Home buying

In this Tuesday, Sept. 4, 2018, photo, sprinklers run as a farmworker walks through a broccoli field in Salinas, Calif. Like many California cities, Salinas, dubbed the "Salad Bowl of the World" because the surrounding farmland produces most of the lettuce on Earth, suffers from a lack of available affordable housing and space to build more. Housing prices have exploded, with the median cost of a home now $549,000, according to Zillow. (AP Photo/Jae C. Hong)
October 18, 2018 - 12:37 pm
SALINAS, Calif. (AP) — Middle-school English teacher Maryam Powers doesn't take vacations. To earn additional money, she picks up an extra period of teaching when she can and mentors new hires. But to afford the mortgage on a $330,000 three-bedroom home she purchased in Salinas in 2015, Powers...
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In this Sept. 21, 2018 photo shows a sign for a home for sale in Jackson, Miss. On Thursday, Oct. 18, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
October 18, 2018 - 12:36 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates. Home borrowing rates remain at their highest levels in more than seven years, with the key 30-year rate approaching 5 percent. Mortgage buyer...
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October 10, 2018 - 9:39 am
LONDON (AP) — A woman from Azerbaijan who spent 16 million pounds ($21 million) at luxury London department store Harrods over the course of a decade has become the first target of a British power to seize money from people suspected of getting their wealth through corruption. A court has ordered...
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FILE- In this June 27, 2018, file photo, a for sale sign is seen in front of a home for sale in Waukee, Iowa. On Thursday, Sept. 26, The Commerce Department reports on sales of new homes in August. (AP Photo/Charlie Neibergall, File)
September 26, 2018 - 10:20 am
WASHINGTON (AP) — Sales of new U.S. homes climbed 3.5 percent in August, snapping a two-month decline as buying surged in the pricey Northeast and West housing markets. The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of 629,000 last month...
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September 25, 2018 - 7:23 am
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Gianni Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion. The deal announced Tuesday follows the New York handbag maker's $1.35 billion acquisition last...
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In this Aug. 21, 2018 photo, a home is under agreement in Stoneham, Mass. On Wednesday, Aug. 29, the National Association of Realtors releases its July report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Elise Amendola)
August 29, 2018 - 10:01 am
WASHINGTON (AP) — Fewer Americans signed contracts in July to buy homes in July compared to the previous month, as real estate sales are slipping even though economic growth is solid. The National Association of Realtors says that its pending home sales index fell 0.7 percent last month to 106.2...
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FILE- In this June 8, 2018, file photo a for sale sign stands in front of a house, in Jenkintown, Pa. On Tuesday, Aug. 28, the Standard & Poor's/Case-Shiller 20-city home price index for June is released. (AP Photo/Matt Rourke, File)
August 28, 2018 - 9:21 am
WASHINGTON (AP) — U.S home prices climbed 6.3 percent in June from a year earlier, as affordability is becoming a greater obstacle for would-be buyers. The S&P CoreLogic Case-Shiller 20-city home price index rose at a slightly slower pace than the 6.5 percent annual gain in May from a year...
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August 26, 2018 - 11:35 am
TYBEE ISLAND, Ga. (AP) — The island that's home to Georgia's largest public beach is setting aside $300,000 to buy sandbags the next time a hurricane or other big storm threatens the coast. WTOC-TV reports the city council on Tybee Island approved keeping the money in reserve until an emergency is...
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In this Tuesday, Aug. 21, 2018 photo, a home has a sold sign in North Reading, Mass. On Wednesday, Aug. 22, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Elise Amendola)
August 22, 2018 - 11:10 am
WASHINGTON (AP) — U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market shows signs of cooling. The National Association of Realtors said Wednesday that homes sold last month at a...
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FILE - In this June 13, 2018 file photo, Hawaii lawmakers applaud after Gov. David Ige, who is running for a second term in office, signed legislation in Honolulu. Ige faces a stiff challenge in the Democratic primary on Saturday, Aug. 11, 2018, from U.S. Rep. Colleen Hanabusa, who is giving up her seat in Congress to block him from a second term. (AP Photo/Audrey McAvoy, File)
August 09, 2018 - 6:47 pm
HONOLULU (AP) — Hawaii Gov. David Ige wants voters to look at his four years of accomplishments, including his handling of the Big Island's erupting volcano, as reasons to give him a second term. But U.S. Rep. Colleen Hanabusa, his main opponent in Saturday's Democratic primary in the heavily blue...
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