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Housing NewsSaturday, May 25th, 2013

A-Rod sells Miami Beach home for $30M

AP - Fri May 24, 1:56PM CDT

MIAMI BEACH, Fla. (AP) — New York Yankees slugger Alex Rodriguez has sold his Miami Beach home for $30 million. (full story)

US rate on 30-year mortgages rises to 3.59 pct.

By MARCY GORDON - AP - Thu May 23, 12:49PM CDT

WASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery. (full story)

For some homeowners, a house is a canvas

By CEDAR BURNETT - AP - Thu May 23, 8:52AM CDT

SEATTLE (AP) — It's hard to miss the enormous 20-foot (6-meter)-wide American flag on the side of Richard Ormbrek's home. Comprised of around 180 tiles painted with scenes of Americana against a background of red and white stripes, the flag pops from the orange cedar shingles with traffic-stopping audacity. (full story)

Ahead of the Bell: US New Home Sales

AP - Thu May 23, 8:23AM CDT

WASHINGTON (AP) — Sales of new homes likely rose in April, evidence that the housing market is gaining strength during the critical spring buying season. (full story)

Ahead of the Bell: US New Home Sales

AP - Thu May 23, 5:38AM CDT

WASHINGTON (AP) — Sales of new homes likely rose in April, evidence that the housing market is gaining strength during the critical spring buying season. (full story)

Maine home sales jump 14 percent in April

AP - Wed May 22, 2:34PM CDT

SOUTH PORTLAND, Maine (AP) — The Maine Association of Realtors says sales of existing single-family homes in Maine jumped 14 percent in April compared to a year earlier, and the median sales price increased 4 percent. (full story)

Maine home sales jump 14 percent in April

AP - Wed May 22, 1:16PM CDT

News Summary: US home sales rise to 3½ year high

By The Associated Press - AP - Wed May 22, 11:38AM CDT

HOME SALES: Sales of previously occupied U.S. homes edged up in April to a seasonally adjusted annual rate of 4.97 million in April, the highest level in three and a half years. That is up from 4.94 million in March, according to the National Association of Realtors. (full story)

Stocks rise on Fed stimulus hopes, home sales

AP - Wed May 22, 10:46AM CDT

NEW YORK (AP) — Stocks are moving higher after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs. (full story)

Sector Snap: homebuilders climb

AP - Wed May 22, 10:37AM CDT

NEW YORK (AP) — Homebuilders' shares are getting a lift Wednesday following Toll Brothers' strong second-quarter performance and a healthy housing report. (full story)

US home sales tick up to highest in 3 ½ years

By CHRISTOPHER S. RUGABER - AP - Wed May 22, 10:09AM CDT

WASHINGTON (AP) — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. (full story)

US home sales rise slightly to 4.97 million in April, highest in 3 ½ years; inventories jump

AP - Wed May 22, 9:02AM CDT

WASHINGTON (AP) — US home sales rise slightly to 4.97 million in April, highest in 3 ½ years; inventories jump. (full story)

Futures rise; all eyes on the Fed

AP - Wed May 22, 6:44AM CDT

NEW YORK (AP) — U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone. (full story)

Ahead of the Bell: US Home Sales

AP - Wed May 22, 5:41AM CDT

WASHINGTON (AP) — A report Wednesday on U.S. sales of previously occupied homes in April may show the housing recovery has crossed a critical threshold. (full story)

Ahead of the Bell: US Home Sales

AP - Wed May 22, 5:11AM CDT

WASHINGTON (AP) — A report Wednesday on U.S. sales of previously occupied homes in April may show the housing recovery has crossed a critical threshold. (full story)

Kimco sells Mexican shopping center properties

AP - Mon May 20, 1:04PM CDT

NEW HYDE PARK, N.Y. (AP) — Shopping center owner Kimco Realty Corp. said Monday that the sale of a nine-property Mexican shopping center portfolio to a local real estate operator has been completed for 2.78 billion pesos ($227 million). (full story)

Some lost everything to North Texas tornado

By JAMIE STENGLE and DAVID WARREN - AP - Fri May 17, 10:00AM CDT

GRANBURY, Texas (AP) — Raul Rodriguez counts himself a lucky man. (full story)

NYers furious over photos taken through windows

By JAKE PEARSON - AP - Fri May 17, 8:23AM CDT

NEW YORK (AP) — In one photo, a woman is on all fours, presumably picking something up, her posterior pressed against a glass window. Another photo shows a couple in bathrobes, their feet touching beneath a table. And there is one of a man, in jeans and a T-shirt, lying on his side as he takes a nap. (full story)

Some lost everything to North Texas tornado

By JAMIE STENGLE and DAVID WARREN - AP - Fri May 17, 8:01AM CDT

GRANBURY, Texas (AP) — Raul Rodriguez counts himself a lucky man. (full story)

US rate on 30-year mortgage rises to 3.51 pct.

By The Associated Press - AP - Thu May 16, 4:38PM CDT

WASHINGTON (AP) — Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing. (full story)

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