Latest Real estate services News

Boston's famous Skinny House sells for a nice fat price

Sep. 17, 2021 11:22 AM EDT

BOSTON (AP) — Boston's famous Skinny House has sold for a nice fat price. The home in the city's North End hit the market in August for $1.2 million, and the deal was closed Thursday for $1.25 million, according to Zillow. The home “received...

Boeing sells land for $200M in plan to shrink holdings

Sep. 17, 2021 10:47 AM EDT

SEATTLE (AP) — Boeing has closed the sale of 310 acres of undeveloped land next to its Frederickson manufacturing plant in Pierce County for $200 million, real estate tax filings show. The deal finalized this week is the latest as part of a large-scale local property...

3 minimum-wage jobs needed to make rent in Tampa Bay area

Sep. 12, 2021 03:13 AM EDT

Rent increases across Tampa Bay this year aren’t just breaking records. They’re obliterating them. As of late August, asking rents for apartments have increased since the beginning of the year by 21.7 percent, according to data from CoStar Group, a real estate data...

Shortages of supplies and workers will delay Gulf rebuilding

Sep. 06, 2021 10:05 AM EDT

Joe Sobol, owner of Big Easy Construction in New Orleans, has bad news for homeowners who've been calling about roofs damaged by Hurricane Ida or to get an update on renovations that were scheduled before the storm ripped through the area. The job will cost a lot more...

Homebuyers squeezed out of Las Vegas market head for Pahrump

Aug. 29, 2021 13:14 PM EDT

PAHRUMP, Nev. (AP) — When Teresa Washington was house hunting in the Las Vegas area this spring, she kept striking out at buying a place, no matter how much money she offered. She looked at about 20 homes, and even when she tried to pay $10,000 over the asking price,...

Georgia beach town orders pause to new vacation rentals

Aug. 28, 2021 12:00 PM EDT

TYBEE ISLAND, Ga. (AP) — City officials overseeing Georgia’s largest public beach have ordered a three-month pause on homeowners registering their properties as vacation rentals. The Tybee Island city council on Thursday approved a 90-day moratorium on permitting new...

Real estate employees could face felony charges

Aug. 26, 2021 13:24 PM EDT

GAINESVILLE, Fla. (AP) — Employees of a prominent Gainesville commercial real estate firm whose offices were stormed by an armed SWAT team this summer could face felony charges after a criminal investigation said they bilked their former employer out of a cache of confidential documents and...

The secret bias hidden in mortgage-approval algorithms

Aug. 25, 2021 18:03 PM EDT

The new four-bedroom house in Charlotte, North Carolina, was Crystal Marie and Eskias McDaniels’ personal American dream, the reason they had moved to this Southern town from pricey Los Angeles a few years ago. A lush, long lawn, 2,700 square feet of living space, a...

Home sales slow slightly in Maine, but prices rise again

Aug. 23, 2021 14:44 PM EDT

PORTLAND, Maine (AP) — Home sales slowed somewhat in Maine in July, though prices rose again and the pace of sales remained higher than they were before the coronavirus pandemic. The Maine Association of Realtors said on Monday that home sales decreased by about 5% from...

Existing home sales rose in July, inventory ticked higher

Aug. 23, 2021 11:21 AM EDT

Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago, suggesting the red-hot housing market may be cooling a little. Existing homes sales rose 2% last month from June to a seasonally-adjusted annual...