Latest Real estate services News

AG investigates former Missouri National Guard general

Nov. 4, 2019 8:16 AM EST

ST. LOUIS (AP) — Newly obtained records show that the Missouri attorney general is investigating whether the longtime former top general of the Missouri National Guard "misused his office." The St. Louis Post-Dispatch reports that documents obtained through an open records request show that the...

Seniors at California complex 'abandoned' during blackout

Oct. 31, 2019 7:49 PM EDT

NOVATO, Calif. (AP) — One woman in her 80s tripped over another resident who had fallen on the landing in a steep stairwell. Others got disoriented, even in their own apartments, and cried out for help. At least 20 seniors with wheelchairs and walkers were essentially trapped, in the dark, in a low-income...

Disabled, infirm at senior complex were 'abandoned' in dark

Oct. 31, 2019 12:29 AM EDT

NOVATO, Calif. (AP) — One woman in her 80s tripped over another resident who had fallen on the landing in a steep stairwell. Others got turned around, even in their own apartments, and cried out for help. At least 20 seniors with wheelchairs and walkers were essentially trapped, in the dark, in a...

Pending home sales reached a 21-month high in September

Oct. 29, 2019 11:22 AM EDT

WASHINGTON (AP) — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August to September to 108.7, its highest level since...

Massive American Dream mall opens but will shoppers come?

Oct. 25, 2019 5:46 PM EDT

EAST RUTHERFORD, N.J. (AP) — More than two decades ago when a mega entertainment and shopping complex was being conceived on a vast swath of swamp land in New Jersey, the iPhone didn't exist, Amazon was only selling books online and malls were where you went for all your shopping needs. Now, after endless...

2 men heading to prison for $3.2 million investment scam

Oct. 23, 2019 7:17 AM EDT

WEST PALM BEACH, Fla. (AP) — Two men who ran a $3.2 million investment scam in Florida are heading to prison. A federal judge on Tuesday sentenced 58-year-old Scott Strochack to 32 months in prison. Seventy-three-year-old Norman Strell was sentenced to 42 months behind bars. The Palm Beach Post reports the...

High prices drove US home sales down 2.2% in September

Oct. 22, 2019 12:03 PM EDT

WASHINGTON (AP) — U.S. home sales fell 2.2% in September, as rising home prices and lower inventories have stifled homebuyers. The National Association of Realtors said Tuesday that homes sold last month declined at a seasonally adjusted annualized rate of 5.38 million units, ending a two-month streak of...

Real estate developer gets 1 month in college bribery case

Oct. 18, 2019 2:05 PM EDT

BOSTON (AP) — A California real estate developer was sentenced Friday to one month in prison for paying $75,000 to cheat on his daughter's college entrance exam. Robert Flaxman, 63, of Los Angeles, was sentenced in Boston's federal court after pleading guilty in May to a single count of fraud and...

Georgia mall featured in 'Stranger Things' to go up for sale

Oct. 10, 2019 12:04 PM EDT

DULUTH, Ga. (AP) — Most of the Georgia mall heavily featured in the latest season of Netflix's "Stranger Things" is going up for sale. News outlets report Moonbeam Capital Partners is ready to sell its portion of the long-struggling Gwinnett Place Mall, which has been so empty that a body went unnoticed...

Correction: FTC-HGTV Real Estate Classes story

Oct. 7, 2019 3:32 PM EDT

NEW YORK (AP) — In a story Oct. 4 about a real estate seminar business, The Associated Press mischaracterized a federal court order against Zurixx LLC. The court put temporary restrictions on the company; it did not halt operations. The court also ordered Zurixx's assets to be preserved, not frozen. A...