real estate

Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
January 27, 2021 - 2:17 pm
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy has faltered in recent months. The Fed said in a statement after its latest policy meeting that...
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FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. U.S. home prices rose in April for the eighth straight month, even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April, the largest gain since December 2018, up from 3.9% in March. (AP Photo/Steven Senne, File)
January 26, 2021 - 6:05 am
WASHINGTON (AP) — U.S. home prices jumped in November at the fastest pace in more than six years, fueled by demand for more living space as Americans stick closer to home during the pandemic. Home prices soared 9.1% in November compared with 12 months ago, according to Tuesday’s report on the S...
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A "sale pending" sign is posted on.a home in Westfield, Ind., Friday, Sept. 25, 2020. Sales of new homes remained steady in October at a seasonally adjusted rate of 999,000 units. While the Commerce Department said October new home sales were down 0.3% from September, the government revised up its September figure marginally. (AP Photo/Michael Conroy)
January 22, 2021 - 7:17 am
WASHINGTON (AP) — Sales of existing homes rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few bright spots for a U.S. economy mired in a global pandemic. Rising sales in the final month of the year lifted activity to a seasonally adjusted...
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FILE - A "sold" sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. U.S. long-term mortgage rates slipped this week while remaining at record-low levels. Mortgage buyer Freddie Mac reports, Thursday, Jan. 21, 2021 that the average rate on the benchmark 30-year fixed-rate home loan eased to 2.77% from 2.79% last week. (AP Photo/Michael Conroy, File)
January 21, 2021 - 9:12 am
WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week while remaining at record-low levels. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan eased to 2.77% from 2.79% last week. By contrast, the rate stood at 3.60% a year...
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FILE - In this Aug. 8, 2009, file photo, actor-singer David Cassidy arrives at the ABC Disney Summer press tour party in Pasadena, Calif. A South Florida home that once belonged to the 1970's heartthrob has been sold for $2.6 million. Cassidy rose to fame as a teen idol who starred in "The Partridge Family." He died at age 67 in 2017. (AP Photo/Dan Steinberg, File)
January 13, 2021 - 7:15 am
FORT LAUDERDALE, Fla. (AP) — A Los Angeles-based real estate investor has purchased the six-bedroom South Florida home that belonged to the late teen idol David Cassidy, and hopes to give it a fresh look on television. Amy L. Raff and her husband, Abe Rotchel told the South Florida SunSentinel they...
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A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021. The year opens against the continuing backdrop of damage from the coronavirus pandemic on the U.S. and global economies, which suppressed home loan rates through most of 2020. (AP Photo/John Raoux)
January 07, 2021 - 8:25 am
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021. The year opens against the continuing backdrop of damage from the coronavirus pandemic on the U.S. and global economies, which suppressed home loan rates through most of 2020. Mortgage...
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Construction workers clear out debris from the demolition of the original building at TSX Broadway under construction, Thursday, Oct. 29, 2020, in New York's, Times Square. The 46-story mixed-use property will house 75,000 square feet of retail space, a a 4,000-square-foot performance venue including an outdoor stage, an outdoor food and beverage terrace and a luxury hotel. U.S. construction spending rose 0.3% in September, the fourth straight monthly gain after a coronavirus-caused spring swoon. (AP Photo/Mary Altaffer)
January 04, 2021 - 7:29 am
WASHINGTON (AP) — Spending on U.S. construction projects increased 0.9% in November as strength in home building offset weakness in other parts of the construction industry. The November gain followed a bigger 1.6% rise in October and left construction spending up 4.4% through the first 11 months...
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FILE - In this Sept. 29, 2020 file photo, a sale pending sign is displayed outside a residential home for sale in East Derry, N.H. The number of Americans signing contracts to buy homes fell for the second straight month as lack of available homes continue to stifle house hunters. The National Association of Realtors said Monday, Nov. 30 that its index of pending sales fell 1.1%, to 128.9 in October, down from a reading of 130.3 in September. (AP Photo/Charles Krupa, File)
December 30, 2020 - 7:00 am
SILVER SPRING, Md. (AP) — The number of Americans who signed contracts to buy homes declined last month, but was still a record high for November when a seasonal slowdown traditionally seeps into the real estate market. The National Association of Realtors said Wednesday that its index of pending...
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FILE - On March 18, 2020, model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa. U.S. home prices grew more slowly in May 2020, but continued to show resilience in the face of the coronavirus outbreak. (AP Photo/Keith Srakocic, File)
December 29, 2020 - 6:10 am
WASHINGTON (AP) — U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows. That combination of strong demand and limited supply pushed home prices up 7.9% in October compared with 12...
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December 22, 2020 - 7:47 am
CHARLOTTE, N.C. (AP) — The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, after climbing through the late spring, summer and early fall despite the pandemic. Existing home sales fell 2.5% between October and November on a seasonally...
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