As Home Sales Heat Up Again, Buyers Must Resort to Cold Cash

The ripping of final decade’s housing burble feels like ancient story here, where first-time home buyers are competing with investors to get into single-family homes with prices entrance $1 million. “It’s everybody from a child out of law propagandize to an financier from China, walking around with thousands to spend,” pronounced Kameron Eliassian, a Los […]

Mass. home prices arise 14%

The median cost for a single-family home in Massachusetts rose to $313,000 final month, scarcely 14 percent aloft than during Apr 2012 as increasingly fervent buyers and a singular register of houses on a marketplace total to pull adult values, information expelled Wednesday show. April noted a seventh uninterrupted month of rising home prices, according […]

Kansas City area home construction activity stays clever this spring

Data expelled by a Home Builders Association of Greater Kansas City showed 444 permits were released final month for single-family units. That noted a initial time monthly permits had climbed above 400 given Apr 2008 when 441 permits were issued. Through a initial 4 months of this year, a organisation pronounced 1,276 single-family permits had […]

Surge in home construction expected to continue

A workman helps build a home Dec. 6 in a Cleveland suburb of Pepper Pike.(Photo: Tony Dejak, AP) WASHINGTON (AP) — The issue of a housing bust forced many homebuilders to dramatically scale behind construction on new homes to equivocate a risk of finale adult saddled with a trove of newly built, nonetheless unsold properties. […]

Home builder view binds nearby seven-year highs

WASHINGTON | Wed Jan 16, 2013 10:06am EST WASHINGTON (Reuters) – Homebuilder certainty in a marketplace for singular family homes hold solid during nearby 7 year highs in January, suggesting a opinion for a housing marketplace remained upbeat. The NAHB/Wells Fargo Housing Market index was during 47 this month, a top turn given Apr 2006. […]

Man found passed inside blazing home on Southwest Side

A male was found passed inside a home where a glow had damaged out this dusk on a Southwest Side, according to a Chicago Fire Department. The victim, in his midst 40s, was found passed inside a singular family home in a 8500 retard of South Knox Avenue, according to a glow department. The male […]