Latest Residential real estate News

Mayor: 5 shot dead in Central Texas neighborhood

Sep. 29, 2022 18:23 PM EDT

McGREGOR, Texas (AP) — Five people were shot dead in a Central Texas residential neighborhood Thursday, officials said. The incident happened at about 7:30 a.m. Thursday morning in McGregor, about 20 miles (32 kilometers) southwest of Waco. An armed man shot at police officers who...

NFL players tackle housing issues when joining teams

Sep. 27, 2022 14:11 PM EDT

NEW YORK (AP) — New playbooks, teammates and coaches are the focus during the day. Buying air mattresses, scanning house listings and securing short-term leases are tasks to tackle the rest of the time. Finding a home — on and off the field — can be an overwhelming chore for...

An estimated $20M more available for rental assistance

Sep. 23, 2022 13:45 PM EDT

MONTPELIER, Vt. (AP) — After announcing earlier this month that a pandemic-related emergency rental assistance program is being phased out as federal funding is exhausted, Vermont state officials now say they believe an estimated $20 million more is available to extend the benefits for some of...

Average US long-term mortgage rates climb to 6.29% this week

Sep. 22, 2022 14:55 PM EDT

WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2008 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy. Mortgage buyer Freddie Mac reported...

Projections lowered in latest Washington revenue forecast

Sep. 21, 2022 19:07 PM EDT

OLYMPIA, Wash. (AP) — Revenue projections for Washington state's current two-year budget period increased by about $43 million more than projected at the state's last quarterly update, but a series of factors — including slowing home sales due to high interest rates — led officials to lower...

How steep Fed rate hikes affect your finances

Sep. 21, 2022 14:08 PM EDT

NEW YORK (AP) — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though. As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is...

Airbnb hosts are sick of Airbnb, too

Sep. 21, 2022 14:08 PM EDT

Disgruntled Airbnb guests are taking to Twitter and TikTok to vent about everything from cleaning fees to misleading listings. But they aren’t the only ones with complaints: Airbnb hosts themselves have become increasingly disillusioned with the platform and its disrespectful guests. ...

Affordable housing plan to go before Seattle voters

Sep. 21, 2022 11:46 AM EDT

SEATTLE (AP) — Next year people in Seattle will decide whether the city should set up a public developer to create affordable housing. The Seattle Times reports the Seattle City Council unanimously passed a resolution Tuesday to allow King County Elections to put the proposed...

US home sales slipped, prices grew more slowly in August

Sep. 21, 2022 11:28 AM EDT

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market. The National Association of Realtors said Wednesday that...

McLean beats Foley in all-Irish US Mid-Amateur title match

Sep. 17, 2022 14:19 PM EDT

ERIN, Wis. (AP) — Matthew McClean won the rain-delayed U.S. Mid-Amateur on Saturday, building a 5-up lead and holding off close friend Hugh Foley in an all-Irish final at Erin Hills. The 36-hole championship match was split over two days because of rain earlier in the week. McClean...