Thursday, September 21, 2017

Real Estate

In this Thursday, June 1, 2017, photo, builders work on the roof of a home under construction at a housing plan in Jackson Township, Butler County, Pa.

BY ALEX VEIGA U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts following hurricanes Harvey and Irma will drive up costs for construction labor ...
In this Aug. 25, 1992, file photo, rows of damaged houses sit between Homestead and Florida City, Fla., after Hurricane Andrew struck.

BY JENNIFER KAY MIAMI (AP) — After a catastrophic Hurricane Andrew revealed how lax building codes had become in the country’s most storm-prone state, Florida began requiring sturdier construction. Now, ...
In this Thursday, Nov. 19, 2015, file photo, Rachael Ray speaks at the Pennsylvania Conference for Women in Philadelphia. Ray listed her home in the Hamptons for sale for nearly $5 million.

SOUTHAMPTON, N.Y. (AP) — Author and Emmy-winning celebrity cook Rachael Ray has listed her home in the Hamptons for sale for nearly $5 million. Newsday (http://nwsdy.li/2wKvQGX ) reports the 49-year-old ...
This June 7, 2017 file photo shows Peggy Wallace walking near her flooded neighborhood in Davie, Fla.

BY TERRY SPENCER and MEGHAN HOYER FORT LAUDERDALE, Fla. (AP) — As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across ...
In this March 6, 2017, file photo, a mortgage rate graph is displayed on a computer in North Andover, Mass.

WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week. It was the fifth straight weekly decline for the benchmark 30-year rate, which again reached a new low for the ...
This Monday, July 10, 2017, file photo shows a house for sale, in North Andover, Mass. On Tuesday, Aug. 29, 2017, the Standard & Poor's/Case-Shiller 20-city home price index for June is released.

BY JOSH BOAK WASHINGTON (AP) — U.S. home prices climbed higher in June with gains that are eclipsing income growth — creating affordability pressures for would-be buyers. The Standard & ...
This Monday, July 10, 2017, file photo shows a house for sale, in North Andover, Mass.

WASHINGTON (AP) — The benchmark 30-year mortgage rate is at new low for the year, touching its lowest level since last November. Mortgage buyer Freddie Mac said Thursday the rate ...
This Tuesday, Jan. 26, 2016, file photo shows an existing home for sale in Valrico, Fla.

BY JOSH BOAK WASHINGTON (AP) — Americans retreated from buying homes in July as sales sank to their lowest level of the year. The National Association of Realtors said Thursday ...
In this Wednesday, March 1, 2017, photo, new home construction is underway in a housing plan in Zelienople, Pa.

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Sales of new U.S. homes plummeted 9.4 percent in July, the sharpest one-month drop in nearly a year. But the decline followed strong ...
In this Tuesday, Oct. 18, 2016 file photo, construction of a timeshare resort goes on around the townhouse of Julieta Corredor in Orlando, Fla.

BY MIKE SCHNEIDER ORLANDO, Fla. (AP) — There’s a new twist in the standoff between an octogenarian widow in Florida who refused to sell her townhome and the giant developer ...
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