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Real Estate

US new-home sales climb to 8-month high in March

WASHINGTON (AP) — U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a positive sign for the broader economy. The Commerce Department said Tuesday that ...

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Home sale agreements nationwide are falling apart

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Spending months to find the perfect home in your price range, only to have your mortgage application rejected, or a home inspection turn up expensive repairs, is a nightmare — one that is coming true with increasing frequency, according to ...

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Real Estate Insider: Commercial property management takes skill and sensitivity

By TIM REID and TAMMY COX Commercial property management is not for the faint of heart. Good property managers must have several skillsets. They are part construction manager, part accountant, part engineer, part psychiatrist, part interior designer and part landscape ...

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Westmar Plaza’s renovation draws primary care practice

UR Medicine Primary Care’s Gates Medical Associates practice has relocated to Westmar Plaza, with expanded office space for its medical services and improved access for patients with limited mobility. The move was announced by the Brookhill Group, which owns Westmar ...

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Zillow: Higher rates, prices to slow 2016 housing market

Deteriorating housing affordability nationwide will put a damper on home buying next year, according to a report from Zillow. Rising rents won’t let up and will continue to set new records, Zillow predicts, as 2016 will bring the least affordable ...

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Average rate on 30-year mortgages slips to 3.93 percent

WASHINGTON — Average long-term U.S. mortgage rates edged lower this week for a third straight week. Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage slipped to 3.93 percent from 3.95 percent a week earlier. ...

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Suit: Landlords pushing out seniors, disabled

— Inspired by his own experience living in a New York City apartment building that was converted into high-priced condos, a 71-year-old former state regulator is taking on developers citywide on behalf of seniors and disabled tenants. Walter Goldsmith claims ...

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Home values point to sharp wealth divide within US cities

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It’s still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist — basically, the crowd from “Cheers” — to live as neighbors. That finding by the real estate brokerage Redfin makes the capital of Massachusetts a ...

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New-home sales rebound in October

WASHINGTON — Sales of new homes recovered in October after suffering a steep drop in September, returning to this year’s trend of an improving market for real estate developers and builders. The Commerce Department said Wednesday that new-home sales climbed ...

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5 neighborhoods to pay for extra security

BATON ROUGE, La. — Residents in five East Baton Rouge Parish neighborhoods voted this month to tax themselves to pay for additional police protection. The Baton Rouge Advocate reported the Nov. 21 vote on the fee, which will cost property owners $50 ...

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