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US pending home sales fell 1.3 percent in April
News 1 month ago
US pending home sales fell 1.3 percent in April

Fewer Americans signed contracts to buy homes in April, reflecting the dearth of properties being listed for sale in the U.S. right now. The...

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Bank of America and Petrobras fall; Kinder Morgan rises
News 1 month ago
Bank of America and Petrobras fall; Kinder Morgan rises

Stocks that moved substantially or traded heavily Tuesday: Kinder Morgan Inc., up 15 cents to $16.04 The Canadian government agreed to buy a...

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In Berlin, stately villas in harmony with modern life
News 1 month ago
In Berlin, stately villas in harmony with modern life

The two historically protected, turn of the century villas under construction in Berlin’s affluent Dahlem district will include 17 condominium...

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US home sales fell 2.5 percent in April
News 1 month ago
US home sales fell 2.5 percent in April

U.S. sales of existing homes tumbled 2.5 percent in April — with the costs of buying a home jumping and would-be buyers facing a persistent...

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US sales of existing homes tumbled 2.5 percent in April as inventory shortage, higher costs weigh on market
News 1 month ago
US sales of existing homes tumbled 2.5 percent in April as inventory shortage, higher costs weigh on market

US sales of existing homes tumbled 2.5 percent in April as inventory shortage, higher costs weigh on market....

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US sales of new homes slipped 1.5 percent in April
News 1 month ago
US sales of new homes slipped 1.5 percent in April

Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas and sharp pullback in...

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Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West
News 1 month ago
Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West

Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West....

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Lowe's 1Q falls flat as extended winter cuts into sales
News 1 month ago
Lowe's 1Q falls flat as extended winter cuts into sales

Lowe's, which named a new CEO this week, is reporting weak profit and revenue numbers for its first quarter in which harsh winter weather cut into...

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J.C. Penney CEO Ellison departs for Lowe's
News 1 month ago
J.C. Penney CEO Ellison departs for Lowe's

J.C. Penney CEO Marvin Ellison, a former Home Depot executive, is leaving the department store chain after less than four years to become the top...

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This Week: Fed minutes, home sales, durable goods orders
News 1 month ago
This Week: Fed minutes, home sales, durable goods orders

A look at some of the key business events and economic indicators upcoming this week: READING BETWEEN THE LINES The Federal Reserve releases...

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Cold spring hurts Home Depot's 1Q same-store sales growth
News 2 months ago
Cold spring hurts Home Depot's 1Q same-store sales growth

Home Depot reported slower-than-expected sales growth for the first quarter, as spring weather that was colder than usual hurt sales of fertilizer,...

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Builder optimisms bounces in May after 4 month slide
News 2 months ago
Builder optimisms bounces in May after 4 month slide

U.S. homebuilders are feeling more confident about their sales prospects, reflecting strong demand for newly built homes with existing homes in...

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US key mortgage rate steady at 4.55 percent
News 2 months ago
US key mortgage rate steady at 4.55 percent

The key long-term U.S. mortgage rate held steady this week, providing a lure for potential homebuyers as the spring buying season goes forward....

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Sale fans 12, Boston tops Rangers 6-1; Red Sox head to Bronx
News 2 months ago
Sale fans 12, Boston tops Rangers 6-1; Red Sox head to Bronx

Chris Sale wishes he could be on the mound for the Boston Red Sox in their next series at Yankee Stadium. Sale will have to settle for a spot along...

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US adds a modest 164,000 jobs; unemployment down to 3.9 pct.
News 2 months ago
US adds a modest 164,000 jobs; unemployment down to 3.9 pct.

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy's resilience amid the...

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US key mortgage rate declines slightly to 4.55 percent
News 2 months ago
US key mortgage rate declines slightly to 4.55 percent

The key long-term U.S. mortgage rate declined slightly this week, after a steady rise for most of April that pushed the rate to its highest level...

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US pending home sales tick up in March for 2nd straight gain
News 2 months ago
US pending home sales tick up in March for 2nd straight gain

Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales....

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US sales of new homes shot up 4 percent in March
News 2 months ago
US sales of new homes shot up 4 percent in March

Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. The Commerce Department said Tuesday that sales last...

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Sales of new US homes jumped 4 percent in March, propelled by a surge of buying in the West
News 2 months ago
Sales of new US homes jumped 4 percent in March, propelled by a surge of buying in the West

Sales of new US homes jumped 4 percent in March, propelled by a surge of buying in the West....

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US existing home sales rose 1.1 percent in March
News 2 months ago
US existing home sales rose 1.1 percent in March

U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers are undeterred by the dwindling number...

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US sales of existing homes increased 1.1 percent on a monthly basis in March to sturdy annual rate of 5.6 million
News 2 months ago
US sales of existing homes increased 1.1 percent on a monthly basis in March to sturdy annual rate of 5.6 million

US sales of existing homes increased 1.1 percent on a monthly basis in March to sturdy annual rate of 5.6 million....

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This Week: New home sales, Facebook earns, GDP
News 2 months ago
This Week: New home sales, Facebook earns, GDP

A look at some of the key business events and economic indicators upcoming this week: SALES REBOUND? Despite a dearth of homes on the market, sales...

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Condemned Northern California house sells for $1.23 million
News 2 months ago
Condemned Northern California house sells for $1.23 million

A condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million, a price tag that highlights...

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Landing the right house in a tough market for homebuyers
News 2 months ago
Landing the right house in a tough market for homebuyers

It's tough out there for would-be homeowners. They're facing rising mortgage rates, higher home prices and a shortage of available houses in many...

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Road to homeownership gets rockier this spring as rates rise
News 2 months ago
Road to homeownership gets rockier this spring as rates rise

Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring. In metro...

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US home building rose slightly in March, led by apartments
News 3 months ago
US home building rose slightly in March, led by apartments

U.S. builders broke ground on more apartment buildings last month, pushing up overall home construction 1.9 percent. The Commerce Department said...

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Optimism among builders slides for fourth consecutive month
News 3 months ago
Optimism among builders slides for fourth consecutive month

Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of...

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3 ways parents can help grown kids own a home
News 3 months ago
3 ways parents can help grown kids own a home

When responsible first-time homebuyers need help buying a home, the family bank sometimes can lend a hand. Younger homebuyers face a mountain of...

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Childhood home of Robert E. Lee listed at $8.5M
News 3 months ago
Childhood home of Robert E. Lee listed at $8.5M

The boyhood home of Confederate general Robert E. Lee has spent stints as a high-society gathering place, museum and most recently, private family...

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Barclays to pay $2 billion to US to settle mortgage suit
News 3 months ago
Barclays to pay $2 billion to US to settle mortgage suit

British bank Barclays became the latest big bank to reach a multi-billion dollar settlement with U.S. authorities over its role in the subprime...

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