Latest Home buying News

US new home sales slid 12.8% in July

Aug. 23, 2019 11:47 AM EDT

WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply...

Colorado city council approves $10M debt to aid home buyers

Aug. 21, 2019 6:01 PM EDT

BOULDER, Colo. (AP) — A Colorado city has approved taking up to $10 million in debt to finance a program to assist prospective home buyers. The Daily Camera reported Tuesday that the Boulder City Council voted unanimously for the city to take out the debt to assist with down payments. The council's action...

US home sales rose 2.5% in July, aided by low mortgage rates

Aug. 21, 2019 10:56 AM EDT

WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a seasonally adjusted annualized rate of 5.42 million units, up from 5.29 million in June. Average...

Police: Georgia woman says she was kidnapped, assaulted

Aug. 21, 2019 6:24 AM EDT

ROSWELL, Ga. (AP) — Police in Georgia say they rescued a woman who was kidnapped, then drugged and assaulted over a two-day span. Roswell police told news outlets they used a new locating system to find the woman who called 911 Tuesday saying she was kidnapped and didn't know her location. Authorities...

Eastern Nebraska man claims $1M Powerball prize

Aug. 20, 2019 6:49 AM EDT

LINCOLN, Neb. (AP) — An eastern Nebraska man has claimed his $1 million Powerball prize. The Nebraska Lottery says Daniel Moore, of Bellwood, bought the ticket at the Parkview One Stop on Colfax Street in Schuyler. It matched the first five numbers drawn Saturday night: 18, 21, 24, 30 and 60. But it didn't...

Motown Museum sharing key founding document for company

Aug. 19, 2019 6:35 AM EDT

DETROIT (AP) — A copy of the original land contract for Motown Records' Hitsville U.S.A. in Detroit will be unveiled as part of the music company's 60th anniversary celebration. Officials with the Motown Museum, located where Berry Gordy Jr. launched his music empire, say they will share the rarely seen...

Trump likens buying Greenland to 'a large real estate deal'

Aug. 18, 2019 6:12 PM EDT

WASHINGTON (AP) — President Donald Trump said Sunday the idea of buying Greenland from Denmark has been discussed within his administration because of the strategic benefits for the U.S. and suggested that the semi-autonomous territory is a financial burden to Denmark. Surprise and confusion greeted a Wall...

Documents: Ex-Atlanta CFO kept city-bought rifles at home

Aug. 18, 2019 12:45 PM EDT

ATLANTA (AP) — The City of Atlanta's former chief financial officer kept two fully automatic rifles after falsely certifying that he was buying them on behalf of the police department. The Atlanta Journal-Constitution reports documents show Jim Beard kept the guns at home, even though $2,600 in city money...

83-year-old convicted of killing man who was buying his home

Aug. 16, 2019 6:35 PM EDT

TOPEKA, Kan. (AP) — An 83-year-old man has been convicted of fatally shooting the buyer of his Topeka home because he felt too much was being asked of him before he moved out. WIWB-TV reports that jurors found Anthony Darcy guilty Friday of second-degree murder and assault in the death of 36-year-old...

Florida vacation home invaded by vomiting vultures

Aug. 16, 2019 5:43 PM EDT

WEST PALM BEACH, Fla. (AP) — A New York couple's luxurious vacation house in Florida has been taken over by dozens of black vultures that are vomiting and defecating everywhere. The Palm Beach Post reports the Casimano family can't even visit the $702,000 home they purchased earlier this year in the Ibis...