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Home sales fell again in August as homebuyers grapple with rising costs

By Alex Veiga | The Associated Press Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates, rising prices and a dearth of properties on the market shut out many would-be homebuyers. Existing home sales fell 0.7% last month from July to a seasonally adjusted…
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McCarthy gives in to far-right on spending cuts, but they still deliver defeat as shutdown looms

By LISA MASCARO and STEPHEN GROVES WASHINGTON — House Speaker Kevin McCarthy’s latest plan to prevent a looming federal shutdown by appeasing his hard-right flank quickly collapsed Thursday, a crushing defeat that makes a disruption in government services almost certain. A government closure is increasingly likely as time runs out for Congress to act. McCarthy’s…
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Santa Clarita to hold vigil for slain Deputy Ryan Clinkunbroomer this weekend

The City of Santa Clarita will be holding a candlelight vigil for the community to honor fallen Los Angeles Sheriff’s Deputy Ryan Clinkunbroomer. The vigil will be on Sunday, Sept. 24, at 7 p.m. at Marketplace Park, 23811 Newhall Ranch Road. Clinkunbroomer, 30, died after being shot in his patrol car on Saturday, Sept. 16,…
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Senate confirms two more military leaders despite GOP block

By Clare Foran, Kristin Wilson and Morgan Rimmer | CNN The Senate voted on Thursday to confirm Gen. Randy George to be chief of staff of the Army and Gen. Eric Smith to be commandant of the Marine Corps – key votes that follow a monthslong hold of more than 300 military promotions by Republican…
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Judge rules against trimming the scope of lawsuit against Veterans Affairs

A lawsuit brought by a group of veterans against the U.S. Department of Veterans Affairs, challenging land lease agreements and seeking permanent housing for thousands of homeless veterans on and around the VA’s West Los Angeles campus may be heading to trial, according to court documents obtained on Thursday, Sept. 21. The 14 plaintiffs allege…
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Angels lose in the 9th after Jo Adell’s go-ahead homer

ST. PETERSBURG, Fla. — An oblique injury in July cost Jo Adell an extended opportunity to show whether he’s finally ready to perform in the majors. Now, he’s trying to make the most of the season’s final two weeks. Adell’s sixth-inning two-run homer gave the Angels the lead in a game they lost 5-4 when…
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They bought a cheap home in Italy. Then they bought another

By Silvia Marchetti | CNN When Italian villages started selling houses for the price of a cup of coffee, most foreign buyers rushing to grab a slice of the action saw it as a fun property hunt – a search for the ultimate bargain. But for some, buying an old home in an offbeat location…
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As homebuyer contracts collapse, expectations tumble, too

Escrows are canceling at an alarmingly high rate. I’m seeing it among my own clients. Wholesale mortgage lenders (they make credit decisions on loan packages originated by mortgage brokers) are complaining about this trend, too. Plenty of real estate agents and brokers are griping about the spiking cancellations. In August, 60,000 home purchase agreements, or…
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5 easy school night dinners to combat the chaos

Gretchen McKay | (TNS) Pittsburgh Post-Gazette Having to make dinner night after night can be a drag any time of year, but it can feel even more like a chore in September if you have kids in school. After the (relatively) relaxed days of summer, it can take a while to get back into the…
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Newport Beach Harbor Island home drops list price by $10 million, to $64 million

A prewar Newport Beach home on the waterfront of guard-gated Harbor Island has cut $10 million off its asking price to $64 million. “Although two buyers have unsuccessfully submitted offers to date, the sellers have decided to better align their listing price with the market,” said Steve High of Coldwell Banker, the co-listing agent. The…
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