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Home prices in U.S. rose 5.5 percent

WASHINGTON – Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October. The Standard & Poor’s/Case-Shiller 20-city home price inde...

Apartment construction is up, but they being built for the wealthy

Last year in America, the median asking rent for a newly built apartment was an astonishing $1,372 a month. That’s about 50 percent more than the typical rent nationwide. It marked a dramati...

U.S. home prices rise in October, housing agency says

U.S. home prices surpassed their 2007 peak in October as the improving job market stirred competition for a dwindling inventory of listings, a Federal Housing Finance Agency index showed. ...

Energy, weather and the outdoors driving custom home designs in Durango

Area builders share trends

U.S. new-home sales rose in November after weak October

WASHINGTON – Americans appear less inclined to buy new homes as the year ends. Sales improved in November only because fewer people bought new homes in October than initially reported. ...

U.S. existing home sales tank in November

WASHINGTON – Home sales plunged sharply in November, as buyers faced rising prices and new regulations that might have delayed some closings. The National Association of Realtors ...

More than half of U.S. renters older than 40, study says

WASHINGTON – The majority of U.S. renters are now older than 40, a fundamental shift over the past decade that reflects the lasting damage of the housing crash and an aging population. ...

Daughter fights to stay in her home

Reverse mortgages can cause problems for children

November home construction recovers

WASHINGTON – A big jump in apartment construction in the Midwest and South boosted the pace of homebuilding in November, marking a solid bounce back after tumbling in October. Construction o...

Fort Lewis College professor sees little impact from rate hike

It’s doubtful most consumers will see an effect from the Federal Reserve’s quarter-point federal funds rate hike on the interest rates they pay, said Robert “Tino” Sonora, an economics profe...

Homebuilder sentiment slips in December

U.S. homebuilders are feeling slightly less confident about their sales prospects in coming months, though they remain positive overall that the housing market will continue to improve next ...

Why wait ’til spring?

Real estate agents say winter is as good a time as any to sell