Latest Residential real estate News

Various items litter the floor of the 4 Brothers Store in Sparta, N.C. after an earthquake shook much of North Carolina early Sunday, Aug. 9, 2020. (Michael Hull via AP)

5.1-magnitude quake hits North Carolina, causes minor damage

Aug. 9, 2020 3:46 PM EDT

SPARTA, N.C. (AP) — The most powerful earthquake to hit North Carolina in more than 100 years shook much of the state early Sunday, rattling homes, businesses and residents. The National Weather Service in Greenville said the 5.1-magnitude temblor struck at 8:07 a.m., following a much smaller quake...

This undated photo shows Stewy Carlo during his Army service days during the Vietnam War. Carlo died in a car accident in 1975, but his family will apply for an allotment of 160 acres of government-owned land in Alaska under a new program that will allow Alaska Native Vietnam veterans or their heirs to apply for land that they might have missed out on in earlier programs because of their service. (Photo provided by Seeyaa Charpentier via AP)

Program allows some Alaska Native Vietnam vets to get land

Aug. 8, 2020 11:17 AM EDT

ANCHORAGE, Alaska (AP) — Stewy Carlo had a short life, but he lived every moment. While serving in the Army, he bought a 1951 Mercedes and motored around Europe. After his service years, he roamed South America where he developed a love of photography, and then later turned heads while driving an exotic...

FILE - In this July 9, 2020, file photo, a large video display reads

US hiring slows amid signs of longer-lasting economic damage

Aug. 7, 2020 9:28 PM EDT

WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned. The United States added 1.8 million jobs in July, a...

FILE - In this Sept. 3, 2017, file photo, tennis fans move in and out of Arthur Ashe Stadium during the fourth round of the U.S. Open tennis tournament in New York. As coronavirus cases spike in other parts of the country a month before the U.S. Open is supposed to start in New York, the U.S. Tennis Association said Friday, July 31, 2020, it “continues its plans” to hold its marquee event and another tournament beforehand. (AP Photo/Frank Franklin II, File)

No set guidelines for calling off US Open if COVID outbreak

Aug. 7, 2020 5:08 PM EDT

A player testing positive for COVID-19 will be dropped from the U.S. Open, but the U.S. Tennis Association has not established how many infected participants would force the Grand Slam tournament to be called off. According to a 10½-page “Player Q&A Update” sent out this week by the USTA,...

Man pleads guilty to threatening to shoot Black renters

Aug. 6, 2020 5:42 PM EDT

WASHINGTON (AP) — A North Carolina man who threatened to shoot a Black family in 2014 for renting a home pleaded guilty Thursday to violating the Fair Housing Act, federal prosecutors said. Douglas Matthew Gurkins, 34, entered his plea in federal court in the Eastern District of North Carolina, the U.S....

FILE - In this July 4, 2020 file photo, a sold sign hangs in front of a house in Brighton, N.Y.  U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year.   (AP Photo/Ted Shaffrey, File)

US average mortgage rates fall; 30-year loan at 2.88%

Aug. 6, 2020 11:52 AM EDT

WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan dropped to 2.88% from 2.99% last week. It was the lowest level...

Clayton Homes co-founder dies in Tennessee helicopter crash

Aug. 4, 2020 3:59 PM EDT

KNOXVILLE, Tenn. (AP) — A co-founder of Clayton Homes, a national home-building company, was killed when a helicopter crashed into the Tennessee River, relatives said Tuesday. Three others escaped the wreckage and were rescued by a pontoon boat that was on the river near Knoxville on Monday night,...

FILE - This March 19, 2018 photo shows the Google app on an iPad in Baltimore.  Big Tech companies reported mixed quarterly earnings on Thursday, July 30, 2020, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.  (AP Photo/Patrick Semansky, File)

Google buys $450M stake in ADT to give Nest a new perch

Aug. 3, 2020 5:48 PM EDT

SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet's most powerful companies to extend the reach of its Nest cameras and voice-activated voice assistant. As...

FILE - In this Dec. 3, 2019, file photo, workers erect a building under construction in Philadelphia. U.S. construction spending fell again in June 2020, the fourth straight decline as the coronavirus outbreak continues to wreak havoc on the economy. (AP Photo/Matt Rourke, File)

US construction spending declines 0.7% in June

Aug. 3, 2020 11:18 AM EDT

SILVER SPRING, Md. (AP) — U.S. construction spending fell again in June, the fourth straight decline as the coronavirus outbreak continues to wreak havoc on the economy. Spending on U.S. construction projects fell 0.7% in June as both home building and nonresidential activity declined, the Commerce...

Sakai Harrison poses for a portrait after leading his clients through a rigorous workout on Wednesday, July 29, 2020, in Atlanta. Harrison moved to New York to try to make it as a personal trainer and designer - but his gym shuttered early in the pandemic, and after weeks of struggling to both pay the rent and put food in his fridge, he knew what he had to do. He moved back to Georgia for greater stability. (AP Photo/Ron Harris)

Rent's due, again: Monthly anxieties deepen as aid falls off

Jul. 31, 2020 6:36 PM EDT

Another month passes. The coronavirus pandemic marches on. And Americans struggling amid the economic fallout once again have to worry as their next rent checks come due Aug. 1. Many left jobless by the crisis are already behind on payments. And the arrival of August brings new anxieties. A supplemental $600 in...