Latest Real estate services News

FILE - In this April 27, 2020 file photo shows a sale pending sign on a home in Mount Lebanon, Pa   The National Association of Realtors releases its April report on pending home sales, which are seen as a barometer of future purchases on Thursday, May 28.(AP Photo/Gene J. Puskar, File)

Pending home sales plunged 21.8% in April on a monthly basis

May. 28, 2020 10:06 AM EDT

BALTIMORE (AP) — April had a record collapse in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the coronavirus outbreak. The National Association of Realtors said Thursday that its pending home sales index plunged 21.8% from the prior...

FILE - In this Oct. 25, 2017, file photo, Sao Paulo Mayor Joao Doria looks on during a news conference, after inspecting the Interlagos racetrack in Sao Paulo, Brazil. “We’re fighting against the coronavirus and against the ‘Bolsonarovirus,’” Doria said in an interview with The Associated Press on Wednesday, April 15, 2020, adding that the president has adopted “incorrect, irresponsible positions” and ignored health authorities’ recommendations by glad-handing with supporters in the streets. (AP Photo/Andre Penner, File)

Brazil's most populous state eyes reopening business in June

May. 27, 2020 7:47 PM EDT

SAO PAULO (AP) — Sao Paulo state, the epicenter of the coronavirus outbreak in Brazil, will reopen some of its closed businesses starting June 1 despite a fast growing number of confirmed COVID-19 cases. Gov. João Doria said Wednesday that stay-at-home recommendations will remain in effect until June...

FILE- In this June 8, 2018, file photo a for sale sign stands in front of a house, in Jenkintown, Pa.  U.S. home prices accelerated in March 2020 even though sales plummeted, as those Americans still buying bid for a sharply diminished supply of homes. (AP Photo/Matt Rourke, File)

US home price gains quickened in March as sales plunged

May. 26, 2020 10:04 AM EDT

WASHINGTON (AP) — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.9% in March, the largest gain in more than a year, up...

Anna Wines, 3, of Bath, Maine, helps carry American flags while her family places new flags next to the gravestone of each veteran at Riverside Cemetery in Lewiston, Maine, Thursday, May 21, 2020. Volunteers will place nearly 7,500 new flags near veterans' graves at the 13 cemeteries across Lewiston, Maine, by Memorial Day. (Daryn Slover/Sun Journal via AP)

Maine governor calls for courage in fighting 'unseen' killer

May. 22, 2020 9:32 PM EDT

AUGUSTA, Maine (AP) — Maine Gov. Janet Mills ordered flags lowered to half-staff Friday as she expressed appreciation for the state’s military veterans — and invoked their courage in the state’s current battle against an unseen enemy. The governor spoke about Mainers who served in past...

President Donald Trump speaks as he tours Ford's Rawsonville Components Plant that has been converted to making personal protection and medical equipment, Thursday, May 21, 2020, in Ypsilanti, Mich. (AP Photo/Alex Brandon)

What you need to know today about the virus outbreak

May. 21, 2020 4:51 PM EDT

Pandemic politics shadowed President Donald Trump’s trip to Michigan to highlight lifesaving medical devices, with the president and officials from the electoral battleground state clashing over federal aid, mail-in ballots and face masks. The president did not wear a face covering Thursday despite a...

FILE- In this Jan. 4, 2019, file photo a sign hangs outside a house for sale in Pittsburgh's Lawrenceville neighborhood.  On Thursday, May 21, 2020, Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark 30-year home loan stayed below 3.30% for the fourth straight week.(AP Photo/Keith Srakocic, File)

US long-term mortgage rates ease; 30-year at 3.24%

May. 21, 2020 1:06 PM EDT

WASHINGTON (AP) — Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark 30-year home loan stayed below 3.30% for the fourth straight week. Mortgage buyer Freddie Mac reported...

This April 16, 2020 photo shows a real estate company sign that marks a home for sale in Harmony, Pa.  U.S. new home sales plunged 15.4% in March as the lockdowns that began in the middle of the month began to rattle the housing market.
The Commerce Department reported Thursday, April 23,  that sales of new single-family homes dropped to a seasonally ajdjusted annual rate of 627,000 last month after sales had fallen 4.6% in February.  (AP Photo/Keith Srakocic)

US existing home sales plunge 17.8% in April

May. 21, 2020 11:07 AM EDT

WASHINGTON (AP) — Sales of existing homes plunged 17.8% in April with the real estate market still in the grips of the coronavirus pandemic. The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest...

Maureen Salley, of Forty Fort, Pa., waves to motorists as she walks along Wyoming Avenue in Forty Fort, Pa., dressed like the Easter Bunny, Wednesday, April 8, 2020. With Easter approaching during the coronavirus pandemic where most of the country is under some form of lockdown, Salley said,

Real estate business activity to resume across Pennsylvania

May. 19, 2020 4:35 PM EDT

HARRISBURG, Pa. (AP) — Real estate sales and related activity can resume across Pennsylvania if guidelines designed to limit infection are followed, Gov. Tom Wolf announced Tuesday. The governor’s new guidance says people in the real estate industry can get back to work as long as they all wear...

Report: New Mexico saw 13.9% drop in home sales in April

May. 19, 2020 12:15 AM EDT

SANTA FE, N.M. (AP) — New Mexico saw a 13.9% drop in the number of homes sold in April compared with the same month last year. The Santa Fe New Mexican reports New Mexico Association of Realtors said the dip came as Santa Fe County bore the brunt of home sale declines across the state. The group says Santa...

This Week: Walmart, Deere results, existing home sales

May. 18, 2020 1:10 AM EDT

A look at some of the key business events and economic indicators upcoming this week: COVID-19 WINDFALL? Walmart serves up its first-quarter results Tuesday. Analysts predict the retail giant will report flat earnings for the February-April period versus a year earlier and higher revenue. Americans flocked to...