Housing markets

Mortgage applications decreased 0.8% from one week earlier as the latest spread of COVID-19 weighed on the minds of consumers looking to buy or refinance, according to the Mortgage Bankers Association.

With inventory tight and demand compounded by a nonexistent spring home-buying season, a fifth of all buyers waived inspection or appraisal contingencies to win bidding wars, according to Redfin.

The U.S. homeownership rate, led by young buyers, jumped to the highest since 2008, signaling that the housing boom underway before the pandemic has only accelerated.

Miami-Dade and Broward experienced a dip in year-over-year residential transactions in June. But it's not all gloom and doom: Pending sales increased year-over-year, a sign of activity increasing since April.

Is a surge of wealthy out-of-state homebuyers fueling a drastic increase in home prices in Missoula and western Montana?

Tight inventory is expected to drive home prices higher over the summer, according to First American.

The Southern California housing market is showing signs of heating up following a coronavirus-induced slump.

After steep year-over-year declines in home sales in April and May, Tampa Bay's housing market showed signs of a strong rebound in June from pandemic-induced sluggishness, according to new figures released by Florida Realtors.

CoreLogic said more refinancings and fewer investor purchase mortgages drove its index down to a level last reached in the third quarter of 2010.

New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

While the COVID-19 pandemic has hammered other areas of the Albuquerque, N.M., economy, it's becoming clear that it hasn't stopped residential real estate momentum.

Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area.

The returns on investment for homes sold in the second quarter of 2020 reached the highest level since the housing bubble collapsed, according to Attom Data Solutions.

Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt.

After two months of steep drops, home sales leveled off in the Sarasota-Manatee, Fla., region in June.

Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.

Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations.

COVID-19 could not stop the upward pressure on home prices in San Diego County which reached a new high of $600,250 in June.

Home sale prices are up while sales numbers are way down in metro Detroit's real estate market, which has yet to experience any collapse in values from the coronavirus-caused recession.

The new normal created by the events so far in 2020 could make this the best year ever for lenders.