WASHINGTON (AP) — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.
New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday. The report also revised down the May sales rate to 442,000 from 504,000.
WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
CHAMPAIGN — Charles Campbell has lived in the Bristol Place neighborhood in the northeast part of the city for 28 years. He doesn't know where he'll go yet when the city buys and bulldozes his home.
"It's been so long," Campbell said. "We've been staying here so long."
Q: If an apartment isn't ready when my lease starts, what can I do? Does the landlord have to put me up somewhere else? Can I move somewhere else?
A: Apartments not being ready can happen with a lease for a place under construction, or if the previous tenants don't move out. You then face a tough choice: get out, or get in deeper.
Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.
Permits are listed by applicant, description, location and cost.
Ironwood Builders, new single-family home at 5105 Emmas Way, $230,000.
Tough to think about on these unseasonably breezy July days, but school is just around the corner at the University of Illinois.
OK, the start of classes is still more than a month away, but housing officials, construction crews and campus rental agents are busy prepping.
Here's a look at some changes you will see on campus this fall.
URBANA — City officials have made $50,000 available to nine families in the Barnes Mobile Home Park who will be forced out after the city bought the land last year.
Those residents were notified in April that they had a year to get out. That's when the stress began for those residents, who told city officials that moving will be a hardship on their limited incomes.
CHAMPAIGN — Residents at Champaign House Apartments were moved to hotels after the torrential rain this weekend caused raw sewage to back up into their ground-floor units.
CHAMPAIGN — Partial demolition has begun at the Phi Kappa Psi fraternity house at Fourth and Chalmers streets in Champaign.
But the original part of the English Tudor-style house, built in 1908, will be preserved, with a new addition to the west and south replacing portions added in the 1920s and 1960s.
Brownfield Sports has moved to the former English Hedgerow location at the southeast corner of Lincoln and University avenues in Urbana.
"We moved over the (July 4-6) weekend," said Kristi Brownfield, who noted the shop had been at Lincoln Square for 12 years.