TheRepublic.com - Real estate News

US new home sales up 2.3 percent in April

Thu, 23 May 2013 12:25:09 -0400

WASHINGTON - U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.

Lenovo says quarterly profit up 90 percent

Thu, 23 May 2013 02:55:12 -0400

BEIJING - Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.

Oregon House votes to extend foreclosure mediation

Wed, 22 May 2013 19:47:13 -0400

SALEM, Oregon - The Oregon House has voted to extend a requirement that some mortgage lenders meet with struggling borrowers and a professional mediator before initiating foreclosure proceedings.

Stocks fall on news Fed weighed cutting stimulus

Wed, 22 May 2013 18:12:22 -0400

NEW YORK - The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon.

Maine home sales jump 14 percent in April

Wed, 22 May 2013 15:37:33 -0400

SOUTH PORTLAND, Maine - Sales of existing single-family homes in Maine jumped 14 percent in April compared to a year earlier, and the median sales price increased 4 percent, the Maine Association of Realtors said Wednesday.

Stocks rise on Fed stimulus hopes, home sales

Wed, 22 May 2013 11:49:18 -0400

NEW YORK - Stocks are moving higher after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs.

US home sales tick up to highest in 3 ½ years

Wed, 22 May 2013 11:10:09 -0400

WASHINGTON - Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.

Stan Musial's home up for sale

Wed, 22 May 2013 09:41:28 -0400

LADUE, Missouri - The longtime home of St. Louis Cardinals great Stan Musial is on the market, but the price isn't cheap.

RI homeowners get $150M to date in mortgage relief

Tue, 21 May 2013 15:07:04 -0400

PROVIDENCE, Rhode Island - Rhode Island's attorney general says nearly 2,100 homeowners in the state have received a total of $150 million in relief through the national mortgage settlement but that banks have more to do to comply with the settlement's terms.

Wisconsin home sales increase 9 percent in April

Tue, 21 May 2013 10:03:03 -0400

MILWAUKEE - Housing sales increased 9 percent last month, continuing a rebound that now includes 22 consecutive months of growth.

Real estate investors sentenced in Ala. fraud case

Mon, 20 May 2013 21:10:48 -0400

MONTGOMERY, Alabama - Two real estate investors have been sentenced to nearly two years in prison for bid rigging at public foreclosure auctions and mail fraud.

More wealthy Chinese buy Seattle-area real estate

Sun, 19 May 2013 15:51:43 -0400

HUNTS POINT, Washington - Real estate agent Joseph Ho climbed the gilded staircase of a Hunts Point mansion listed for almost $5?million, shooting video on his iPad and narrating in Chinese.

Baton Rouge homes sales jump 28 percent in April

Fri, 17 May 2013 10:13:28 -0400

BATON ROUGE, Louisiana - The number of homes sold in the Baton Rouge metro area rose 28 percent in April.

Experts: Ariz. Jobs, home prices slowly rebounding

Thu, 16 May 2013 19:41:43 -0400

PHOENIX - Job growth and home prices are slowly rebounding, but the state has a long way to go and automatic federal budget cuts aren't helping, some of Arizona's top business experts said Thursday.

US rate on 30-year mortgage rises to 3.51 pct.

Thu, 16 May 2013 17:41:17 -0400

WASHINGTON - Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.

US housing starts fell in April but permits surged

Thu, 16 May 2013 09:40:04 -0400

WASHINGTON - U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.

US housing starts fell in April but permits surged

Thu, 16 May 2013 09:34:04 -0400

Nevada new home permits, foreclosure starts go up

Thu, 16 May 2013 04:35:11 -0400

LAS VEGAS - Help appears to be on the way for buyers locked in bidding wars for Nevada homes.

California home prices hit nearly 5-year high

Wed, 15 May 2013 20:52:12 -0400

SAN DIEGO - California home prices neared a five-year high in April as sales picked up for mid- to high-end properties, a research firm said Wednesday.

Obama's assets worth between $1.8M and $6.8M

Wed, 15 May 2013 19:27:18 -0400

WASHINGTON - President Barack Obama and first lady Michelle Obama held assets last year that were worth between $1.8 million and nearly $7 million, according to federal financial disclosure forms the White House released Wednesday.

US homebuilder confidence rises in May from April

Wed, 15 May 2013 11:31:09 -0400

Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.

Southern California home sales surge in April

Tue, 14 May 2013 13:43:37 -0400

SAN DIEGO - Southern California home prices neared a five-year high in April as sales accelerated in more expensive markets, a research firm said Tuesday.

Mass. AG Coakley unveils anti-foreclosure program

Sun, 12 May 2013 12:53:14 -0400

BOSTON - Attorney General Martha Coakley is announcing a new initiative to help Massachusetts cities and towns with high rates of distressed and vacant properties cope with the recent foreclosure crisis.

Father and son arrested at LAX on fraud charges

Fri, 10 May 2013 22:52:06 -0400

LOS ANGELES - Authorities have arrested a father and son who are wanted for fraud just as they were about to board a plane from Los Angeles to Moscow.

Homebuilders can't find enough qualified workers

Fri, 10 May 2013 00:08:59 -0400

U.S. builders and the subcontractors they depend on are struggling to hire fast enough to meet rising demand for new homes.