Housing markets

Portland metro has never had so few homes for sale as seen in November, handing even more power to sellers and forcing buyers to face bidding wars or wait for more owners to list their residential property.

Southern California home prices jumped 11% in November and sales increased by 19% from last year's levels as a robust market streak continued to defy the coronavirus pandemic that saddled the region with high unemployment.

Single-family starts rose for a seventh month to a 1.186 million annualized rate that was the highest since 2007.

While the haggling tapered off slightly alongside the housing market’s seasonal slowdown, home sales remained five times more competitive than the year before, according to Redfin.

Homebuilder confidence eased slightly in December to the second-best level on record following the prior month’s peak, signaling that low mortgage rates are still giving the industry a major boost.

Home sales in the San Antonio area rose for the sixth straight month as prices continued increasing and the inventory of available houses kept tightening.

Applications for loans on newly built homes are still up considerably from a year ago, but they were down a little from October in the Mortgage Bankers Association’s latest survey.

With coronavirus inoculations underway and government stimulus likely to come, the outlook for next year’s housing market and lending environment grew more optimistic in December.

The affordable housing nonprofit's Equitable Path Forward initiative seeks to eliminate "the deep-rooted legacy of racism in housing."

The industry is now likely to top 2019's nearly $16 billion in premiums written.

Albuquerque, N.M., home prices dipped slightly from October to November, but still remained well above where they stood 12 months earlier.

The average gain per homeowner on a year-over-year basis was the most in six years.

The ongoing coronavirus pandemic has done nothing to quell the upward trajectory of home prices in Southern Nevada.

While distressed mortgage rates crept down overall, serious delinquencies still tripled year-ago rates in September, according to CoreLogic.

Despite an unpredictable year, one degree of normalcy has returned to Seattle-area home sales: In a dip typical of the winter season, fewer homes were on the market in November and fewer new sellers were listing.

Employment worries and the pandemic's ongoing obstacles for home buying wore down consumer confidence in November, according to Fannie Mae.

Strong demand by buyers bidding above asking price helped push up the median resale price of single-family homes on Oahu to $872,500 in November, the second highest ever.

Mortgage rates dropped a basis point this week, reaching the lowest level since Freddie Mac started tracking this data, even though yields on the benchmark 10-year Treasury increased 7 basis points.

The head of the Federal Housing Administration said Congress should consider whether to continue allowing the loan floor and ceiling to remain tied to changes in the conforming mortgage limit.

This fall's red-hot housing market in Duluth, Minn., has more than made up for time lost to the pandemic this spring.