Real estate

Home sales took off in the Portland area last month, perhaps as buyers tried to get ahead of rising mortgage rates.

Home Captain, a fintech company that looks to increase mortgage-lead conversion rates, completed a Series A financing round led by Spring Mountain Capital.

Developers built nearly 24,000 apartments in the Twin Cities since 2010 in what's been seen as a booming market. But the action this year and next will blow all that away.

The homeownership rate in the Buffalo Niagara region dropped to its second-lowest level in 25 years in 2017, according to new data released by the Census Bureau.

Quicken Loans affiliate Amrock Inc. is appealing a jury verdict ordering it to pay $706.2 million to analytics company HouseCanary in a legal dispute over a software licensing agreement.

A recently released report explores some of Duluth, Minn.'s housing challenges, including the high cost of building a single-family home in the city.

Close to a third of all home purchases were made by millennials over the past year, but tight inventory and affordability issues prevented them from reaching their buying potential, according to the National Association of Realtors.

Only a small percentage of borrowers are deterred by the higher rates seen this year, even with the additional cost making it tough for first-time buyers to find affordable properties.

Forget about the millennials. North Texas homebuilders are betting that boomers will be among the biggest buyers of new houses in the next few years.

New-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter.