Home buying

FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July. (AP Photo/Steve Helber, File)
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August 23, 2019 - 10:46 am
WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply revised upward rate of 728...
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In this Friday, Aug. 16, 2019, photo for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Wednesday, Aug. 21, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Steve Helber)
August 21, 2019 - 10:56 am
WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a seasonally adjusted annualized rate of 5.42 million units, up from 5.29 million in June...
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August 16, 2019 - 5:43 pm
WEST PALM BEACH, Fla. (AP) — A New York couple's luxurious vacation house in Florida has been taken over by dozens of black vultures that are vomiting and defecating everywhere. The Palm Beach Post reports the Casimano family can't even visit the $702,000 home they purchased earlier this year in...
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FILE - In this Thursday, Aug. 15, 2019 file photo, Secretary of State Mike Pompeo speaks to media during a news conference with Lebanese Prime Minister Saad Hariri at the State Department in Washington. Even though Pompeo has declared a Senate run to be "off the table" next year, many fellow Republicans in Washington and his home state of Kansas aren't buying it. (AP Photo/Carolyn Kaster, File)
August 16, 2019 - 2:55 pm
TOPEKA, Kan. (AP) — Even though U.S. Secretary of State Mike Pompeo has declared a Senate run to be "off the table" next year, many fellow Republicans in Washington and his home state of Kansas aren't buying it. Majority Leader Mitch McConnell is among the GOP senators encouraging the former...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 11:22 am
WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1...
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FILE - In this April 16, 2019, file photo, new condos under construction are being built in vacant lots in a neighborhood near downtown Orlando, Fla. The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. (AP Photo/John Raoux, File)
August 14, 2019 - 12:03 pm
WASHINGTON (AP) — The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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Thomas Uhle, grow manager, tends to marijuana plants growing at GB Sciences Louisiana, in Baton Rouge, La., Tuesday, Aug. 6, 2019. Today was the first day the marijuana, which was grown for medical purposes, was processed and shipped to patients in Louisiana. (AP Photo/Gerald Herbert)
August 06, 2019 - 8:34 pm
BATON ROUGE, La. (AP) — A Marine veteran struggling with PTSD and a woman fighting cancer became some of the first people to purchase medical marijuana in Louisiana on Tuesday, as the state became the first in the Deep South to dispense therapeutic cannabis, four years after state lawmakers agreed...
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FILE - This June 20, 2019, file photo shows an existing home is offered for sale in Rutledge, Ga. Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market. (AP Photo/John Bazemore, File)
July 29, 2019 - 1:31 pm
NEW YORK (AP) — Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market. That's the conclusion of a report by Harvard University's Joint Center for Housing Studies. The quarterly report forecasts that spending by homeowners for renovations, expansions...
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In this June 13, 2019, photo construction continues on a new home in Mechanicsville, Va. On Wednesday, July 24, the Commerce Department reports on sales of new homes in June. (AP Photo/Steve Helber)
July 24, 2019 - 10:21 am
WASHINGTON (AP) — U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren't encouraging many more purchases. The Commerce Department said Wednesday that new home sales increased 7% to a...
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FILE - In this March 29, 2019, photo, a U.S. F-35A fighter jet prepares to land at Chungju Air Base in Chungju, South Korea. The White House says Turkey can no longer be part of the American F-35 fighter jet program. In a written statement, the White House said Wednesday that Turkey’s decision to buy the Russian S-400 air defense system “renders its continued involvement with the F-35 impossible.” (Kang Jong-min/Newsis via AP)
July 17, 2019 - 4:46 pm
WASHINGTON (AP) — In a major break with a longtime ally, the Trump administration on Wednesday said Turkey is being kicked out of an American-led fighter aircraft program because it is buying a Russian air defense system that would aid Russian intelligence. The decision has significant implications...
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