Latest Real estate services News

Franchot announces Monique Anderson-Walker as running mate

Oct. 27, 2021 10:48 AM EDT

ANNAPOLIS, Md. (AP) — Comptroller Peter Franchot announced Wednesday that Prince George's County Councilwoman Monique Anderson-Walker will be his running mate in his bid to become governor of Maryland. Anderson-Walker has served on the council since 2018, representing...

Pace of home sales slows in Maine, but prices still surge

Oct. 21, 2021 14:42 PM EDT

PORTLAND, Maine (AP) — The pace of home sales slowed slightly in Maine last month, but home prices continued an upward surge. Sales decreased by a little less than 10% in September, but prices went up nearly 17%, the Maine Association of Realtors said. Buyers are...

Existing home sales surge as interest rates point higher

Oct. 21, 2021 11:50 AM EDT

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said Thursday that existing homes sales rose 7%...

Struggling Chinese developer calls off $2.6B asset sale

Oct. 21, 2021 00:40 AM EDT

BEIJING (AP) — A major Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt rattled financial markets says it has called off the sale of a $2.6 billion stake in a subsidiary and has made no progress in selling other assets. ...

Rhode Island single-family home sales slow in 3rd quarter

Oct. 20, 2021 10:32 AM EDT

WARWICK, R.I. (AP) — The median price of a single-family home in Rhode Island continued to rise in the third quarter, even though the number of sales slowed down, the Rhode Island Association of Realtors said Wednesday. The median price of single-family homes sold in...

Maui hotel workers will need to apply for jobs after sale

Oct. 19, 2021 17:06 PM EDT

WAILUKU, Hawaii (AP) — Employees of the Royal Lahaina Resort on Maui will have to apply for jobs once new operators of the hotel take over later this year. BlackSand Capital, a Hawaii real estate investment firm led by Honolulu developer B.J. Kobayashi, said last week...

This Week: Tesla earns, US home sales, AmEx earns

Oct. 18, 2021 01:14 AM EDT

A look at some of the key business events and economic indicators upcoming this week: CHARGED UP Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict the electric vehicle maker will report Wednesday...

Law to help mobile home owners buy their parks hits snags

Oct. 16, 2021 10:20 AM EDT

DENVER (AP) — When Joyce Tanner first heard this spring that the Golden mobile home park she’d lived in for the past decade would be for sale, she wasted no time getting organized. The resident of Golden Hills Mobile Home Park went door to door with flyers, informing...

California developer acquires Tahoe Biltmore for $56.8M

Oct. 12, 2021 15:15 PM EDT

CRYSTAL BAY, Nev. (AP) — A California developer has acquired the 75-year-old Tahoe Biltmore Lodge & Casino at Crystal Bay along the California-Nevada line on the north shore of Lake Tahoe for $56.8 million. The Newport Beach-based real estate firm EKN Development...

Maui median home price below $1M as homebuyers hit pause

Oct. 11, 2021 16:46 PM EDT

WAILUKU, Hawaii (AP) — The median sales price of a single-family home in Maui County dropped below $1 million last month as people priced out of the market have chosen to pause their home buying. The Maui News reported Monday the median sales...