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Tag Archives: Real Estate

Pending home sales fall for 3rd straight month

WASHINGTON — Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers. The National Association of Realtors said Thursday that its seasonally ...

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Apartments added to plans for Exelon tower at Harbor Point

Photos of the Harbor Point site from the Legg Mason Building. (Maximilian Franz/The Daily Record)

The Harbor Point offices for Exelon Corp. will have a new addition: 105 apartment units, spread across five floors, to compliment office and retail space as well as a huge trading floor for the energy giant, Beatty Development Group officials said Thursday.

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Home prices rise 12.4 pct., most in 7.5 years

WASHINGTON — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. The Standard &Poor’s/Case-Shiller 20-city home price ...

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Realities of Real Estate: Right said Fed

Over the past couple of columns, we’ve been reviewing the impact of rising mortgage rates, as well as the impetus for those rate increases. We recently explained how the Federal Reserve, led by Chairman Ben Bernanke, triggered a jump in mortgage rates by suggesting that the Feds might begin to tighten up on their easy money policies.

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