Housing

7:32am

Tue May 28, 2013
The Two-Way

Home Prices Post Biggest Jump Since 2006

Originally published on Tue May 28, 2013 9:18 am

This single family home was for sale last week in Encinitas, Calif.
Mike Blake Reuters /Landov

Home prices in major cities across the nation were up 10.9 percent in March from March 2012, the biggest year-over-year increase since April 2006, according to the data trackers who put together the S&P/Case-Shiller Home Price Indices.

Their surveys show that:

-- While prices rose 10.9 percent on average across 20 metropolitan areas, the strongest gains were in Phoenix (22.5 percent), San Francisco (22.2 percent) and Las Vegas (20.6 percent).

Read more

10:55am

Tue May 21, 2013
The Two-Way

Airbnb Stays Are Illegal In New York, Court Rules

A search for places to stay in New York City via Airbnb returns plenty of results, despite the practice of short-term rentals being found to be illegal under city and state law.
Airbnb

People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code; it also doesn't conform with a state law.

Read more
Tags: 

2:58pm

Sun May 19, 2013
Around the Nation

Boom Or Bust? Saving Rhode Island's 'Superman' Building

Originally published on Mon May 20, 2013 9:30 am

The iconic Industrial Trust Tower, knows as the "Superman building," stands in downtown Providence, R.I. The art deco-style skyscraper, the tallest in the state, lost its last tenant when the bank's lease expired in April.
Steven Senne AP

Rhode Island is home to beautiful beaches, top-notch universities and a thriving arts scene. Beneath the surface, however, the state faces challenges similar to other parts of the country: shrinking revenues, lost jobs and general economic malaise.

Read more

10:50am

Thu May 16, 2013
Business

Colorado Sees 41 Percent Drop In Foreclosure Filings

Colorado Division of Housing

There were 4,571 foreclosure filings during the first quarter of this year compared to 7,785 during the first quarter of 2012. That’s a 41 percent drop.

Read more

3:27pm

Thu May 2, 2013
Economy

Housing Recovery Lifts Other Sectors, Too

Originally published on Thu May 2, 2013 4:00 pm

Chevy trucks line the lot of a dealer in Murrysville, Pa. Sales were up by double digits at Chrysler, General Motors and Ford last month.
Gene J. Puskar AP

The government's employment report for April comes out Friday. It's an important measure of the economy's health and the advance signals have been mixed. One report this week showed layoffs falling to a five-year low, but another suggests disappointing jobs creation.

At least one sector is providing some positive news for the job market: housing.

Read more

Pages