Latest Home buying News

High lumber prices affect Delaware home construction

Jul. 25, 2021 09:08 AM EDT

DOVER, Del. (AP) — The price of lumber in the United States skyrocketed in early May, when lumber cost as much as $1,700 per thousand board feet. However, Kolby Dukes, a manager at Dukes Lumber Co. in Laurel, is hopeful for decreased pricing in the fall and more...

Owner seeks to restore Nellie Jackson house

Jul. 25, 2021 00:12 AM EDT

NATCHEZ, Miss. (AP) — A sign recently appeared in front of the infamous Nellie Jackson’s house — a former bordello on the corner of N. Rankin and Monroe streets — alluding to its eventual restoration and opening as a tourist attraction. J.T. Robinson, the house...

Homeownership study asks, 'Who owns the Twin Cities?"

Jul. 24, 2021 01:11 AM EDT

MINNEAPOLIS (AP) — A new study found that between 2005 and 2020, the percentage of single family rentals increased by over 10% in North Minneapolis, Southeast Como and parts of St. Paul, with Southeast Como’s rentals changing due, in part, to an aging homeowner population and localized...

South Dakota housing frenzy has some worried about crash

Jul. 24, 2021 01:02 AM EDT

SIOUX FALLS, S.D. (AP) — Real estate and home sales are setting records in Sioux Falls and across the country. From cash offers to low mortgage rates to hundreds more real estate agents hoping to jump in the market and help buyers compete for homes, right now might feel...

Yellen outlines to Congress emergency measures on debt limit

Jul. 23, 2021 23:21 PM EDT

WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a default would cause “irreparable harm to the U.S. economy and the...

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...

Existing US home sales up in June; prices reach new heights

Jul. 22, 2021 11:11 AM EDT

Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs. Existing homes sales rose 1.4% last month from May to a...

US home construction jumps 6.3% in June

Jul. 20, 2021 09:07 AM EDT

SILVER SPRING, Md. (AP) — Home construction in the U.S. jumped 6.3% in June, another big swing in a volatile year. The rise in June put home construction at a seasonally adjusted annual rate of 1.64 million units, the Commerce Department reported Tuesday. ...

Blue Origin brings space tourism to tiny Texas town

Jul. 19, 2021 17:19 PM EDT

VAN HORN, Texas (AP) — For years, the official letterhead for the small town of Van Horn, tucked neatly among the foothills of the Guadalupe Mountains, read simply: “Farming, ranching, mining.” And while there is still some farming and ranching in this far West...

Circles program is leading SC residents out of poverty

Jul. 18, 2021 00:08 AM EDT

GREENVILLE, S.C. (AP) — At one time, LeAundrea Robinson could sum up the story of her life situation in three words: “broke, broken and homeless.” Circles Greenville County helped change the narrative by giving her a support system that helped lift her out of her...