Home selling

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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October 31, 2018 - 11:24 am
BLOOMFIELD TOWNSHIP, Mich. (AP) — The suburban Detroit home of the late "Queen of Soul" is for sale. Aretha Franklin's 4,148-square-foot (385-square-meter) brick Colonial-style house in Bloomfield Township is listed for $800,000 . It offers five bedrooms, seven bathrooms and access to the gated...
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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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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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October 18, 2018 - 10:14 am
HAILEY, Idaho (AP) — Actor Bruce Willis has sold his 20-acre (8-hectare) ranch in central Idaho for $5.5 million. KTVB-TV reports in a story on Wednesday that's far below the original asking price of $15 million when the home was put up for sale in 2011. Travis Jones is a listing agent with Engel...
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FILE- In this Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Tuesday, Sept. 25, the Standard & Poor's/Case-Shiller 20-city home price index for July is released. (AP Photo/David Zalubowski, File)
September 25, 2018 - 9:37 am
WASHINGTON (AP) — U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers. The S&P CoreLogic Case-Shiller 20-city home price index increased 5.9 percent in July compared with a year...
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FILE- In this July 31, 2018, file photo, a sign shows a house sold in North Andover, Mass. On Thursday, Sept. 20, the National Association of Realtors reports on sales of existing homes in August. (AP Photo/Elise Amendola, File)
September 20, 2018 - 10:00 am
WASHINGTON (AP) — U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market. The National Association of Realtors says homes sold last month at...
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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 - 10:13 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 said Wednesday that its pending home sales index fell 0.7 percent last month...
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File - In this May 25, 2018, file photo, Bishop Patrick McGrath blesses and dedicates the new Holy Cross Church in San Jose, Calif. The Catholic Diocese of San Jose has purchased a five-bedroom, $2.3 million home in Silicon Valley for its retiring bishop, which is raising some concerns among the diocese's 640,000 Catholics, given the church's mission of charity and serving the poor. (Karl Mondon/Bay Area News Group via AP, File)
August 28, 2018 - 4:14 pm
SAN JOSE, Calif. (AP) — The bishop for the Catholic Diocese of San Jose has reversed course and said he will not live in a $2.3 million Silicon Valley home that the diocese bought for his retirement. Bishop Patrick J. McGrath acknowledged he "erred in judgment" and said he plans instead to live in...
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