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Tight supply of new homes puts damper on June sales

WASHINGTON – Fewer Americans bought new homes in June, a possible sign that the real estate market is cooling down after months of hot sales. The Commerce Department said Friday t...

DATE: Jul 25, 2015 | CATEGORY: Business

Home Depot offers $1.6B for supply company

CHICAGO – Home Depot, the largest home-improvement retailer, agreed to buy Interline Brands for about $1.63 billion in cash to bolster its offerings for professional contractors. ...

DATE: Jul 25, 2015 | CATEGORY: Business

Has the Durango housing market recovered?

Median hits $440,000; number sold hits a peak, as well

DATE: Jul 25, 2015 | CATEGORY: Local News

Changes coming to real estate transactions

Major changes to the way real estate transactions are conducted will be instituted, possibly as early as Aug. 1. Transactions involving a mortgage will require new disclosure forms created ...

DATE: Jul 18, 2015 | CATEGORY: Business

Rental market is changing across U.S.

WASHINGTON – The majority of American households still own their homes, a fact that will remain true as far into the future as demographers and economists can see. But the balance of homeown...

DATE: Jul 18, 2015 | CATEGORY: Business

Reformers target mortgage deduction

WASHINGTON – Republican presidential candidates are pushing a simpler, cheaper tax system. “We should make it so that for the majority of Americans, it should take 15 minutes to d...

DATE: Jul 18, 2015 | CATEGORY: Business

Moving is a lot easier with right furnishings

Call them the “turtle” generation, carrying their belongings with them. Millennials – those born between the early 1980s and the early 2000s, approximately – are a mobile generati...

DATE: Jul 18, 2015 | CATEGORY: Business

Live in a Porsche? Designer labels draw Miami home buyers

SUNNY ISLES BEACH, Florida – The wow factor for Miami’s skyscraper condos no longer comes from a dazzling Atlantic Ocean view. It takes something more audacious to sell beachfront...

DATE: Jul 18, 2015 | CATEGORY: Business

Apartments fueling U.S. housing market

WASHINGTON – U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renter...

DATE: Jul 17, 2015 | CATEGORY: Business

Long-awaited rules aim to strengthen housing act

CHICAGO – When the Fair Housing Act was passed in 1968, it barred the outright racial discrimination that was then routine. It also required the government to go one step further: to activel...

DATE: Jul 11, 2015 | CATEGORY: Business

Condo prices in Queens soar to record $575,339

NEW YORK – Condominium prices in New York’s Queens jumped to a record in the second quarter as soaring values in Manhattan sent buyers fanning out across the city’s boroughs in search of pro...

DATE: Jul 11, 2015 | CATEGORY: Business

How to price your home for a successful sale

A few tips can help homeowners price their homes for a successful sale. First, analyze past sales in your neighborhood and check out similar homes in other neighborhoods. ...

DATE: Jul 11, 2015 | CATEGORY: Business

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