Real Estate

FILE- In this Nov. 28, 2018, file photo a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Dec. 13, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
December 13, 2018 - 11:43 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market. Continued steep declines in the stock market pushed home borrowing rates lower, although they remain much higher than a...
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The Real Estate Show
December 07, 2018 - 12:28 pm
Real Estate Show 12-1-18. Mike Jones with Ameris Bank Mortgage talks end of year taxes with Paul Hintze and Tom Porter of ProActive Tax & Accounting in Jonesville.
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FILE- In this June 20, 2018, file photo, an "Under Contract" sign is displayed in front of home for sale in Raymond, N.H. On Thursday, Nov. 29, the Standard & Poor's/Case-Shiller 20-city home price index for September is released. (AP Photo/Charles Krupa, File)
November 29, 2018 - 10:03 am
WASHINGTON (AP) — Pending home sales sank in October, as higher mortgage rates have worsened the affordability of home ownership and dampened enthusiasm among would-be buyers. The National Association of Realtors says that its pending home sales index fell 2.6 percent last month to 102.1. The index...
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FILE- In this April 23, 2018, file photo advertising signs point out completed new homes, homes under construction as well as lots for new homes in Glen Allen, Va. On Wednesday, Nov. 28, the Commerce Department reports on sales of new homes in October. (AP Photo/Steve Helber, File)
November 28, 2018 - 11:12 am
WASHINGTON (AP) — Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month...
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November 27, 2018 - 9:05 am
WASHINGTON (AP) — U.S. home prices increased more slowly in September from a year ago as higher mortgage rates weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index rose 5.1 percent from a year earlier. That's down from a 5.5 percent yearly gain in the previous month. It was...
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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 Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Wednesday, Nov. 21, the National Association of Realtors reports on sales of existing homes in October. (AP Photo/David Zalubowski, File)
November 21, 2018 - 10:02 am
WASHINGTON (AP) — U.S. home sales rose in October, breaking a six-month losing streak. But sales are still down from a year ago, hurt by rising interest rates. The National Association of Realtors says that sales of existing homes climbed 1.4 percent to a seasonally adjusted annual rate of 5.22...
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FILE- In this July 23, 2018, file photo a construction worker puts down roofing paper on a new home as he works outside in Houston. On Tuesday, Nov. 20, the Commerce Department reports on U.S. home construction in October. (AP Photo/David J. Phillip, File)
November 20, 2018 - 9:46 am
WASHINGTON (AP) — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in...
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FILE- In this Thursday, Nov. 8, 2018, file photo, specialist Dilip Patel, left, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Nov. 15. (AP Photo/Richard Drew, File)
November 15, 2018 - 3:57 pm
U.S. stocks recovered from an early slide Thursday, placing the market on course to break a five-day losing streak. Gains in technology companies, banks and industrial stocks outweighed losses among big retailers, homebuilders and utilities. Energy stocks rose along with crude oil. European indexes...
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FILE- In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 15, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
November 15, 2018 - 11:42 am
WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent...
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