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Real Estate News

Pros and cons of paying off mortgage before retirement | CNBC | June 23, 2017
CNBC | June 23, 2017
Retiring a mortgage can reduce stress, increase cash flow and provide an equity cushion, however dvisors warn against using retirement-account funds to pay off home loans.
London high-rises evacuated as fire precaution | CNBC | June 23, 2017
CNBC | June 23, 2017
London borough of Camden is evacuating 800 households after safety of residents threatened by fire.
$22.8M Beverly Hills home is celebrity magnet | CNBC | June 23, 2017
CNBC | June 23, 2017
CNBC's Robert Frank takes a look into The Osbournes' estate on today's Power House.
Home building demand has been strong: Credit Suisse | CNBC | June 23, 2017
CNBC | June 23, 2017
Susan Maklari, senior analyst at Credit Suisse, discusses the report on home builders increasing production in townhouses.
Sears just opened a store that only sells mattresses and appliances | CNBC | June 23, 2017
CNBC | June 23, 2017
Sears plans to open additional stores dedicated to mattresses and appliances — "two of its strongest" categories.
US new home sales rise, median price surges to record high | CNBC | June 23, 2017
CNBC | June 23, 2017
Economists polled by Reuters had forecast new home sales rising 5.7 percent in May to a pace of 600,000 units from the previously reported rate of 570,000 units.
New home sales (May) up 2.9% vs. 3.7% est. | CNBC | June 23, 2017
CNBC | June 23, 2017
CNBC's Rick Santelli reports the latest data from new home sales.
Median sale price rises to highest on record | CNBC | June 23, 2017
CNBC | June 23, 2017
CNBC's Diana Olick reports the latest data on rising median home prices.
The US lacks enough warehouses to support e-commerce growth | CNBC | June 23, 2017
CNBC | June 23, 2017
As e-commerce demand grows, investments in warehouse landlords are poised to benefit.
China's UrWork brings its co-working platform to Singapore | CNBC | June 23, 2017
CNBC | June 23, 2017
China-based co-working firm UrWork has joined hands with Australian consultancy firm Collective Campus to launch its first overseas branch in Singapore.
Sears is shuttering 20 more stores | CNBC | June 22, 2017
CNBC | June 22, 2017
Sears is closing 20 stores, in addition to the more than 200 closings earlier this year, Business Insider reports.
Falling mortgage rates and rising home prices make for attractive refinancing combo | CNBC | June 22, 2017
CNBC | June 22, 2017
CNBC's Diana Olick reports on lower mortgage rates and some home owners are saving through refinancing.
4 million homeowners are leaving $1 billion dollars on the table | CNBC | June 22, 2017
CNBC | June 22, 2017
Falling mortgage rates and rising home values are a tasty combination for homeowners, but millions are not biting.
The Importance of Home Equity in Retirement Planning | KeepingCurrentMatters | June 22, 2017
KeepingCurrentMatters | June 22, 2017
We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over th...
How time in England shaped 'the woman who built Beijing' | CNBC | June 22, 2017
CNBC | June 22, 2017
Despite having carved out a career in Chinese real estate, Zhang Xin's most formative years were spent in the U.K.
5 easy home upgrades that will make your house sell faster — and get you a higher sale price | CNBC | June 21, 2017
CNBC | June 21, 2017
Want easy and quick ways to upgrade your home? Here are 5 from Mic that will sell your home faster and get a higher price, Mic reports.
Divide widens between housing haves and have-nots | CNBC | June 21, 2017
CNBC | June 21, 2017
The median price of an existing home sold in May set a record high, but it's not the price itself that is so stunning.
May existing home sales up 1.1% | CNBC | June 21, 2017
CNBC | June 21, 2017
CNBC's Diana Olick reports the latest read on existing home sales.
Existing home sales unexpectedly rise 1.1% in May | CNBC | June 21, 2017
CNBC | June 21, 2017
Economists were expecting existing home sales in May to fall by 0.5 percent, according to Thomson Reuters consensus estimates.
Mortgage applications hold steady along with rates | CNBC | June 21, 2017
CNBC | June 21, 2017
Total mortgage application volume rose 0.6% on a seasonally adjusted basis from the previous week.
The Supply & Demand Problem Plaguing New Construction | KeepingCurrentMatters | June 21, 2017
KeepingCurrentMatters | June 21, 2017
Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory wo...
Chairman of major Chinese developer Vanke is stepping down, and shares are jumping | CNBC | June 20, 2017
CNBC | June 20, 2017
The founder and chairman of developer China Vanke, Wang Shi, will step down from the board after a long power struggle over the company's ownership.
These are the 25 most expensive cities for expats | CNBC | June 20, 2017
CNBC | June 20, 2017
An annual cost of living survey from human resources firm Mercer takes a look at which cities are the most expensive for the expat community and just how far your money will get you.
Former Home Depot CEO has a stern message for retailers looking to compete with Amazon | CNBC | June 20, 2017
CNBC | June 20, 2017
Bob Nardelli, former chairman and CEO of Home Depot, discusses why Home Depot can survive the retail wreck as the sector takes another hit today.
How the creators of Houzz turned their home remodeling nightmare into an online empire | CNBC | June 20, 2017
CNBC | June 20, 2017
This 2017 CNBC Disruptor 50 company is an online marketplace and community for homeowners, designers and contractors.
The US cities where million-dollar homes are surging | CNBC | June 20, 2017
CNBC | June 20, 2017
Realtor.com ranked more than 900 metro areas by their rate of increase in million-dollar listings over the last three years, Curbed reports.
Do You Know How Much Equity You Have in Your Home? | KeepingCurrentMatters | June 20, 2017
KeepingCurrentMatters | June 20, 2017
CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are ...
Land & Buildings' Litt: Hudson's Bay needs to go private or re-develop real estate | CNBC | June 19, 2017
CNBC | June 19, 2017
Jonathan Litt, Land & Buildings founder and CIO, discusses the real estate activist's 4.3% stake in Saks parent company, Hudson's Bay.
Meet Jonathan Litt, the real estate investor pushing retailer Hudson's Bay to change | CNBC | June 19, 2017
CNBC | June 19, 2017
Litt is better known in real-estate circles than retail ones, but that's not stopping his activist campaign at Hudson's Bay.
All-America Survey: Economic optimism near all-time high | CNBC | June 19, 2017
CNBC | June 19, 2017
In CNBC's exclusive All-America Economic Survey, Steve Liesman reports 30-percent of Americans are upbeat about the economy.