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Real Estate

2014 foreclosures drop to pre-recession levels

LOS ANGELES – A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust. The decline is the latest evidenc...

DATE: Jan 14, 2015 | CATEGORY: Business

Young home buyers return as economy grows

After Damien and Tina Bucci were approved for a mortgage in 2012, they decided they couldn’t afford the biggest purchase of their lives without greater confidence in the U.S. economy. Next m...

DATE: Jan 10, 2015 | CATEGORY: Business

JPMorgan to pay $500M to settle mortgage lawsuit

NEW YORK – JPMorgan Chase reached a preliminary settlement to pay $500 million to resolve a lawsuit over $17.6 billion of faulty mortgage-backed securities issued by Bear Stearns, according ...

DATE: Jan 10, 2015 | CATEGORY: Business

2015 forecast: Busy builders, uncertainty on home prices

La Plata County in 2014 largely saw a continuation of trends that began in 2013. Building bounced back in a big way. Real estate transactions plateaued, while home prices rose. Foreclosures ...

DATE: Jan 10, 2015 | CATEGORY: Business

Home prices rise, but demand weak

WASHINGTON – U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. Prices increased 5.5 percent ...

DATE: Jan 10, 2015 | CATEGORY: Business

Bust will hurt housing in oil-producing states

WASHINGTON – The oil boom that lifted home prices in Texas, Oklahoma and Louisiana is coming to an end. Crude oil prices have crashed since June, falling by more than 54 percent t...

DATE: Jan 10, 2015 | CATEGORY: Business

Obama pushes homeownership steps in once hard-hit Arizona

PHOENIX – Standing at the epicenter of the nation’s recent housing crisis, President Barack Obama on Thursday promoted plans to lower some mortgage insurance premiums, a move the White House...

DATE: Jan 8, 2015 | CATEGORY: Nation & World

Oil price fall could slow growth in some booming U.S. cities

SEATTLE – The drop in oil prices to five-year lows, while helping consumers, is sparking concern that leasing and construction demand will be hurt in some of North America’s best-performing ...

DATE: Jan 3, 2015 | CATEGORY: Business

Pending home sales climb in November

WASHINGTON – The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers. The National Associ...

DATE: Jan 3, 2015 | CATEGORY: Business

Understanding the broker relationship

Despite all of the articles written lately, one of the most misunderstood aspects of the real estate industry is agency. A brief history may help. Before 1994, all real estate bro...

DATE: Jan 3, 2015 | CATEGORY: On Real Estate

Commercial real estate sales saw uptick in county in 2014

15 deals total nearly $3 million

DATE: Jan 3, 2015 | CATEGORY: Business

U.S. real estate recovery suffers setback

WASHINGTON – The residential real estate recovery is best described as plodding, with the industry taking a step back in November for the first time in three months. Housing start...

DATE: Dec 27, 2014 | CATEGORY: Business

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