Home buying

home buying
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November 28, 2018 - 5:54 pm
A new report on the housing market claims 2019 is expected to be a particularly difficult year for buyers and sellers.
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FILE- In this Oct. 24, 2017, file photo, vehicles travel along State Street, the main thoroughfare through town, as seen from the Bicentennial Tower in Erie, Pa. Each quarter, NerdWallet calculates home affordability for 172 metropolitan areas for which the National Association of Realtors publishes home prices. NerdWallet narrowed its focus this quarter to 87 medium-size metros with populations between 250,000 and 1 million. Erie ranked in the top five most affordable medium-size metro areas in the third quarter. (AP Photo/John Minchillo, File)
November 22, 2018 - 11:36 am
Big coastal cities have some of the highest house prices in the country. In comparison, medium-size cities are often relative bargains. But not always. Each quarter, NerdWallet calculates home affordability for 172 metropolitan areas for which the National Association of Realtors publishes home...
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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 - 12:23 pm
WASHINGTON (AP) — Homebuilders took a beating Thursday as rising interest rates and home prices discourage potential buyers. Mortgage buyer Freddie Mac said Thursday that the average rates on 30-year, fixed rate mortgages hit 4.94 percent, a 7-year high. The average rate a year ago was 3.9 percent...
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November 02, 2018 - 7:05 am
LOS ANGELES (AP) — Marcia, Marcia, Marcia was in the house. Six cast members of "The Brady Bunch" gathered Thursday in Los Angeles at the home that was featured in the opening and closing of the sitcom. HGTV purchased the home in the Studio City neighborhood in Los Angeles for its new series, "A...
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October 25, 2018 - 10:00 am
WASHINGTON (AP) — Pending home sales rose slightly in September, but contract signings are depressed from a year ago as affordability has become a greater challenge for would-be buyers. The National Association of Realtors says that its pending home sales index increased 0.5 percent last month to...
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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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Annette Gray, left, from Valley Stream, N.Y., buys lottery tickets Friday Oct. 19, 2018, in New York. The estimated jackpot for Friday's Mega Millions drawing has soared to $1 billion. Gray said it's about "a dollar and a dream, but I spent ten today". (AP Photo/Bebeto Matthews)
October 22, 2018 - 8:08 am
CHICAGO (AP) — With the Mega Millions lottery jackpot at a record $1.6 billion, people are snapping up tickets across the U.S. The Powerball jackpot also has climbed. It's up to an estimated $620 million for Wednesday's drawing. That would make it the fifth-largest jackpot in U.S. history. But much...
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FILE- In this Aug. 30, 2018, file photo a sale signs stand outside a home on the market in Denver. On Friday, Oct. 19, the National Association of Realtors reports on sales of existing homes in September. (AP Photo/David Zalubowski, File)
October 19, 2018 - 10:20 am
WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally...
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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 - 7:02 am
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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October 10, 2018 - 10:30 am
LONDON (AP) — A woman from Azerbaijan who spent 16 million pounds ($21 million) on jewelry, wine and other goods 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...
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