The average purchase loan size rose to a high of $365,700, as borrowers contend with limited supply and higher home prices.

A House subcommittee included fair housing counseling, LGBTQ housing protections, and transportation infrastructure projects in its proposed 2021 spending bill.

An expert says the practice is proliferating outside the luxury market, which birthed the tradition.

Some real estate professionals are trying to ease sellers’ concerns by allowing only serious buyers to view homes in person.