Real Estate

Latest

  • Average US rate on 30-year mortgage drops to 3.75 percent

    WASHINGTON (AP) — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday that the national average…

  • Indians sell out home opener in 11 minutes

    GOODYEAR, Ariz. (AP) — The Indians sold out their April 10 home opener against Detroit in 11 minutes. The team said Tuesday that Progressive Field, which has been remodeled this winter, will again be packed…

  • How Millennials are Transforming the Homebuying Process

    For decades, the telephone has been the real estate agent’s tool of the trade. But a new wave of younger homebuyers is changing the way agents use those phones. Millennials, those born between 1980 and…

  • Millennials expectations shifting real estate, home buying process

    WASHINGTON — The Millennial generation, those born between 1980 and the late 1990s, are overtaking baby boomers buying the most homes.  The real estate website Zillow predicts that Millennials will, for the first time, buy…

  • Update on the latest business

    FINANCIAL MARKETS Stock market slips after weaker than expected growth in US NEW YORK (AP) — U.S. stock indexes are drifting mostly lower in midday trading, but are still on track to end the month…

  • Signed contracts to buy US homes rise to 18-month high

    WASHINGTON (AP) — The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.…

  • House from ‘The Godfather’ for sale

    WASHINGTON — A house made famous by the film, “The Godfather,” may be an offer you can’t refuse. The Academy Award-winning movie was filmed in many New York locations, including a 1930 Tudor that was the home of Vito…

  • Travel agent ordered to sell house to repay victims of theft

    WOODBURY, N.J. (AP) — A former travel agent from New Jersey has been ordered to sell his house and car to pay restitution to 20 customers who paid him for a Mediterranean cruise that never…

  • Perfect timing: Baked & Wired sister store gets go ahead for buildout

    A short permit rundown on this snowy Thursday. Let’s get to it. 440 K St. NW: How about this for timing, on this first day of legal pot in the District. Interior construction of a…

  • Are ‘pot-friendly’ D.C. condos, apts. on the way?

    WASHINGTON — The legalization of pot for home use in D.C. has the Apartment and Office Building Association of Metropolitan Washington doing outreach to landlords over how to deal with the changes. Nicola Whiteman, senior…

  • Business Highlights

    ___ TJ Maxx, Marshalls to follow Wal-Mart in raising pay NEW YORK (AP) — The owner of T.J. Maxx, Marshalls and HomeGoods stores became the latest retailer to boost pay for its U.S. workers, putting…

  • US new home sales nudge down in January

    WASHINGTON (AP) — Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market. The Commerce Department says…

  • US new home sales fall slightly in January

    WASHINGTON (AP) — Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market. The Commerce Department said…

  • Update on the latest business

    FINANCIAL MARKETS Asian stocks mostly up, cheered by US Fed chair remarks TOKYO (AP) — Asian stocks were mostly higher today, cheered by diminished prospects that U.S. interest rates would be raised soon. On Wall…

  • Business Highlights

    ___ Used cars often sold with unfixed defects, despite recalls DETROIT (AP) — More than 46 million cars and trucks on the road in the U.S. — about one-fifth of the total — were recalled…