Housing markets

Millennial mortgage debt is on pace to reach levels higher than any other generation, according to Experian.

Cities and counties in Southern California will have to plan for the construction of 1.3 million new homes in the next decade, a figure more than three times what local governments had proposed over the same period, according to a letter released by state housing officials.

Sales of new homes fell in July, missing estimates, after an upward revision to the prior month brought those sales to the highest level since 2007, a sign that lower borrowing costs may be helping stabilize purchases.

Austin-area home sales and the median price of those homes both hit all-time highs last month for any July on record, the Austin Board of Realtors said.

Refinances jumped in July in response to a considerable mortgage rate decline from the month prior as homeowners set to lock in lower costs, according to Ellie Mae.

The median price of Palm Beach County, Fla., houses sold by Realtors last month was $355,013, up 1.4% from July 2018, but a bit below May's high point of $364,900.

Complaints made by legacy shareholders of Freddie Mac have no value after the Treasury Department pumped up Freddie and Fannie Mae through conservatorship.

Central Ohio home prices continued their record ascent in July, as the one of the nation's hottest real estate markets shows no sign of cooling.

Mortgage debt hit an all-time high, but the share of homeowners with financing has fallen to a low not seen in 13 years, according to the Urban Institute.

Sales of previously owned homes increased in July to a five-month high, underscoring stability in the residential real estate market that may be starting to get a boost from falling borrowing costs.

Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key sector of the economy.

Last year, the battle for the bid, the guerrilla warfare over the Lehigh Valley's dwindling supply of middle-priced homes, was a public spectacle.

A healthy gain in home sales in the Twin Cities metro last month helped push prices to a new high.

Here's a look at 12 of the nation's most affordable housing markets, based on the lowest shares of median local income needed to buy a house in the area, according to Redfin.

July's existing-home sales lived up to their potential after falling short the previous month, but that potential remains limited because tenure continues to increase, according to First American.

Albuquerque, N.M., home prices dipped slightly last month, but still maintained their torrid rate of growth over the past year.

Attracted by a growing housing demand caused by the burgeoning senior citizen population in South Florida, a Houston-based developer is staking out Fort Lauderdale and Coral Gables as locations for multiple elder communities in the region.

Even before Amazon.com Inc. completes its Northern Virginia office hub, the e-commerce giant has helped make the area the most competitive housing market in the U.S.

The spring home buying market — traditionally the strongest of the year — didn't do much to boost overall home sale prices in greater Hartford this year.

The Jacksonville, Fla., housing picture continued its trend of mixed results in July.