Author – The Durango Herald

Student debt traps parents and their kids

WASHINGTON – A college degree practically stamped Andres Aguirre’s ticket to the middle class. Yet at age 40, he’s still paying the price of admission. After a decade of repayment...

DATE: Oct 6, 2015 | CATEGORY: Education

U.S. pending home sales fall in August

WASHINGTON – Fewer Americans signed contracts to buy homes in August, as pending sales slumped amid broader concerns about the U.S. stock market and global economy. The National A...

DATE: Sep 28, 2015 | CATEGORY: Business

U.S. rental home prices rise at slower pace in August

WASHINGTON – U.S. home rents rose at a slower pace in August, a downshift that may reflect the rise of apartment construction in many major cities. Median rents rose a seasonally ...

DATE: Sep 22, 2015 | CATEGORY: Business

U.S. homebuilding slows in August after hot streak

WASHINGTON – Builders broke ground on fewer houses and apartment complexes in August, a possible sign that the housing market may be levelling off after accelerating for much of the year. ...

DATE: Sep 19, 2015 | CATEGORY: Business

U.S. construction spending reaches highest level in 7 years

WASHINGTON – U.S. construction spending in July climbed to its highest level in more than seven years, boosted by an increase in the building of houses, factories and power plants. ...

DATE: Sep 5, 2015 | CATEGORY: Business

U.S. new-home sales jump 5.4 percent in July

WASHINGTON – Americans stepped up their purchases of new homes in July, with sales surging in the Northeast. The Commerce Department said new-home sales rose 5.4 percent last mont...

DATE: Aug 29, 2015 | CATEGORY: Business

Why Americans waiting longer than ever to buy first homes

WASHINGTON – Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes. The typical first-timer now rents for six years b...

DATE: Aug 29, 2015 | CATEGORY: Business

Single-family housing starts soar in July

WASHINGTON – U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007. Housing starts in July rose 0.2 perce...

DATE: Aug 22, 2015 | CATEGORY: Business

U.S. homebuilder sentiment improves in August

WASHINGTON – U.S. homebuilders grew slightly more optimistic about the housing market in August, putting their confidence at levels last seen a decade ago during the debt-fueled housing boom...

DATE: Aug 17, 2015 | CATEGORY: Business

U.S. economy added 215,000 jobs in July; unemployment 5.3 percent

WASHINGTON – U.S. employers added a solid 215,000 jobs in July, signaling a steadily rising job market and likely nudging the Federal Reserve closer to raising interest rates in September. ...

DATE: Aug 7, 2015 | CATEGORY: Nation & World

Pending home sales index falls in June

WASHINGTON – The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth. The National Association ...

DATE: Aug 1, 2015 | CATEGORY: Business

Rental prices rise 4.3 percent in June

WASHINGTON – U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. ...