Housing markets

Normally among the hottest times of the year to buy or sell a house, July came up tepid in metropolitan Milwaukee.

Home prices rose to all-time high levels in each of the last two months in the Buffalo Niagara, N.Y., region.

The mortgage market is transforming at breakneck pace, with bank and nonbank mortgage lenders investing heavily in digitizing their process, improving the customer experience, and speeding time to close.

If there's one word that comes up more than any other in the Seattle-area housing market, it's probably "bubble."

Canadian home construction is on pace for its best year since the 2008-2009 recession, with builders showing no sign of being slowed by rising interest rates or fears of a housing correction.

Oahu's more affordable option for homeownership is climbing in cost as median sales prices for condominiums hit historic highs, as evidenced in July.

Homeowners continue to view their property value higher than appraisers do, while homeowners in areas experiencing rapid growth may be more likely to underestimate their home's worth.

For the first time ever, the median King County, Wash., home price has grown more than $100,000 in just a year, a new grim milestone for buyers already dealing with the hottest housing market in the country.

From funding sources to home prices, here's a look at five questions lenders must ask themselves before they can safely originate 1% down mortgages.

The percentage of people who said July was a bad time to buy a home increased to a survey high because of rising prices, according to Fannie Mae.

In June 2007, the Orange County, Calif., median home selling price hit $645,000 — a high point near the end of that era's crazy, risky lending and home buying insanity. In less than two years, a violent downturn slashed the typical local home's value almost in half.

The nonbank mortgage sector had its largest one-month employment gain in a year, as independent mortgage bankers and brokers enjoyed stronger-than-expected originations during the second quarter.

The U.S. homeownership rate remains slightly above a post-crisis low it set during the second quarter of last year.

The cheapest housing markets aren't always the most affordable cities for first-time home buyers and existing homeowners. Here's a look at 12 cities with low home prices, but where other factors put a damper on purchasing power.

A rebound in contract signings for the purchase of previously owned homes shows housing demand is stabilizing after a three-month downturn, according to the National Association of Realtors.

The run-up in expenses involved in making a home loan is one of the trends limiting new construction, says Fannie Mae Chief Economist Doug Duncan.

Connecticut's real estate market saw solid gains in June, as the number of homes sold in the state last month jumped 6.4% compared to the same period a year ago.

The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast.

Strong housing demand continued to outpace supply in June, in large part because millennial buyers are on the rise, according to First American Financial Corp.

A slowdown in sales of previously owned homes shows how lean inventories are keeping prices elevated and limiting purchasing options.