Latest Real estate services News

Real estate agents use digital strategy to get buyers

Jul. 17, 2019 11:42 AM EDT

NEW YORK (AP) — When the internet replaced newspapers as a primary way to advertise homes and other property for sale, real estate brokers learned they had to be increasingly strategic about marketing online. That has meant adapting evolving digital marketing trends to attract people looking to buy or sell...

As housing market wavers, brokers strategize to get buyers

Jul. 17, 2019 10:56 AM EDT

NEW YORK (AP) — The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to sellers the reasons why they might have to take a loss on their homes. Real estate agents have developed new strategies as they contend with a...

US pending home sales up 1.1% in May

Jun. 27, 2019 10:11 AM EDT

WASHINGTON (AP) — More Americans signed contracts to purchase homes in May compared with the prior month, a sign buyers may be ready take advantage of low interest rates and stabilizing home prices. The National Association of Realtors says that its pending home sales index rose 1.1% to a reading of 105.4....

US home sales climbed 2.5% in May amid lower mortgage rates

Jun. 21, 2019 11:12 AM EDT

WASHINGTON (AP) — U.S. home sales jumped 2.5% in May, as lower mortgage rates appeared to help buyers overcome affordability challenges. The National Association of Realtors said Friday that existing homes sold at a seasonally adjusted annual rate of 5.34 million last month, up from 5.21 million in April....

Ivanka Trump, Kushner took in as much as $135M last year

Jun. 14, 2019 10:25 PM EDT

NEW YORK (AP) — Ivanka Trump and Jared Kushner took in as much as $135 million in revenue during their second year as aides to President Donald Trump, generated from their vast real estate holdings, stocks and bonds and even a book deal, according to their financial disclosures released Friday. Ivanka...

Deal on NYC tenant protections will be signed, governor says

Jun. 12, 2019 3:29 PM EDT

ALBANY, N.Y. (AP) — Gov. Andrew Cuomo said Wednesday that he will sign a deal negotiated by legislative leaders that would strengthen rent stabilization rules covering more than a million tenants in and around New York City. The proposal, which lawmakers plan to pass Friday, would permanently extend the...

State leaders reach deal on new rent protections for NYC

Jun. 11, 2019 11:38 PM EDT

ALBANY, N.Y. (AP) — Legislative leaders in Albany agreed Tuesday to tighten tenant protections for millions of New York City apartment dwellers and authorized cities around the state to craft their own restrictions on rents. The agreement, announced by Senate Majority Leader Andrea Stewart-Cousins and...

US pending home sales fell 1.5% in April

May. 30, 2019 10:04 AM EDT

WASHINGTON (AP) — Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of...

California Assembly votes to cap rent increases

May. 30, 2019 12:09 AM EDT

SACRAMENTO, Calif. (AP) — The California Assembly voted Wednesday to cap rent increases for many tenants as America's most populous state faces a housing crunch. The bill, which now goes to the state Senate, would prohibit landlords from raising rent by more than 7% plus inflation over the course of a...

Young homebuyers scramble as prices rise faster than incomes

May. 25, 2019 2:59 PM EDT

SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock. In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of...