Housing markets

The average and median homes sales prices for the Dayton, Ohio, area reached record highs in JUly, which local experts say could produce positive and less than desirable effects for area homeowners.

Tight inventory and unstoppable buyers pushed Bay Area median home prices higher in July, ignoring the economic drag of the pandemic.

The refinance boom kept mortgage loan application defect risk flat, with record-low levels in July, but fraud risk for purchases climbed again, according to First American Financial.

Mortgage subsidies introduced in Russia this year to stimulate the economy have fueled a surge in apartment prices even after incomes plunged by the most since 1998.

In spite of the COVID-19 pandemic, Napa County home sales skyrocketed in July, rising 79.8% from June to July, the California Association of Realtors reported.

Montana real estate is a hot commodity. From east to west, north to south, homes and land are, more often than not, sold within days.

Homebuyers are favoring newly built properties at the highest rate in more than a decade.

Also: NMN analyzes political donations from the industry, foreclosure and eviction ban extended to year's end.

Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.

Orange County, Calif., home buying rebounded last month to levels above 2019, a buying surge that pushed the median sales price to its sixth record high of 2020.

The number of new housing permits issued in Connecticut communities in July rose 10.2% over the same period in 2019, officials with the state Department of Economic and Community Development said.

Pending home sales rose in July by more than forecast to the highest level since 2005, signaling the housing market’s sharp recovery will continue with borrowing costs to stay low for the foreseeable future.

After three straight months of double-digit percentage declines, single-family home sales in Massachusetts rebounded to set new records in July.

With mortgage rates and housing inventory both at all-time lows, the majority of consumers would overshoot their budgets for the right home without accounting for future costs, according to LendingTree.

Mortgage application volume decreased 6.5%, falling for the second consecutive week with refinance activity at its lowest since early July, according to the Mortgage Bankers Association.

In the list of numbers summing up the Bakersfield, Calif., single-family home market last month, one figure better than any other explains why buyers are bidding up prices lately.

Like much during the pandemic, the latest news on home prices inspires a definite sense of deja vu.

The housing market reaped the rewards of new construction increasing before the coronavirus took effect, netting a boost in July sales, according to Redfin.

There is a shortage of notaries and that is being made worse by those lenders that don't offer remote online notarization.

New-home sales jumped to the highest level in almost 14 years in July as low mortgage rates helped fuel a suburban construction boom.