Latest Home buying News

Wearing masks amid concerns of the spread of COVID-19, volunteers Karen Cooperstein, right, and Edwin Chinchilla, left, prepare food for the pubic during a drive through food pantry distribution by Catholic Charities in Dallas, Thursday, July 2, 2020. (AP Photo/LM Otero)

US unemployment falls to 11%, but new shutdowns are underway

Jul. 2, 2020 4:28 PM EDT

WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the jobless rate...

FILE - This May 22, 2020 file photo shows a sold sign in front of a house in Brighton, N.Y. Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday, July 2 that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week’s 3.13%. (AP Photo/Ted Shaffrey, File)

US long-term mortgage rates hit all-time low again

Jul. 2, 2020 11:00 AM EDT

SILVER SPRING, Md. (AP) — Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week's 3.13%. For the second...

Residents wearing masks to curb the spread of the coronavirus line up for COVID-19 test outside the Worker's Stadium in Beijing on Tuesday, June 30, 2020. Test sites have sprung up through the Chinese capital as test have become a daily normal after the latest outbreak of the coronavirus, (AP Photo/Ng Han Guan)

The Latest: SKorea weighs listing churches as 'high risk'

Jun. 30, 2020 9:58 PM EDT

SEOUL, South Korea -- South Korea is considering including religious facilities on the same list with nightclubs, hostess bars and karaoke rooms as “high risk” venues for the spread of COVID-19 following a slew of transmissions tied to church gatherings. South Korean Prime Minister Chung Sye-kyun...

FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. U.S. home prices rose in April for the eighth straight month, even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April, the largest gain since December 2018, up from 3.9% in March. (AP Photo/Steven Senne, File)

US home prices increase 4% in April

Jun. 30, 2020 10:13 AM EDT

WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April compared with a year earlier, the largest gain since...

An employee of Centogene looks out of a laboratory container at the airport in Frankfurt, Germany, Monday, June 29, 2020. In the future, people will be able to be tested for the corona virus within a few hours at Germany's first

Domino's expands delivery options, home buying moves online

Jun. 29, 2020 7:39 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the virus. ________________________ FOOD SERVICE: — Domino's Pizza is now offering carside...

Elismarie Cruz, manager at Sarkis restaurant, wears a mask as a precaution against COVID-19 while standing in the middle of an improvised food delivery station, in Canovanas, Puerto Rico, Thursday, May 21, 2020. Puerto Rico is cautiously reopening beaches, restaurants, churches, malls, and hair salons under strict conditions as the U.S. territory emerges from a two-month lockdown despite dozens of new coronavirus cases reported daily. (AP Photo/Carlos Giusti) PUERTO RICO OUT-NO PUBLICAR EN PUERTO RICO

Top Puerto Rico officials under scrutiny for COVID-19 kits

Jun. 29, 2020 6:21 PM EDT

SAN JUAN, Puerto Rico (AP) — A group of legislators probing the failed government purchase of $38 million worth of COVID-19 testing kits referred the names of 11 people including top public officials to the FBI and other agencies on Monday for further investigation. The report issued by the health...

FILE - In this June 20, 2018, file photo, an

US pending home sales see record-breaking rebound in May

Jun. 29, 2020 10:53 AM EDT

SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both buyers and sellers. The National Association of Realtors said Monday that its index...

In this photo taken Tuesday, June 23, 2020, people gather at the J.C. Nichols fountain in Kansas City, Mo. The city's board of parks and recreation is considering a proposal to remove the J.C. Nichols name from the fountain and a nearby street as they address racial concerns about the influential local developer. Nichols developed some of the area's most desirable neighborhoods as well as the city's County Club Plaza shopping district in the early 1900's but excluded Blacks, Jews and other minorities using deed restrictions on his properties. (AP Photo/Charlie Riedel)

Protests spark move to rename iconic Kansas City fountain

Jun. 25, 2020 11:42 AM EDT

KANSAS CITY, Mo. (AP) — Decades after influential developer J.C. Nichols kept Blacks, Jews and other minorities out of subdivisions he built that transformed the Kansas City region, protests over the death of George Floyd might lead to his name being removed from one of the city's most iconic sites. The...

Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home.  (AP Photo/Keith Srakocic)

Existing home sale plunge 9.7% in 3rd straight monthly drop

Jun. 22, 2020 10:34 AM EDT

WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally...

FILE - In this March 22, 2020, file photo Vice President Mike Pence speaks alongside President Donald Trump during a coronavirus task force briefing at the White House in Washington. Pence says the U.S. response to the coronavirus pandemic is “a cause for celebration,” but a new poll finds more than half of Americans calling it fair or poor.  (AP Photo/Patrick Semansky, File)

Poll: Americans not buying White House spin on coronavirus

Jun. 18, 2020 1:32 AM EDT

WASHINGTON (AP) — Vice President Mike Pence says the U.S. response to the coronavirus pandemic is “a cause for celebration,” but a new poll finds more than half of Americans calling it fair or poor. The Gallup and West Health survey out Thursday found that 57% of U.S. adults rated the...