Real estate

In yet another milestone, the Sonoma County, Calif., median home price broke through the $700,000 mark.

Local homebuilding remained on a hot streak as through the first seven months of this year, single-family permits totaled 2,500 or 22% higher than the same period in 2017.

Houston home prices continued to climb in July, rising to an average of $314,775, but fell $1,688 shy of the all-time record set in June.

Single-family home sales in Connecticut fell in June, though the median price climbed to a five-year high.

Earlier this year the Legislature appropriated $200 million to help finance new affordable rental housing. Now a state-led panel advises that an additional $1 billion should follow over the next decade to further address Hawaii's shortage of affordable apartments.

Distance from work is a big part of the home buying decision, particularly since a quick commute often comes with higher home prices and less space. But the sweet spot in some cities is just 15 minutes away.

The Pennsylvania Housing Finance Agency is switching to Black Knight's LoanSphere MSP to service the agency's $4.9 billion mortgage loan portfolio.

Contract signings to purchase previously owned homes rose for the first time in three months, indicating the housing market is stabilizing on the heels of a modest pickup in listings, lower taxes and a robust labor market.

Sacramento home sales have hit a summer slump as potential buyers back away from escalating prices and rising mortgage interest rates.

Homeownership levels reached their highest point since the third quarter of 2014, but some races saw their rates fall, according to the U.S. Census Bureau.