Latest Residential real estate News
5.1-magnitude quake hits North Carolina; no damage reported
SPARTA, N.C. (AP) — The most powerful earthquake to hit North Carolina in more than 100 years shook much of the state early Sunday, rattling homes, businesses and residents. The National Weather Service in Greenville said the 5.1-magnitude temblor struck at 8:07 a.m., following a much smaller quake...
Program allows some Alaska Native Vietnam vets to get land
ANCHORAGE, Alaska (AP) — Stewy Carlo had a short life, but he lived every moment. While serving in the Army, he bought a 1951 Mercedes and motored around Europe. After his service years, he roamed South America where he developed a love of photography, and then later turned heads while driving an exotic...
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned. The United States added 1.8 million jobs in July, a...
No set guidelines for calling off US Open if COVID outbreak
A player testing positive for COVID-19 will be dropped from the U.S. Open, but the U.S. Tennis Association has not established how many infected participants would force the Grand Slam tournament to be called off. According to a 10½-page “Player Q&A Update” sent out this week by the USTA,...
Man pleads guilty to threatening to shoot Black renters
WASHINGTON (AP) — A North Carolina man who threatened to shoot a Black family in 2014 for renting a home pleaded guilty Thursday to violating the Fair Housing Act, federal prosecutors said. Douglas Matthew Gurkins, 34, entered his plea in federal court in the Eastern District of North Carolina, the U.S....
US average mortgage rates fall; 30-year loan at 2.88%
WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan dropped to 2.88% from 2.99% last week. It was the lowest level...
Clayton Homes co-founder dies in Tennessee helicopter crash
KNOXVILLE, Tenn. (AP) — A co-founder of Clayton Homes, a national home-building company, was killed when a helicopter crashed into the Tennessee River, relatives said Tuesday. Three others escaped the wreckage and were rescued by a pontoon boat that was on the river near Knoxville on Monday night,...
Google buys $450M stake in ADT to give Nest a new perch
SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet's most powerful companies to extend the reach of its Nest cameras and voice-activated voice assistant. As...
US construction spending declines 0.7% in June
SILVER SPRING, Md. (AP) — U.S. construction spending fell again in June, the fourth straight decline as the coronavirus outbreak continues to wreak havoc on the economy. Spending on U.S. construction projects fell 0.7% in June as both home building and nonresidential activity declined, the Commerce...
Rent's due, again: Monthly anxieties deepen as aid falls off
Another month passes. The coronavirus pandemic marches on. And Americans struggling amid the economic fallout once again have to worry as their next rent checks come due Aug. 1. Many left jobless by the crisis are already behind on payments. And the arrival of August brings new anxieties. A supplemental $600 in...
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