Aurora firefighters battle multifamily home fire near downtown
“It’s one of those homes where the fire can easily travel through the floors and walls, so, unfortunately, that’s what makes these fires tough,” Rhodes said. “You have to get in there, open things up and really search for the fire because it travels so fast.”chicagotribune.com
Red-hot US housing market: January new home sales jump 4.3%
Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units. The Commerce Department said Monday, Oct. 26, 2020, that despite the modest decrease, sales of new homes are up 32.1% from a year earlier, as the housing market remains strong despite the pandemic. – Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of the economy. Last month's increase pushed sales of new homes to an adjusted annual rate of 923,000, the Commerce Department reported Wednesday. The housing market has remained remarkably resilient in the face of the economic fallout of the coronavirus pandemic.
Hundreds of thousands at Honduras' shelters after hurricanes
Hurricane victims take refuge under a bridge in San Pedro Sula, Honduras, Saturday, Nov. 21, 2020. Shelters for people whose homes were flooded or damaged by hurricanes Eta and Iota in Honduras are now so crowded that thousands of victims have taken refuge under highway overpasses or bridges. The Red Cross estimates that about 4.2 million people were affected by the back-to-back hurricanes in November in Honduras, Nicaragua and Guatemala. (AP Photo/Delmer Martinez)SAN PEDRO SULA – Shelters for people whose homes were flooded or damaged by hurricanes Eta and Iota in Honduras are now so crowded that thousands of victims have taken refuge under highway overpasses or bridges. Orlando Antonio Linares oversees a municipal shelter at a school in San Pedro Sula, where almost 500 hurricane victims have taken refuge.
September existing home sales climb 9.4%, highest since '06
CHARLOTTE, N.C. – Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic. On a seasonally-adjusted rate, the selling pace of existing homes climbed to 6.54 million annualized units. This is largely because of low inventory of existing homes. But because of the pandemic, the spring home buying season was delayed a few months and pushed the bulk of the home buying season into the mid-to-late summer. Regionally, the strongest market was Northeast, with existing home sales up 16.2% from a year earlier.
July sales of new homes surge 13.9%, far more than thought
Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns. The Commerce Department reported Tuesday that July's gain propelled sales of new homes to a seasonally-adjusted annual rate of 901,000. In a report last week, the National Association of Realtors reported that sales of existing homes rose by a record 24.7% in July, thanks to historically low interest rates. Sales are being fueled by ultra-low mortgage rates, which earlier this month dropped below 3% for a 30-year-fixed rate mortgage for the first time in nearly 50 years. The average rate on a 30-year fixed rate mortgage is now 2.99%, the mortgage buyer Freddie Mac said Thursday.
This dream house has a rare and perfect yard you won't often find
Amanda Ostrander from MKB Realtors takes us on a tour of 7044 Mountain Spring Trail in Roanoke. The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. The views expressed in this article are those of the advertiser and do not necessarily reflect those of this site or affiliated companies.
You’d never have (or want) to leave this home once you see the inside
Amanda Ostrander from MKB Realtors takes us on a tour of 4930 South Peak Estates in Roanoke. The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. The views expressed in this article are those of the advertiser and do not necessarily reflect those of this site or affiliated companies.
Over 1 million marooned in Bangladesh as floods worsen
Heavy flooding is worsening in parts of Bangladesh, with over 1 million villagers marooned or leaving their homes for higher ground along with their cattle and other belongings, officials and volunteers said Tuesday. (AP Photo/Bayezid Ahmed)DHAKA Heavy flooding is worsening in parts of Bangladesh, with over 1 million villagers marooned or leaving their homes for higher ground along with their cattle and other belongings, officials and volunteers said Tuesday. The floods started late last month, and after briefly easing continued to worsen, affecting many new areas, destroying crops and driving people from their homes in several impoverished regions. Soikat said that over the last few weeks, the charity has distributed food to some 135,000 people in Kurigram, while the governments relief office was also providing food, cash and cattle food. We are trying to do our best to stand by the people, as we have already provided more than 300 tons of rice, cattle food, baby food and a good amount of cash.
Roanoke residents encouraged to evacuate now clear to return home
ROANOKE, Va. – Another piece of good news on this dry Friday in Roanoke. On Friday afternoon, city officials announced that those who had been encouraged to leave their homes are now safe to return home. During this week’s heavy rain, residents in the Cravens Creek Road neighborhood, as well as the Arbutus, Arbor, and Piedmont neighborhoods were encouraged to evacuate their homes as a precaution, in case of flooding.
What do sellers need to know before listing their homes?
Last year was the best year for existing home sales since 2006, and new home sales saw the strongest year since 2007. But the first few months of this year have been a bit shakier. As the spring real estate season starts, Jill Schlesinger reports what sellers need to know before listing their homes.cbsnews.com