Housing markets

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.

The foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the U.S.

The national median home value was above $200,000 in June, breaking a barrier that was not reached during the housing boom.

Houston area home values continued their upward track, while rental rates dropped in June, a new report showed.

Two reports this week are singing harmony about the metro Atlanta housing market: there are fewer homes sold, while the ones that are selling are going for higher prices.

A decade after the summer of '07, when Orlando real estate began a years-long crash, median home prices have not returned to their high but continued to rise incrementally.

When Suna and Robert Shaw bought their previous home in Windham in 2004, the process was akin to taking a leisurely stroll.

Finding a place to live in Brooklyn is easy if you want to rent a home — not so much if you want to buy one.

A builder promises to offer that rarest of products in Palm Beach County's real estate market — new single-family homes priced at less than $300,000.

North Texas real estate agents sold a record number of houses in June.

No one needs to tell Mike and Suzy Johnson that the Columbus, Ohio, housing market is hot.