Real Estate - The Salt Lake Tribune http://www.sltrib.com/cat/RealEstate Stories from The Salt Lake Tribune &copy; 2014 The Associated Press, The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our privacy policy: http://www.sltrib.com/pages/privacy. en-us webmaster@sltrib.com (Webmaster) U.S. subprime crisis stars in Venice film festival http://www.sltrib.com/sltrib/money/58351772-79/venice-film-garfield-director.html.csp Venice, Italy • Florida’s realtors and tourism authorities probably will not be using “99 Homes” in their promotional material. The Sunshine State looks pretty shady in Ramin Bahrani’s Orlando-set drama, one of 20 films competing for prizes at the Venice Film Festival. The movie stars Andrew Garfield as an evicted construction worker who sells his soul to the devil — or at least to Michael Shannon’s reptilian real estate agent — and takes a job evicting other struggling souls to earn enough mone... Venice, Italy • Florida’s realtors and tourism authorities probably will not be using “99 Homes” in their promotional material. The Sunshine State looks pretty shady in Ramin Bahrani’s Orlando-set drama, one of 20 films competing for prizes at the Venice Film Festival. The movie stars Andrew Garfield as an evicted construction worker who sells his soul to the devil — or at least to Michael Shannon’s reptilian real estate agent — and takes a job evicting other struggling souls to earn enough mone... <img src="http://mngislctrib.112.2O7.net/b/ss/mngislctrib/1/H.17--NS/0?&pageName=RSS" height="1" width="1" border="0" alt=""/> 58351772@www.sltrib.com Fri, 29 Aug 2014 16:42:01 MDT Contracts to buy U.S. homes rise in hopeful sign http://www.sltrib.com/sltrib/money/58347042-79/percent-sales-contracts-homes.html.csp Washington • More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index rose 3.3 percent to 105.9 last month. Still, the index remains 2.1 percent below its level a year ago. The pressures that caused home sales to stall last year have started to ease. The av... Washington • More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index rose 3.3 percent to 105.9 last month. Still, the index remains 2.1 percent below its level a year ago. The pressures that caused home sales to stall last year have started to ease. The av... 58347042@www.sltrib.com Thu, 28 Aug 2014 11:18:30 MDT U.S. home price gains slowed in June http://www.sltrib.com/sltrib/money/58338420-79/percent-price-homes-gains.html.csp Washington • U.S. home prices increased at a slower pace in June — a cooldown that could continue for several more months. The Standard & Poor’s/Case-Shiller 20-city home price index rose 8.1 percent in June from 12 months earlier, according to a Tuesday report. That’s down from 9.4 percent a month earlier and the smallest annual gain since December 2012. Yearly price growth weakened in all 20 cities. Home values in Cleveland nudged up just 0.8 percent. Las Vegas led with a 15.2 percent gain. Bu... Washington • U.S. home prices increased at a slower pace in June — a cooldown that could continue for several more months. The Standard & Poor’s/Case-Shiller 20-city home price index rose 8.1 percent in June from 12 months earlier, according to a Tuesday report. That’s down from 9.4 percent a month earlier and the smallest annual gain since December 2012. Yearly price growth weakened in all 20 cities. Home values in Cleveland nudged up just 0.8 percent. Las Vegas led with a 15.2 percent gain. Bu... 58338420@www.sltrib.com Tue, 26 Aug 2014 09:58:11 MDT Sales of U.S. new homes fall in July http://www.sltrib.com/sltrib/money/58334341-79/sales-percent-homes-rate.html.csp Washington • Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said Monday that new-home sales fell 2.4 percent last month to a seasonally adjusted annual rate of 412,000. The report also revised up the June sales rate to 422,000 from 406,000. New-home sales plunged 30.8 percent in the Northeast, followed by smaller drop-offs in the Midwest and West. Purchases were up ... Washington • Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said Monday that new-home sales fell 2.4 percent last month to a seasonally adjusted annual rate of 412,000. The report also revised up the June sales rate to 422,000 from 406,000. New-home sales plunged 30.8 percent in the Northeast, followed by smaller drop-offs in the Midwest and West. Purchases were up ... 58334341@www.sltrib.com Mon, 25 Aug 2014 09:20:01 MDT Fannie, Freddie post profits in 2Q; pay dividends http://www.sltrib.com/sltrib/money/58271551-79/freddie-billion-fannie-government.html.csp Washington • Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to fully repay their government aid after being rescued during the financial crisis in 2008. Fannie Mae reported Thursday that it earned $3.7 billion in the second quarter. Washington-based Fannie will pay a dividend of $3.7 billion to the U.S. Treasury next month. With its previous payme... Washington • Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to fully repay their government aid after being rescued during the financial crisis in 2008. Fannie Mae reported Thursday that it earned $3.7 billion in the second quarter. Washington-based Fannie will pay a dividend of $3.7 billion to the U.S. Treasury next month. With its previous payme... 58271551@www.sltrib.com Thu, 07 Aug 2014 10:02:01 MDT Year-over-year U.S. home prices show a slowing gain http://www.sltrib.com/sltrib/money/58263179-79/percent-prices-june-rose.html.csp Washington • U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market. Data provider CoreLogic said Tuesday that prices rose 7.5 percent in June compared with 12 months earlier. That’s a solid gain but less than the 8.3 percent year-over-year increase in May and a recent year-to-year peak of 11.9 percent in February. On a month-to-month basis, June prices rose just 1 percent, down from 1.4 percent in May. Bu... Washington • U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market. Data provider CoreLogic said Tuesday that prices rose 7.5 percent in June compared with 12 months earlier. That’s a solid gain but less than the 8.3 percent year-over-year increase in May and a recent year-to-year peak of 11.9 percent in February. On a month-to-month basis, June prices rose just 1 percent, down from 1.4 percent in May. Bu... 58263179@www.sltrib.com Tue, 05 Aug 2014 10:33:02 MDT 5 tips for selling your home for the best price http://www.sltrib.com/sltrib/money/58237874-79/agent-price-agents-commission.html.csp The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit. Still, getting a home sold can be challenging, even in markets where tight supply favors sellers. Here are five tips on how to get your home sold for the best price: STUDY THE MARKET Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers’ agents, prep... The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit. Still, getting a home sold can be challenging, even in markets where tight supply favors sellers. Here are five tips on how to get your home sold for the best price: STUDY THE MARKET Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers’ agents, prep... 58237874@www.sltrib.com Fri, 01 Aug 2014 17:55:26 MDT