Housing markets

Sales of previously owned homes rose in June for the first time in four months as the economy reopened more broadly from coronavirus-related shutdowns and buyers took advantage of record-low mortgage rates.

COVID-19 continues to upend the Massachusetts residential real estate market as sales of both single-family homes and condos have crashed roughly 23% and 30%, respectively, this June compared with last.

Santa Fe County had the highest median home sales price in the state in June, and New Mexico had its highest statewide median sales price of $231,000 since the New Mexico Association of Realtors started keeping statistics in 2008.

Despite concerns with the COVID-19 pandemic, the area real estate market saw activity in June that was consistent with June 2019.

The Federal Housing Finance Agency will extend the same GSE benchmarks of the past three years into 2021.

After taking a deep dive in March and April due to the pandemic, housing sales throughout the Twin Cities rebounded in May, coming back strong to even make up lost ground.

The median price for detached homes in Marin County, Calif., rose 5.3% in June over the prior year, marking the first solid gain since the coronavirus arrested the market.

The South Florida luxury housing market suffered headwinds in the second quarter. The number of sales dropped up to 55.6% year-over-year in one neighborhood.

Home construction starts rose 17% in June, with builders ramping up production as lockdowns eased.

Buyers in metro Denver who expected to have an easier time snagging a discounted home given all the economic turmoil may need to recalculate.

The surge of COVID-19 cases in much of the nation put a hold on reopening the economy, adding risk to the housing market, First American said.

Homebuilder outlook improved in July and is back at pre-pandemic levels as the housing market continued to lure buyers looking for more space and attracted by record-low interest rates.

After two months of declines in the coronavirus pandemic, the Boise, Idaho, area housing market rebounded in June with a 3.4% increase in homes sold compared with June 2019.

The Rhode Island Association of Realtors said that the number of single-family houses sold in June was down 14.6% from the same month a year ago.

The company wants to provide financing to those who purchase its homes in Colorado, Georgia and Texas.

The South Florida housing market is experiencing its highest overvaluation in eight years. Still, a housing crisis is unlikely, one expert said.

The City of Frisco has experienced a major population boom in the past few decades and has earned the title of fastest-growing city several times by the U.S. Census Bureau.

Mortgage applications to purchase new homes were up 54% compared to the same month the year before.

After a couple of months of steep double-digit declines, Central Texas home sales rebounded in June across the Austin area, the Austin Board of Realtors said.

Bay Area home sales plummeted in May, falling by more than one-third in most counties and by nearly half in San Francisco as COVID-19 fears chilled buyers and sellers.