September new home sales fall 3.5%, after strong summer season

CHARLOTTE, N.C. — 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, as the housing market’s summer buying season came to a close.

The Commerce Department said Monday 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.

EXISTING-HOME SALES SOAR 9.4% IN SEPTEMBER, MARKING FOURTH CONSECUTIVE MONTH OF GROWTH

The housing market, like most of the economy, came to a near standstill in March and in April, causing the typical spring summer buying season to be delayed until the summer.

LUXURY REAL ESTATE SALES CONTINUE TO SURGE DURING PANDEMIC

Once economies reopened, pent up

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Sept. new home sales fall 3.5%, after strong summer season

CHARLOTTE, N.C. (AP) — 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, as the housing market’s hot summer buying season cooled.



Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. 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. (AP Photo/Keith Srakocic)


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Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. 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. (AP Photo/Keith Srakocic)

The Commerce Department said Monday that despite the modest decrease, sales of new homes are up 32.1% from a year earlier. However, the pandemic may start to weigh on the market as

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September new-home sales fall 3.5% after strong summer season

CHARLOTTE, N.C. — 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, as the housing market’s hot summer buying season cooled.

The Commerce Department said Monday that despite the modest decrease, sales of new homes are up 32.1% from a year earlier. However, the pandemic may start to weigh on the market as the colder winter months arrive and with coronavirus cases spiking across much of the U.S.

“While strong demand and low mortgage rates are supportive of home sales, the resurgence in Covid-19 cases, a recovery that may be shifting into reverse and a weak labor market pose downside risks,” said Nancy Vanden Houten with Oxford Economics, in an email.

The housing market, like most of the economy, came to a near standstill in March and in April, causing the typical spring summer buying season

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Kenya’s Illegal ‘Circumcision Season’ Begins, Girls Flee Homes Out Of Fear

KEY POINTS

  • Kenya is home to 4 million girls and women who have experienced FGM
  • Female genital mutilation (FGM) is banned in Kenya, but it’s still widely practiced
  • Long-term risks of FGM include childbirth complications, mental health issues and death from serious infections

The cultural debate over female circumcision among Kenyan tribes has gathered steam after a disturbing video showing thousands of girls being ceremoniously paraded after their genital mutilation ceremonies hit the Internet last week.

In the shocking video footage from Kenya’s Migori County, thousands of young girls are seen parading the streets, some covered in blankets and the others with balloons attached, all guarded by men wielding machetes.

Although Kenya banned forced genital mutilation (FGM) by law in 2011, it is still openly performed and celebrated as a tradition in many communities as a rite of passage. Despite the efforts from anti-FGM NGOs, police and international communities, blatant

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Would You Buy a Home From ‘Windy City Rehab’? $1.6M House From Season 2 On Sale

A Chicago home that went through a major renovation on Season 2 of “Windy City Rehab” is now available for $1.6 million.

The popular home-flipping show follows designer Alison Victoria as she goes through the process of finding and renovating historic homes to sell with her signature touches.

Along with the workaday challenges of revamping aging fixer-uppers, the show itself has been the subject of a fair bit of controversy, including legal troubles over a past remodel and permit problems. This all played a role in the backstory of this newly renovated home.

This 1906 home was in major disrepair and had a stop-work order placed on it from the city during demolition due to the discovery of rotting wood floors.

“It’s dangerous, someone could fall through,” Victoria says in the episode.

Her co-star, Donovan Eckhardt, had his general contractor’s and developer’s licenses suspended by the city during the

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Peter Farrelly Makes the Case For ‘Loudermilk’, Teases Season 3 & Beyond As 2 Former Audience Series Seek New Homes

In January, AT&T announced that DirecTV’s Audience Network was shutting down, transforming itself into an HBO Max Preview Channel. While not surprising, the move threw in limbo three original series on the channel: comedy Loudermilk and dramas Condor and Mr. Mercedes. 

While David E. Kelley’s Mr. Mercedes had just wrapped its Season 3 run on Audience, with its future beyond that in serious doubt, Loudermilk and Condor both had completed new seasons in the can that had not yet been scheduled by the network. As Audience ceased to exist n May 22, the rights to its original series were handed back to their producers.

The three existing seasons of Mr. Mercedes were recently acquired by NBCUniversal’s Peacock, while Netflix picked up another Audience drama, Kingdom, which aired on the network from 2014-2017.

Skydance has been shopping thriller Condor, starring Max Irons and William Hurt, which I hear remains

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New Seabourn Venture 2021-2022 Norwegian Winter Inaugural Season “Extraordinary Expedition” Itineraries Now Open For Sale

“Our Norwegian Winter itineraries were carefully designed to offer guests the potential to view one of Earth’s true wonders, the Northern Lights,” said Josh Leibowitz, president of Seabourn. “There’s no better way to explore Norway’s winter beauty than on our new ultra-luxury expedition ship and all the activities it offers.”

The Norwegian Winter voyages will offer a new selection of both inclusive and optional expedition outdoor activities, such as skiing, snowshoeing, ice fishing, dog and reindeer sledding, and more. Dedicated excursions in search of Northern Lights will be available, including overnight camps at optimal viewing locations. In addition, there will be a new Seabourn signature event on all voyages for all guests on a complimentary basis: Concert in the Northern Lights Cathedral & Seabourn Signature Evening Event at the northern town of Alta, Norway. Seabourn Venture will also carry two six-seat custom submarines, expedition kayaks and 24 Zodiacs,

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What Is The Best Time, Season And Month To Rent An Apartment?

Are you looking for apartments for rent near you? Do you know the right time, month or season of the year to call a landlord or property management office? If you knew the most favorable time or season to search for a rental property, it could save a lot of your effort, time and money. It’s true that the perfect time to rent an apartment depends on a host of factors. Here are some of the aspects you need to consider:

The Ideal Time of the Day to Look Online

What is the perfect time to look for a rental apartment on the internet? Based on recent data, the best time to search for apartments online is in the morning. Look for your next rental property between 9am to 5pm. This is the time when most of the people post new ads or listings on the internet.

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