Purchase

Pre-pandemic, home-buying power was high, but few are likely to buy a home today given a host of uncertainties regarding coronavirus, First American said.

The Missouri real estate market was expected to have a promising year, but it's since been hobbled by the COVID-19 pandemic, and the disruption may stretch into the fall according to the Missouri Realtors Association.

The Bakersfield, Calif., home market was on track to finally retake the peak it achieved during the housing bubble.

The advertisements are meant to entice: A month of free rent in a high-end apartment in downtown St. Petersburg. A free pool at a new housing development in Tampa. A $20 Amazon gift card for taking a virtual tour.

The coronavirus outbreak has shuttered business and kept people hunkered down in their homes. Perhaps unsurprisingly, it's also resulted in a market that experts describe as essentially frozen in place.

In the days before COVID-19 entered American consciousness, home prices in San Diego climbed near record territory.

A statewide stay at home order imposed in late March didn't stop Dayton Realtors from hitting their highest monthly sales figures so far in 2020.

Sales of new homes slid in March by the most since 2013 as the coronavirus started to wreak havoc on the country’s economy.

Sales volumes fell by over 50% in some states since the shelter-in-place mandate started, according to HouseCanary.

Wisconsin started out 2020 with an increase in home sales and median prices of houses over the same time in 2019, but the coronavirus pandemic is expected to have a major influence on the market now.

Both the number of sales and median prices grew in Miami-Dade and Broward in March, just as coronavirus began to grip South Florida.

Toronto home sales and listings plunged in the first part of April as the COVID-19 pandemic curbed demand in Canada's largest city.

Mortgage applications decreased 0.3% from one week earlier, although purchase activity was higher for the first time in six weeks, according to the Mortgage Bankers Association.

Sales of previously owned homes dropped in March by the most since November 2015, representing weaker demand that likely is going to get much worse in coming months as the pandemic bears down on the economy.

Separate reports from Radian and Redfin show home values rose during March despite a slowdown in sales, but that is likely to change as shelter-in-place orders affect the real estate markets.

Maui's housing market showed stability in March ahead of an expected downturn caused by the coronavirus pandemic.

The coronavirus outbreak, along with the shift to a lower paying refinance business, will likely limit commission earnings for the rest of 2020.

In March, home sales rose year-over-year for the fourth consecutive month, but the coronavirus inhibited what's typically the biggest monthly boost of the year, according to Remax.

COVID-19 has led to an unprecedented number of homes for sale being withdrawn, canceled or temporarily taken off the market in Sarasota County, Fla., but the prices on the homes that are being sold have held steady, according to a Sarasota real estate firm.

From the crossroads of America down to the bayou, here's a look at 12 housing markets where it's the most financially prudent to buy a home rather than rent, according to First American.