Housing markets

Home sale prices posted their smallest annual gain since March 2012 and mortgage rates have declined, leaving bidders less inclined to race for a deal, but at the same time, a cooler housing market suggests more consumers may be willing to explore homeownership.

After a cool January, home sales in Northeast Ohio warmed up a bit in February.

Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.

Mortgage rates declined across the board this week, which should make home buying more attractive although there are continuing concerns about inventory, according to Freddie Mac.

Millennials make up the largest cohort of homebuyers, but a quarter of them don't even know their credit score, which could be a call for mortgage lenders to help them prepare to enter the housing market.

While home prices continued the gradual annual growth in February, its plateaued monthly progression could open a big spring for mortgage lending, according to Quicken Loans.

Mortgage lenders are optimistic about their business prospects during this spring's home purchase season even with the negative sentiments about demand in the previous three months, Fannie Mae said.

Real estate agents across Colorado are hoping the chill in the state's housing market comes from the wintry weather and not the start of a longer market slowdown.

A city program that helps first-time homebuyers purchase affordable homes has received an additional $3.2 million in grant funding.

Real estate experts think homebuilders should prevent natural disasters with better strategies, but this could drive up already rising prices and hurt buyer affordability, according to Zillow.

February was a disappointing month for the Dallas-area housing market.

From New York to Seattle, here's a look at cities with the best homebuyer purchasing power for the upcoming competitive spring market, based on changes in house values compared to local wages and mortgage rates.

As housing starts gradually rise, the proportion of homes getting built outside of metropolitan areas is declining due to fewer jobs there to support them.

City planners project that an existing housing shortage on Oahu could disappear in five years based on current and anticipated residential development projects.

Colorado Springs-area home prices continued to climb last month, even as Denver's slipped for the first time in several years.

While homes sales in January might have been down across the region, activity in St. Johns County was still strong.

Consumers have much more confidence in the job market than they do on housing, and home prices could be the culprit, according to Fannie Mae.

Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.

As 2019 got underway, weakness in the housing market drove the number of workers employed by nondepository mortgage companies down to a low not seen since August 2016.

New-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates.