Real estate

Boomers’ new retirement plan is millennials paying rent

Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and...

DATE: Aug. 13, 2016 | CATEGORY: Business

Bouncing back from foreclosure easier now

Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners again, so...

DATE: Aug. 13, 2016 | CATEGORY: Business

Buyers, sellers share responsibility in defect cases

Chuck and Corrine Owens lived happily at the Villas at La Campanella for two years until 2012, when they started noticing problems with their home. Neighbors were also having troubles: water...

DATE: Aug. 12, 2016 | CATEGORY: Business

America's post-foreclosure consumers are ready to rejoin economy

Millions of Americans lost their homes to foreclosures or short sales during the housing crisis. Fortunately for the economy, time heals most wounds – and credit reports. The number of people...

DATE: Aug. 12, 2016 | CATEGORY: Business

U.S. construction spending tumbles

WASHINGTON – U.S. construction spending fell for a third straight month in June, with spending on nonresidential construction dropping by the largest amount in six months. Construction spending...

DATE: Aug. 6, 2016 | CATEGORY: Business

Agrihoods are taking root across America

DAVIS, Calif. – “How ya gonna keep ‘em down on the farm?” asks the old song. The answer may be: Build them an agrihood. Feeding off the continuing interest in eating fresh, local food, developers...

DATE: Aug. 6, 2016 | CATEGORY: Business

Designers, suppliers offer some tips for using your outdoors space

A terrace, patio or other outdoor space is one of the simplest means of capitalizing on the summer season, and it doesn’t have to be a difficult endeavor. Homeowners, outdoor furnishing suppliers...

DATE: Aug. 6, 2016 | CATEGORY: Business

Silverton, Ute Mountain Utes receive housing grants

Much-need workforce housing in San Juan County just received a $305,430 boost from the state, which will go to developing the Anvil Mountain Apartments. The award is part of $9 million in grant...

DATE: July 28, 2016 | CATEGORY: Local News

Homeownership rate continues to fall in U.S.

WASHINGTON – The proportion of U.S. households that owns homes has matched its lowest level in 51 years – evidence that rising property prices, high rents and stagnant pay have made it hard for...

DATE: July 28, 2016 | CATEGORY: Business

Pending U.S. home sales improved slightly in June

WASHINGTON – The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track. The National...

DATE: July 27, 2016 | CATEGORY: Business

U.S. new-home sales climbed in June to more than 8-year high

WASHINGTON – Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the broader U.S. economy. The...

DATE: July 26, 2016 | CATEGORY: Business

Has the housing market rebounded?

A recent study conducted by the Associated Press underscores a national trend propelled by the Great Recession: The gap is widening between homeowners and renters. And the same can be said for...

DATE: July 25, 2016 | CATEGORY: Business

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