Thursday, April 27, 2017

Real Estate

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 ...
This Wednesday, Jan. 18, 2017, photo shows a home for sale in Mount Lebanon, Pa. Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999, according to information released Tuesday, Jan. 24, 2017, by the National Association of Realtors. (AP Photo/Gene J. Puskar)

BY JOSH BOAK WASHINGTON (AP) — Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National ...
naples pier

It’s starting to look like buyers are going to have the edge when it comes to buying a home in Naples in 2017. Inventories are up 34 percent, and average ...
This Wednesday, May 25, 2016, file photo shows a new home under construction in Phoenix. (AP Photo/Matt York, File)

BY ALEX VEIGA U.S. homebuilders are feeling slightly less confident this month about their sales prospects, a pullback from December when builders’ confidence reached the highest level in 11 years. ...
This Tuesday, Dec. 6, 2016, photo, shows a house for sale in Coral Gables, Florida. (AP Photo/Alan Diaz)

WASHINGTON (AP) — Long-term US mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate ...
In this July 13, 2008, file photo, shows the Freddie Mac headquarters in McLean, Va. (AP Photo/Pablo Martinez Monsivais, File)

WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to ...
In this Dec. 6, 2016 file photo, a house is for sale in Coral Gables, Fla. (AP Photo/Alan Diaz)

BY ALEX VEIGA Nate Lowenstein has been shopping for a home in Los Angeles, on and off, for more than a year. His search has been stymied by a stubbornly ...

BY MARTIN CRUTSINGER WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a ...
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