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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 ...

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...

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...

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...

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...

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...

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...

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...

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. ...

Rising rents aren’t just a problem in big cities

WASHINGTON – Home rental prices are climbing across much of the United States – with the biggest gains coming not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine...

Fruity, summery colors perk up décor

Deep, juicy shades can work all year

Homeownership rate expected to keep falling

WASHINGTON – The homeownership rate in the U.S. has been tumbling since the height of the housing boom. Fewer people own their homes – because foreclosures claimed them or because the housin...