Latest Real estate services News

The Latest: Barnett wins Democratic primary in Kansas 1st

Aug. 4, 2020 11:32 PM EDT

TOPEKA, Kan. (AP) — The Latest on Kansas' primary election (all times local): 10:30 p.m. Kali Barnett has won the Democratic primary in Kansas’ 1st District. The 35-year-old author and music teacher from Garden City defeated Christy Davis, the former executive director of Symphony in the Flint...

A construction crew working for Anton Downing, right, and his twin brother Anthony work on a bedroom of an apartment building that they are currently rehabbing in the south side, in Chicago, Saturday July 11, 2020. Chicago-area residents who have made a career out of flipping foreclosed or decrepit houses for a profit say the coronavirus pandemic that’s hurt many businesses hasn’t had much impact so far on house flipping. (Abel Uribe/Chicago Tribune via AP)

House flippers 'unaffected' by pandemic, face uncertainty

Aug. 1, 2020 11:10 AM EDT

CHICAGO (AP) — Chicago-area residents who have made careers out of flipping foreclosed or decrepit homes for profit say the coronavirus pandemic that’s hurt many businesses hasn’t had much impact, so far, on house flipping. Andy Goldman, whose family has been flipping houses since the 1980s,...

This Monday, April 27, 2020 photo shows a sale pending sign on a home in Mount Lebanon, Pa.  The number of Americans signing contracts to buy homes rose for the second straight month as the housing market appears to be recovering from a devastating spring freeze because of the coronavirus outbreak. The National Association of Realtors said Wednesday, July 29,  that its index of pending sales rose 16.6% to 116.1 in June.(AP Photo/Gene J. Puskar)

More Americans signed contracts to buy homes in June

Jul. 29, 2020 11:49 AM EDT

SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rose for the second straight month after a devastating spring freeze brought on by the coronavirus outbreak. The National Association of Realtors said Wednesday that its index of pending sales rose 16.6%, to 116.1 in June, its...

FILE - On March 18, 2020, model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa.   U.S. home prices grew more slowly in May 2020, but continued to show resilience in the face of the coronavirus outbreak. (AP Photo/Keith Srakocic, File)

S&P CoreLogic Case-Shiller: US home prices rose 3.7% in May

Jul. 28, 2020 9:31 AM EDT

WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.7% in from a year earlier. That's a drop from the 3.9% increase in April and it was a smaller gain than...

Anil Lilly, center, holds his granddaughter Paige alongside his wife, Joyce, at their new home, Tuesday, July 21, 2020, in Washingtonville, N.Y. New Yorkers anxious after weathering the worst of the coronavirus pandemic are fueling a boom in home sales and rentals around the picturesque towns and wooded hills to the north. Real estate brokers and agents describe a red-hot market recently, with many house hunters able to work from home. (AP Photo/John Minchillo)

New Yorkers ditching city for elbow room fuel housing boom

Jul. 22, 2020 1:22 PM EDT

If the outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour north in the Hudson Valley. “We need more elbow room,” said Joyce Lilly, explaining their move to Washingtonville, New York. “Because we...

FILE - In this April 1, 2020 photo, a

US sales of existing homes jump 20% after a 3-month slump

Jul. 22, 2020 10:27 AM EDT

BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale. Sales...

This Week: Coca-Cola, American Airlines' results; home sales

Jul. 20, 2020 1:10 AM EDT

A look at some of the key business events and economic indicators upcoming this week: PANDEMIC FALLOUT Coca-Cola serves up its second-quarter results Tuesday. The beverage company has been hurt by a sharp decline in sales due partly to the closure of theaters, restaurants, stadiums and music venues around the...

FILE This April 16, 2020 photo shows a real estate company sign marking a home for sale in Harmony, Pa. U.S. homeowners are seizing on historically low mortgage rates to refinance their mortgages. Refinancing is outpacing home purchase loans as job losses and economic uncertainty put off would-be buyers.   (AP Photo/Keith Srakocic)

Homeowners rush to refinance as 30-year rate falls below 3%

Jul. 16, 2020 4:26 PM EDT

LOS ANGELES (AP) — With the 30-year mortgage rate falling this week below 3% for the first time in a half-century, more U.S. homeowners are likely to seize the chance to refinance their home loans. Americans refinanced nearly 2 million home loans from January through April, more than double the same...

167-year-old historic former textile mill to go on sale

Jul. 11, 2020 9:31 AM EDT

LACONIA, N.H. (AP) — A 167-year-old mill building in New Hampshire that's on the National Register of Historic Places is going to be put up for sale. The four-story, 13,000-square-foot (1,208 square meters) Busiel Mill, former home to textile manufacturing and later electronic organs and clocks, will be...

Reward offered for information in racist vandalism of mural

Jul. 9, 2020 5:10 PM EDT

COLUMBIA, S.C. (AP) — A $5,000 reward is being offered for information that could identify whoever is responsible for scrawling a racial slur across a mural meant to celebrate diversity in South Carolina's capital city. The vandalism was discovered last week on a mural covering a Columbia building owned by...