Latest Home buying News

Co-buying a house: How platonic partners make it work

Dec. 07, 2022 10:45 AM EST

Seven years ago, Phil Levin and his girlfriend, Kristen Berman, pondered a common question: Should we move in together? Levin assumed they’d take a predictable path and find a more affordable apartment outside of pricey San Francisco. But Berman, a behavioral scientist, shared her...

Ex-Harvard coach, dad face jurors in admissions bribery case

Dec. 05, 2022 14:49 PM EST

BOSTON (AP) — A wealthy Maryland businessman bought the run-down home of Harvard's fencing coach for well above its value, bankrolled the renovation of his $1 million condo and helped pay the coach's bills in a scheme to secure coveted spots for his sons at the elite university, a federal...

Dallas Habitat for Humanity helps staff purchase homes

Nov. 30, 2022 09:40 AM EST

Rebecca Thompson was about to sign a lease for an apartment with a friend in early 2020 when businesses started shutting down because of the COVID-19 pandemic. So instead, the 34-year-old decided to stay with her parents to save money. But with home prices skyrocketing in Dallas, she thought...

High mortgage rates send homebuyers scrambling for relief

Nov. 23, 2022 12:58 PM EST

LOS ANGELES (AP) — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years. The trend has driven adjustable-rate mortgages, or ARMs, to the highest usage in over a decade. A...

Famed 'Goonies' house for sale in coastal Astoria, Oregon

Nov. 22, 2022 19:04 PM EST

PORTLAND, Ore. (AP) — Good news for fans of “The Goonies:” the old Victorian home featured in the film is on sale in Astoria, Oregon, and potential buyers are considering making it more accessible to the public. “We have a few interested parties right now,” said realtor...

US home sales fell in October for ninth straight month

Nov. 18, 2022 12:13 PM EST

Sales of previously occupied U.S. homes fell in October for the ninth consecutive month to the slowest pre-pandemic sales pace in more than 10 years as homebuyers grappled with sharply higher mortgage rates, rising home prices and fewer properties on the market. Existing home sales...

2 Hawaiian men guilty of hate crime in white man's beating

Nov. 17, 2022 23:26 PM EST

HONOLULU (AP) — A jury on Thursday found two Native Hawaiian men guilty of a hate crime for the 2014 beating of a white man who was fixing up a house he purchased in their remote Maui neighborhood. U.S. District Judge J. Michael Seabright ordered Kaulana Alo-Kaonohi and Levi Aki...

The Home Edit founders add a podcast to their growing brand

Nov. 17, 2022 12:57 PM EST

They may have been tasked with organizing Chris Pratt and Katharine Schwarzenegger's garage or Drew Barrymore's talk show kitchen, but professional organizers Clea Shearer and Joanna Teplin, founders of The Home Edit, are quickly becoming talent in their own right. The chatty,...

Colorado votes to dedicate $300 million annually to housing

Nov. 14, 2022 14:06 PM EST

DENVER (AP) — Facing sky-high housing prices, Colorado residents have voted to direct an estimated $300 million a year to affordable housing projects by rewriting the state’s tax law. As housing crises bubble up nationwide, the measure was the only statewide affordable housing...

In Vail, housing shortage threatens America's ski wonderland

Nov. 14, 2022 09:59 AM EST

VAIL, Colo. (AP) — There's a narrow swath of sagebrush-covered hillside perched just above Interstate 70 that's home to a Colorado treasure: the bighorn sheep that graze along that steep, craggy terrain. The land could also be used to help solve a chronic problem nearby: a dearth of affordable...