Real Estate News

Kerry: US, allies ready to aid Syria rebels

U.S. Secretary of State John Kerry gestures during a joint a news conference with Jordan's Foreign Minister Nasser Judeh in Amman, Jordan, Wednesday, May 22, 2013. (AP Photo/Jim Young, Pool)Unless President Assad engages in peace talks, the U.S. will help rebels "fight for the freedom of their country."


Police recover backpacks of two kidnapped girls

This photo provided by The Iowa Department of Public Safety shows Kathlynn Shepard, 15. Authorities said Tuesday, May 21, 2013, a man suspected of abducting Shepard and a 12-year-old girl from a bus stop in central Iowa has been found dead, but a search continues for Shepard. Authorities said the 12-year-old girl was able to escape and ran to a nearby rural residence for help. (AP Photo/Iowa Department of Public Safety)Investigators continue to search for a 15-year-old Iowa girl abducted this week.


House subcommittee moves to curb military sexual assaults

FILE - In this June 2, 2012 file photo, House Armed Services Committee member Rep. Niki Tsongas, D-Mass. speaks in Springfield, Mass. Determined to check the growing epidemic of sexual assaults in the armed forces, a House panel is poised to approve a series of revisions to longstanding military law. They include stripping commanding officers of their unilateral authority to change or dismiss a court-martial conviction and requiring that service members found guilty of sexual offenses be dismissed or dishonorably discharged. (AP Photo/Michael Dwyer, File)The panel considers a change that may encourage more victims to step forward.


IRS's Lerner: ‘I have not done anything wrong’

Lerner brushes back her hair before testifying at a House Oversight and Government Reform Committee hearing in WashingtonIRS official Lois Lerner pleads the Fifth Amendment before Congress.


Attorney accuses Donald Trump of lying on witness stand

FILE - In this May 14, 2013 file photo, Donald Trump arrives at federal court n Chicago to testify at a civil trial where he's accused of enticing investors to buy condos at his Chicago skyscraper with promises of profit-sharing, then quietly reneging on them. On Monday, May 20, 2013, Jacqueline Goldberg, 87, who alleges Trump cheated her in a bait-and-switch scheme has told jurors she had qualms about suing the developer-turned-TV star given his power and influence. (AP Photo/M. Spencer Green, File)CHICAGO (AP) — The attorney for an 87-year-old woman who accuses Donald Trump of cheating her in a skyscraper condo deal told Chicago jurors on Wednesday that he was personally repulsed by the "Apprentice" star whom he said lied on the witness stand.


Popular Mechanics' 1955 'House of the Future'
A master panel in the bedroom controls all the indoor and outdoor lights, as well as turns on a coffeemaker in the kitchen. Built in Brentwood, Calif. to last several centuries, and withstand fire, earthquakes and temperature extremes, Popular Mechanics' 1955 "House of the Future" still contains features desired by homeowners today.Of course, some of the amenities have lost their novelty. A once-t...

    


Sales of previously owned homes hit highest in 3-1/2 years
U.S. home resales rose in April to the highest level in nearly 3-1/2 years as surging prices lured sellers back into market, which should support the housing sector and the overall economic recovery.The National Association of Realtors said on Wednesday existing home sales advanced 0.6 percent to an annual rate of 4.97 million units, the highest level since November 2009.The March sales pace was r...

    


Vacation home sales sizzle; rentals book up 
In the kitschy community of St. Michaels on the Maryland shore, businesses are gearing up for the official start of the season: Memorial Day weekend. Trucks carrying dozens of bicycles unload into waterside racks and shopkeepers move their brightly-colored wares out onto the sidewalks. For real estate rental agents, though, the heavy lifting is mostly done. The biggest houses are already booked."T...

    


US home builders feeling fairly upbeat
U.S. home-builder confidence in the market for single family homes rose in May amid rising home prices despite increasing building materials costs, an index showed on Wednesday.The National Association of Home Builders/Wells Fargo Housing Market index edged up three points to 44, from a downwardly revised 41 in April. Economists in a Reuters survey were expecting a reading of 43. Any number ov...

    


Mansions in Gatsby country going cheap (relatively) 
In Jay Gatsby's time, the mansions along Long Island's Gold Coast were famous for their excess and price tags. Now, they're more famous for their price cuts. Hit hard by the recession, the grand estates and megahomes lining the North Shore have seen price cuts of up to 50 percent. Inventory remains high and homes are sitting on the market for an average of six months or more, brokers say. Big...

    


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