Author – The Durango Herald

Winter weather freezes home starts

WASHINGTON – Construction of new homes plummeted in February, as fierce winter weather froze housing starts in the Northeast and Midwest. The Commerce Department said Tuesday tha...

DATE: Mar 21, 2015 | CATEGORY: Business

Housing sales remain flat

WASHINGTON – Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market. The ...

DATE: Feb 28, 2015 | CATEGORY: Business

U.S. home sales plunge 4.9 percent in January

WASHINGTON – U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing h...

DATE: Feb 23, 2015 | CATEGORY: Business

U.S. rents up in January

WASHINGTON – U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic. Real estate data firm Zil...

DATE: Feb 21, 2015 | CATEGORY: Business

U.S. homebuilder confidence slides in February

WASHINGTON – U.S. homebuilders say sales prospects and buyer traffic fell slightly this month. The National Association of Home Builders/Wells Fargo builder sentiment index releas...

DATE: Feb 21, 2015 | CATEGORY: Business

Home construction slips in January

WASHINGTON – U.S. homebuilders slowed the pace of construction in January, breaking ground on fewer single-family houses ahead of the spring buying season. Housing starts slipped ...

DATE: Feb 18, 2015 | CATEGORY: Nation & World

U.S. new home sales jump 11.6 percent in December

WASHINGTON – Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014. The Commerce Department said Tuesday ...

DATE: Jan 31, 2015 | CATEGORY: Business

U.S. home sales rise in December

WASHINGTON – More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find houses. The National Association of Realtors said F...

DATE: Jan 23, 2015 | CATEGORY: Nation & World

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

Home price growth slowing

WASHINGTON – U.S. home prices rose in October at a slightly slower pace, as real estate sales have fallen and affordability increasingly has become a challenge for potential buyers. ...

DATE: Jan 3, 2015 | CATEGORY: Business

Stocks, jobs shine in ’14

Resilience defines the year

DATE: Dec 26, 2014 | CATEGORY: Nation & World