How do real estate agents and property owners respond to the growing marijuana industry? News4’s Erika Gonzalez has the report.

As marijuana dispensaries are on the rise with more states opting to legalize the recreational use of the drug, some may wonder how other industries are being affected by it, if at all. One industry that is actually not seeing much of a change is real estate. According to a recent survey from the National Association of Realtors, 85% of…

When you’re in the market for a home, saving up for a hefty down payment typically won’t be enough to secure a mortgage. Lenders also expect borrowers to have a decent credit score — 90% of home buyers had a score of at least 650 in the first quarter of 2019 — and an income high enough that they are confident...

Buyers are trolling the nation’s neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes rose a steeper-than-expected 3.5% in December compared with January, according to the National Association of Realtors. Demand is surging because mortgage rates are about a full percentage point lower than…

Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 4.6 percent monthly move was unusually large, regardless of direction. The tally from the National Association of Realtors generally moves in the very low single digits month to month. In fact, the shift was one of the largest that didn’t involve some sort...

U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of 5.15 million. That’s the lowest sales pace since...

U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annual pace of 5.34...

U.S. home prices climbed in March at the strongest rate in nearly three years as a dwindling supply of houses for sale is causing prices to significantly outpace income growth. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index released Tuesday rose 5.9 percent over the past 12 months ended in March, the most since July 2014. Home values...

Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4 percent last month to a seasonally adjusted annual rate of 5.71 million, the National Association of Realtors said Friday. This was the fastest sales rate since February 2007. The U.S. housing market...

A warmer-than-normal February and a strong stock market are helping to inspire Americans to start house hunting early. Rising prices for homes have also pressured some to make fast offers out of fear of being priced out of a home.

More people signed contracts to buy U.S. homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses. The National Association of Realtors said Wednesday that its pending home sales index climbed 5.5 percent in February to 112.3, its highest point since April and its second-highest point since 2006. Lawrence Yun, the Realtors’ chief...

It’s not just Wall Street banks. Most companies and groups that paid Democratic presidential candidate Hillary Clinton to speak between 2013 and 2015 have lobbied federal agencies in recent years, and more than one-third are government contractors, an Associated Press review found. Their interests are sprawling and would follow Clinton to the White House should she win election this fall.