Real Estate News
Latest
-
Hamburg sells off former houses for refugees
BERLIN (AP) — Authorities in Hamburg are selling off 50 little wooden houses used to house newcomers at the height of the influx of refugees and other migrants to Germany. The boxy houses, 28 square…
2 hours ago -
Georgia company sues R. Kelly over damage to rental homes
ATLANTA (AP) — An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over “extensive damage” to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in…
6 hours ago -
A glance at US mortgage rates
Long-term U.S. mortgage rates declined this week for the second straight week. This week Last week Year ago 30-year fixed 4.53 4.59 3.89 15-year fixed 4.01 4.05 3.16 5-year adjustable 3.87 3.90 3.16
19 hours ago -
Average US mortgage rates fall; 30-year at 4.53 percent
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week for the second straight week, with relatively lower rates continuing to fail to spark home sales. Mortgage buyer Freddie Mac said Thursday the average rate…
20 hours ago -
Fox 5 makes Bethesda move official
WTTG and WDCA-TV will occupy 59,172-square-feet at 7272 Wisconsin Ave. in downtown Bethesda in The Wilson, a 360,000-square-foot, 23-story office tower currently under construction.
20 hours ago -
July housing starts up a slight 0.9 percent as tariffs bite
WASHINGTON (AP) — U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders. The Commerce Department said Thursday that housing starts last month rose…
21 hours ago -
Small sign of shift away from a seller’s market, but maybe not in DC
Zillow reports 15.4 percent of listings in the D.C.-area in June had a price cut from the original list price, down from 16 percent a year earlier. In the Washington market, the average reduction from original listing price was just 2.5 percent.
23 hours ago -
US housing starts ticked up just 0.9 percent in July, a sign that higher costs might be weighing on homebuilders
WASHINGTON (AP) — US housing starts ticked up just 0.9 percent in July, a sign that higher costs might be weighing on homebuilders.
23 hours ago -
Police: People living in storage units had beds, curtains
BOSTON (AP) — Boston officials say they’ve shut down a storage facility where people were living illegally in rented units, some with beds, curtains and coolers. The Inspectional Services Department, police, health department workers and…
2 days ago -
DC office vacancy rises, fueling landlord concessions
The office vacancy rate across the metro area jumped to 14.7 percent last quarter.
2 days ago -
Egypt razes historical Cairo district, angering residents
CAIRO (AP) — Egyptian authorities are demolishing a historical 19th century neighborhood in Cairo to make way for high-end housing and business development a stone’s throw from the Nile, angering residents who say they have…
2 days ago -
New Zealand bans most foreigners from buying homes
WELLINGTON, New Zealand (AP) — New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. Previously the housing market was open to investors worldwide, but the government on…
2 days ago -
Police chief: No known motive in doctor’s slaying
BEACHWOOD, Ohio (AP) — Police are trying to determine a motive in an Ohio doctor’s slaying that was followed by his two sons killing themselves during a standoff with SWAT officers. Beachwood Police Chief Gary…
3 days ago -
Royal Bank of Scotland fined $4.9B for housing bubble role
Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis.…
3 days ago -
Why 250K new houses in DC area have been no-shows
New home construction has not recovered from the housing market crisis and Great Recession, and that lack of building shows up starkly in data compiled by real estate firm Zillow.
3 days ago
