estate showings in the Denver metropolitan region, hampered by the COVID-19 outbreak and corresponding stay-at-home orders, hit an all-time low last month.

Hawaii's real estate market is now getting pounded from complications of COVID-19.

Typically, housing-market activity strengthens through the spring before peaking in May, but last month, many metrics of housing-market activity fell by double digits, compared both with last month and with last year.

Consumer sentiment for home buying fell to its lowest point since November 2011, according to Fannie Mae.

Sales of existing houses in the Las Vegas area fell more than 30% in April compared to the same month last year, while prices dipped 2.8% from March, according to a new report.

Mortgage rates ticked up slightly this week, but whether consumers are able to take advantage of them for purchases and refinancings depends on who looks at the data.

Houston home sales plunged more than 20% in April from year-ago figures as sellers took properties off the market and buyers stayed home through the coronavirus-induced shutdown.

But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.

With mortgage rates plummeting, the refinance share of closed loans from millennial borrowers rose for the third straight month, to the highest level since Ellie Mae began tracking the data in 2016.

A once-in-a-century pandemic, widespread lockdowns and economic woe — none of it was enough to keep Bay Area home prices from going up.

Purchase mortgage activity rose for the third consecutive week, although the total volume was flat compared with the previous seven-day period, according to the Mortgage Bankers Association.

After a March that still showed some signs of normalcy, April was less kind to Tampa Bay's real estate market as the coronavirus pandemic continued to plummet consumer confidence and disrupt the economy in new and dramatic ways.

This stylish home in the Beverly Hills Post Office area was much more famous in the late 2000s, when comedian Ed McMahon lived there and was fighting to keep the house.

Houston real estate agent Tim Surratt decided late last week to hold his first open house since the coronavirus pandemic broke out.

This scenario has been seen before. A sudden shock to the economy. Jobs lost. Lenders in trouble.

Less competition in the marketplace meant customers were less apt to fudge the truth on a loan application.