Home buying

FILE- In this July 23, 2018, file photo a construction worker puts down roofing paper on a new home as he works outside in Houston. On Tuesday, Nov. 20, the Commerce Department reports on U.S. home construction in October. (AP Photo/David J. Phillip, File)
November 20, 2018 - 9:46 am
WASHINGTON (AP) — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in...
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FILE - In this May 7, 2009 file photo, homes built by D.R. Horton Inc. are shown in Cahndler, Ariz. Major homebuilders are taking a beating on Wall Street as rising interest rates and home prices continue to keep potential buyers on the sidelines. Shares in leading U.S. homebuilder D.R. Horton have fallen more than 8 percent in Thursday, Nov. 8, 2018, morning trading while others in the sector saw declines between 4 percent and 6 percent. (AP Photo/Ross D. Franklin, File)
November 08, 2018 - 11:15 am
WASHINGTON (AP) — The beating for homebuilders is continuing as rising interest rates and home prices keep potential buyers on the sidelines. Mortgage buyer Freddie Mac said Thursday that the average rates on 30-year, fixed rate mortgages hit a 7-year high. Also Thursday, D.R. Horton said home...
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FILE- In this July 23, 2018, file photo construction workers put down roofing paper on home in Houston. General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its quarterly report on home remodeling. (AP Photo/David J. Phillip, File)
October 22, 2018 - 11:21 am
NEW YORK (AP) — General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its...
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In this Tuesday, Sept. 4, 2018, photo, sprinklers run as a farmworker walks through a broccoli field in Salinas, Calif. Like many California cities, Salinas, dubbed the "Salad Bowl of the World" because the surrounding farmland produces most of the lettuce on Earth, suffers from a lack of available affordable housing and space to build more. Housing prices have exploded, with the median cost of a home now $549,000, according to Zillow. (AP Photo/Jae C. Hong)
October 18, 2018 - 12:37 pm
SALINAS, Calif. (AP) — Middle-school English teacher Maryam Powers doesn't take vacations. To earn additional money, she picks up an extra period of teaching when she can and mentors new hires. But to afford the mortgage on a $330,000 three-bedroom home she purchased in Salinas in 2015, Powers...
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In this Sept. 21, 2018 photo shows a sign for a home for sale in Jackson, Miss. On Thursday, Oct. 18, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
October 18, 2018 - 12:36 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates. Home borrowing rates remain at their highest levels in more than seven years, with the key 30-year rate approaching 5 percent. Mortgage buyer...
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October 10, 2018 - 9:39 am
LONDON (AP) — A woman from Azerbaijan who spent 16 million pounds ($21 million) at luxury London department store Harrods over the course of a decade has become the first target of a British power to seize money from people suspected of getting their wealth through corruption. A court has ordered...
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FILE- In this June 27, 2018, file photo, a for sale sign is seen in front of a home for sale in Waukee, Iowa. On Thursday, Sept. 26, The Commerce Department reports on sales of new homes in August. (AP Photo/Charlie Neibergall, File)
September 26, 2018 - 10:20 am
WASHINGTON (AP) — Sales of new U.S. homes climbed 3.5 percent in August, snapping a two-month decline as buying surged in the pricey Northeast and West housing markets. The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of 629,000 last month...
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FILE - In this Sept. 21, 2018, file photo, Donatella Versace comes on the catwalk at the end of Versace's women's 2019 Spring-Summer collection, unveiled during the Fashion Week in Milan, Italy. Michael Kors is buying the Italian fashion house Gianni Versace in a deal worth more than $2 billion in a hard charge into the world of high end fashion. The deal announced Tuesday, Sept. 25, follows the New York handbag maker’s $1.35 billion acquisition last year of the high-end shoemaker Jimmy Choo. (AP Photo/Antonio Calanni, File)
September 25, 2018 - 11:18 am
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion. The deal Tuesday comes just 14 months after the New York handbag maker spent $1.35 billion adding to its...
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In this Aug. 21, 2018 photo, a home is under agreement in Stoneham, Mass. On Wednesday, Aug. 29, the National Association of Realtors releases its July report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Elise Amendola)
August 29, 2018 - 10:01 am
WASHINGTON (AP) — Fewer Americans signed contracts in July to buy homes in July compared to the previous month, as real estate sales are slipping even though economic growth is solid. The National Association of Realtors says that its pending home sales index fell 0.7 percent last month to 106.2...
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August 29, 2018 - 7:52 am
FALLS, Pa. (AP) — Authorities say a hit-and-run driver was under the influence of heroin when he struck and killed an elderly man outside a Pennsylvania ice cream shop earlier this month. Anthony Woods is charged with murder, homicide by vehicle, reckless driving and failing to render aid...
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