Latest Home selling News

US average mortgage rates dip for 4th week; 30-year at 2.78%

Jul. 22, 2021 13:58 PM EDT

WASHINGTON (AP) — Mortgage rates fell for the fourth straight week, undercut by worries that the surging delta coronavirus variant and the worsening pandemic in hotspots around the world could derail what has been a strong economic recovery. Mortgage buyer Freddie Mac...

Prices for Maine homes jumped again last month

Jul. 22, 2021 13:14 PM EDT

PORTLAND, Maine (AP) — The pace and price of home sales in Maine increased again last month as the state's housing market stayed hot. The Maine Association of Realtors said Thursday the statewide median sales price increased by $5,000 to $310,000 in June. The number of...

Taylor Morrison Home CEO Sheryl Palmer talks homebuilding

Jul. 19, 2021 09:43 AM EDT

LOS ANGELES (AP) — Low mortgage rates and a severe shortage of previously occupied U.S. homes on the market have helped stoke demand for new homes this year, but supply chain problems and rising costs for building materials and labor have been a drag on the industry. ...

This Week: Coca-Cola earns, US home sales, AmEx earns

Jul. 19, 2021 09:12 AM EDT

A look at some of the key business events and economic indicators upcoming this week: DRINK THIS Wall Street expects another solid quarterly report card from Coca-Cola. Analysts predict the beverage company’s second-quarter...

More homes for sale in Rhode Island but market is still hot

Jul. 15, 2021 10:58 AM EDT

PROVIDENCE, R.I. (AP) — The median house price in Rhode Island is up 25% from what it was a year ago but slightly more houses are available for sale now than there were in May. The median sales price for a single-family home reached a record high of $385,000 in June,...

Single-family home sale prices hit record high on Oahu

Jul. 07, 2021 16:03 PM EDT

HONOLULU (AP) — The median sale price for single-family homes on Oahu hit another record high in June, the fifth time that's happened in the last six months. The Honolulu Board of Realtors released a report Tuesday that said the median price for single-family homes...

Carville and Matalin buy New Orleans condo; had sold mansion

Jul. 04, 2021 10:25 AM EDT

NEW ORLEANS (AP) — Bipartisan power couple James Carville and Mary Matalin have replaced the New Orleans mansion that they sold for $3.3 million with a condo. They like the fact that it’s on one floor and is less than half the size of their former house, Carville...

Spokane-Coeur d'Alene housing market booming, prices rising

Jul. 03, 2021 11:05 AM EDT

SPOKANE, Wash. (AP) — The way Darin Watkins sees it, the real estate boom in the once-sleepy Spokane, Washington, metropolitan area is a numbers problem. Far too many people are moving in, far too few homes are being built and prices have skyrocketed. Half of renters in...

3D printed house shows potential affordable housing solution

Jul. 03, 2021 09:07 AM EDT

RICHMOND, Va. (AP) — A revolutionary way to build homes is coming to Virginia that could be a potential solution to constructing more affordable houses. You might have heard of a 3D printer making small, plastic items for doll furniture and models, but 3D printers can...

US home prices jump at fastest pace in more than 15 years

Jun. 29, 2021 09:51 AM EDT

WASHINGTON (AP) — U.S. home prices soared in April at the fastest pace since 2005 as potential buyers bid up prices on a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, jumped nearly 15% in April...