By Josh Boak/AP Economics Writer WASHINGTON (AP) — Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales. The National Association of Realtors said Monday that its pending home sales index rose 1.5 percent in June to 110.2. The gain still puts the pace of contract signings below its
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Category: Real Estate
Ways homebuyers can leap the down payment hurdle
By Alex Veiga/AP Business Writer LOS ANGELES (AP) — Saving up for a down payment is the biggest hurdle for many would-be homebuyers, particularly those looking to make the leap from renting to owning. More than two-thirds of renters consider setting aside money for a down payment the No. 1 obstacle to buying a home,
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US construction spending hits highest level in 10 years
By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9 percent in November after a 0.6 percent increase in October, the Commerce Department reported Tuesday. The increase reflected
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US construction spending hits highest level in 10 years
By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9 percent in November after a 0.6 percent increase in October, the Commerce Department reported Tuesday. The increase reflected
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Bruce Willis, Demi Moore donate Idaho theater to troupe
HAILEY, Idaho (AP) — Actors Bruce Willis and Demi Moore have donated the Liberty Theatre in downtown Hailey to a local theater company. The Idaho Statesman reports (http://bit.ly/2ir425O ) that the formalized gift gives the Company of Fools a secure, permanent space where the theatrical company has performed since 1996. The couple, who are now
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US home prices rise 5.1 percent in October
By PAUL WISEMAN , AP Economics Writer WASHINGTON (AP) — U.S. home prices rose again in October as buyers bidding for scarce properties drove prices higher. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index rose 5.1 percent in October from a year earlier after rising 5 percent in September. Prices for the 20
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