Thursday, March 30, 2017

Real Estate

In this Tuesday, June 9, 2015, file photo, a "Sold" sign is displayed in the yard of a newly-constructed home in the Briar Chapel community in Chapel Hill, N. Carolina. (AP Photo/Gerry Broome, File)

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, marking new highs for the year. An increase in a key interest rate is expected by the Federal Reserve next ...
In this July 2, 2009, file photo, workers standby at the train station at Neverland Ranch in Los Olivos, Calif. Michael Jackson's former home has been renamed Sycamore Valley Ranch. (AP Photo/Carolyn Kaster, File)

LOS OLIVOS, Calif. (AP) — Michael Jackson’s Neverland Ranch is back on the market with an asking price of $67 million. The 2,700-acre property near Santa Barbara, California, has been ...
This Wednesday, July 27, 2016, file photo shows a home under contract at a new home community in Edmond, Oklahoma. (AP Photo/Sue Ogrocki, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Fewer Americans signed contracts to purchase homes last month as rising prices, higher mortgage rates and a dwindling supply of available homes appeared ...
This Wednesday, May 25, 2016, file photo shows a new home under construction in Phoenix. (AP Photo/Matt York, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher ...
This Dec. 7, 2016 file photo shows a house for sale, in Hialeah, Florida. (AP Photo/Alan Diaz, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding ...
This Thursday, Jan. 26, 2017 photo shows an 85-foot infinity swimming pool at a $250 million mansion in the Bel-Air area of Los Angeles. (AP Photo/Jae C. Hong)

BY AMANDA LEE MYERS LOS ANGELES (AP) — At $250 million, a new mega mansion in the exclusive Bel Air neighborhood of Los Angeles is the most expensive home listed ...
This Tuesday, Dec. 6, 2016, photo shows a house for sale in Coral Gables, Fla. (AP Photo/Alan Diaz)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — U.S. home prices marched steadily higher in November, pushed up by healthy demand for homes and a shrinking supply of available properties. The ...
This Tuesday, May 24, 2016, photo shows a "Sale Pending" sign in front of a house in North Andover, Mass. (AP Photo/Elise Amendola)

BY JOSH BOAK WASHINGTON (AP) — More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been ...
This Tuesday, Feb. 16, 2016, photo shows new townhouses under construction, in Houston. On Thursday, Jan. 26, 2017, the Commerce Department reports on sales of new homes in December 2016. (AP Photo/Pat Sullivan)

BY JOSH BOAK WASHINGTON (AP) — Americans pulled back sharply from buying new homes in December, but sales for all of 2016 were the highest since 2007. The Commerce Department ...
In this April 8, 2015, file photo, customers walk into Howard Johnson's Restaurant in Lake George, New York. (AP Photo/Mike Groll, File)

LAKE GEORGE, N.Y. (AP) — The site of the last Howard Johnson’s restaurant in the United States is up for sale. Property owner Joe DeSantis confirms Wednesday that the parcel ...
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