Housing markets

The creation of new houses in Rochester, Minn., is on the decline.

Millennials — now more than ever — dictate the direction the housing market is moving in, and with the deceleration of starter home prices, more should become homeowners soon, according to CoreLogic.

Home prices have more than recovered since the recession, but higher-than-ever medical and student debt is robbing many homeowners from realizing the benefits, while keeping others away from the market, according to Zillow.

In the decade ending in June, close to $9 trillion in additional owner-occupied real estate wealth was gained by U.S. households. Pacific states, led by California, grabbed 37% of this gain.

Realtors and community leaders are hailing a new milestone for the Rockford, Ill., area housing market.

As the affordable housing crisis comes to a head, the Mortgage Bankers Association put up opposition to the "not in my backyard" mindset by getting behind the Yes, In My Backyard bill introduced in the House of Representatives.

Don't believe what you see on the cable shows — home flipping is a tough business.

Prospective Bay Area home buyers abandoned the market in August, as home sales dipped to a nine-year, monthly low despite falling interest rates and more choices.

The switch to a buyer's home purchase market, as well as fewer natural disasters helped drive the five-month-long decline in mortgage application fraud risk, First American said.

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.

Neither boom nor bust, the Palm Beach County, Fla., housing market ended the summer selling season with a steady but unspectacular performance.

Economic uncertainty and high housing prices will put a damper on home sales next year, but low mortgage rates will offset that, pushing house prices to all-time highs in 2020, the California Association of Realtors forecast.

Rising home prices are likely to constrain affordability for some time to come, with only the current low mortgage interest rate environment softening the blow, Attom Data Solutions said.

Local and state home sales statistics paint a hot seller's market in New Mexico.

Contract signings to purchase previously owned homes rebounded in August by more than forecast, helped by low mortgage rates and continued household income gains.

Southern California home sales slipped back into reverse in August after recording the first gain in a year the previous month.

It looks like lower mortgage rates are helping lure Americans who are buying the priciest properties.

More than half of recent, as well as prospective, first-time homebuyers said purchasing a house was more difficult than it should be, according to a survey for Framework.

Fueled by strong job growth and low mortgage rates, the metro Atlanta housing market last month recorded its biggest jump in home prices since January.

Sales of new homes rebounded at a faster pace than forecast in August as a decline in mortgage rates sparked demand for higher-priced properties.