Latest Home buying News

Pace of home sales slows in Maine, but prices still surge

Oct. 21, 2021 14:42 PM EDT

PORTLAND, Maine (AP) — The pace of home sales slowed slightly in Maine last month, but home prices continued an upward surge. Sales decreased by a little less than 10% in September, but prices went up nearly 17%, the Maine Association of Realtors said. Buyers are...

Existing home sales surge as interest rates point higher

Oct. 21, 2021 11:50 AM EDT

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said Thursday that existing homes sales rose 7%...

Australian town overwhelmed by response to free land offer

Oct. 21, 2021 05:26 AM EDT

CANBERRA, Australia (AP) — The Australian Outback town of Quilpie hoped its offer of free residential land to anyone who would make it their home might attract five new families to the remote community of 800. But authorities have been overwhelmed by more than 250 inquires in less than two...

Rhode Island single-family home sales slow in 3rd quarter

Oct. 20, 2021 10:32 AM EDT

WARWICK, R.I. (AP) — The median price of a single-family home in Rhode Island continued to rise in the third quarter, even though the number of sales slowed down, the Rhode Island Association of Realtors said Wednesday. The median price of single-family homes sold in...

Nebraska launches ad campaign with $10M in CARES Act cash

Oct. 18, 2021 18:22 PM EDT

OMAHA, Neb. (AP) — Nebraska is launching a new, $10 million ad campaign using federal coronavirus relief money to try to lure people from other states and fill jobs amid a severe worker shortage, Gov. Pete Ricketts announced Monday. Ricketts unveiled a 104-second ad...

Law to help mobile home owners buy their parks hits snags

Oct. 16, 2021 10:20 AM EDT

DENVER (AP) — When Joyce Tanner first heard this spring that the Golden mobile home park she’d lived in for the past decade would be for sale, she wasted no time getting organized. The resident of Golden Hills Mobile Home Park went door to door with flyers, informing...

Memorial planned for slain real estate agent

Oct. 14, 2021 11:37 AM EDT

PORTSMOUTH, Va. (AP) — A memorial service has been scheduled for Saturday afternoon to honor a real estate agent in Virginia's Hampton Roads region who police say was killed by a client who had just bought a house in Portsmouth. The Virginian-Pilot reports that the...

State lawmaker resigns from Oregon Legislature over move

Oct. 12, 2021 17:29 PM EDT

KEIZER, Ore. (AP) — Keizer Republican state lawmaker Bill Post has announced his resignation from the Oregon Legislature after saying he misunderstood the residency requirements for being in office. His resignation announced Tuesday will be effective Nov. 30, The...

Maui median home price below $1M as homebuyers hit pause

Oct. 11, 2021 16:46 PM EDT

WAILUKU, Hawaii (AP) — The median sales price of a single-family home in Maui County dropped below $1 million last month as people priced out of the market have chosen to pause their home buying. The Maui News reported Monday the median sales...

Avoiding extremes, some move to Duluth for its safe climate

Oct. 11, 2021 01:03 AM EDT

DULUTH, Minn. (AP) — Duluth native Karen Pagel Guerndt remembers when she first heard that her hometown had been singled out as an ideal location for people seeking refuge from the growing consequences of a warming world. It was January. And it was 20 degrees below zero. ...