Real Estate News

Housing recovery suffers, but don't blame the millennials | CNBC
CNBC | August 21, 2017
The housing recovery is suffering partly because baby boomers aren't downsizing as they used to--it's getting too expensive.
Central London house prices slip further but recovery seen later this year | CNBC
CNBC | August 21, 2017
Asking prices in central London slipped by nearly 3 percent in August, according to the property portal, Rightmove.
Why Is It Important to Use a Professional to Sell Your Home? | KeepingCurrentMatters
KeepingCurrentMatters | August 21, 2017
When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold.
Gary Cohn faces worst career investment dilemma | CNBC
CNBC | August 18, 2017
Gary Cohn is facing the most difficult investment dilemma of his career, writes Reuters.
Christie Brinkley to sell $50 million worth of Hamptons' real estate | CNBC
CNBC | August 18, 2017
Supermodel Christie Brinkley is selling not one, but two historic estates in the Hamptons.
58% of Homeowners See a Drop in Home Values Coming | KeepingCurrentMatters
KeepingCurrentMatters | August 17, 2017
According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years.
Sellers: Your Home is an Oasis in an Inventory Desert | KeepingCurrentMatters
KeepingCurrentMatters | August 16, 2017
First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand!
Mortgage rates drop to lowest since election, but borrowers barely budge | CNBC
CNBC | August 16, 2017
So many people have already refinanced at rock-bottom rates that the pool of potential applicants is shrinking.
July housing starts down 4.8% vs. up 0.4% est. | CNBC
CNBC | August 16, 2017
CNBC's Rick Santelli, reports on last month's weak housing data.
US housing starts, permits fall unexpectedly in July | CNBC
CNBC | August 16, 2017
U.S. home building unexpectedly fell in July as the construction of single- and multi-family homes declined.
Cramer: Here's why the market is still sky-high despite Trump's troubles | CNBC
CNBC | August 16, 2017
Jim Cramer says U.S. businesses are making money because the four walls of the spreadsheet are more powerful than the four walls of the White House.
Homebuilder sentiment soars on strong sales | CNBC
CNBC | August 15, 2017
U.S. homebuilders bounced back from recent funk, as current sales and sales expectations leaped forward.
Asia's worst-performing currency may get even weaker, but its central banker isn't worried | CNBC
CNBC | August 15, 2017
The Philippine peso has tumbled to fresh 11-year lows, but the country's policy makers said that heralded good tidings.
As housing affordability weakens, more buyers are left out in the cold | CNBC
CNBC | August 15, 2017
The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes.
Homeowner’s Net Worth Is Still Greater Than a Renter’s | KeepingCurrentMatters
KeepingCurrentMatters | August 14, 2017
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). 
Homebuyers put less and less skin in the game, adding to the market's overall risk | CNBC
CNBC | August 14, 2017
Homebuyers are increasingly opting to put less money down when purchasing their homes.
China just revealed a whole series of disappointing news about its economy | CNBC
CNBC | August 13, 2017
China is set to report industrial production for the month of July on Monday at 10 a.m. SIN/HK as market watchers keep their eyes on the world's second largest economy.
Invitation Homes to be largest US landlord on Starwood-Blackstone deal | CNBC
CNBC | August 11, 2017
Barry Sternlicht, Starwood Capital Group chairman & CEO, discusses the decision behind the deal creating the country's largest single-family home rental company with the merger of Starwood Waypoint and Blackstone's Invitation Homes.
Toys R Us to return to Times Square — but just for the holidays | CNBC
CNBC | August 10, 2017
After two years, retailer Toys R Us is coming back to Times Square this holiday season.
Hey, Millennial Homeowners!! It May Be Time to Sell | KeepingCurrentMatters
KeepingCurrentMatters | August 10, 2017
Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise.
Blackstone's Invitation Homes to buy Starwood Waypoint, creating a $11B single-family rental company | CNBC
CNBC | August 10, 2017
Invitation Homes said on Thursday it would buy Starwood Waypoint Homes in an all-stock deal that would create a $11 billion U.S. single-family rental company.
Millennials are wasting home down payments on bachelor blow outs | CNBC
CNBC | August 10, 2017
Millennials spend thousands on bachelor parties, which can cut into other purchases.
Planet Fitness stock near record high, real estate 'gains' without 'retail pains' | CNBC
CNBC | August 10, 2017
Executives of the low-cost gym chain pointed to its appeal to casual exercisers and ability to snap up vacant swaths of retail real estate.
Housing Inventory Hits 30-Year Low | KeepingCurrentMatters
KeepingCurrentMatters | August 09, 2017
Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. Homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home that will better fit their needs.
Drop in rates boosts weekly mortgage applications 3 percent | CNBC
CNBC | August 09, 2017
A drop in interest rates drives homeowners and homebuyers to the mortgage market.
Canadian cities are enjoying ‘unprecedented’ success in the Trump era | CNBC
CNBC | August 09, 2017
Canada's tech scene is in the spotlight, but its urban policy may be key to future success, Curbed reports.
Shares jump 36% for major Chinese conglomerate unit on news of $1 billion deal | CNBC
CNBC | August 09, 2017
China's Wanda Hotel Development said it will undergo a restructuring involving over $1.05 billion worth of assets.
San Francisco street sells for $90K. Neighbors aren't happy | CNBC
CNBC | August 08, 2017
Some of the extremely wealthy residents of Presidio Terrace were not aware their street was up for sale and are not pleased it has been sold.
From New York to Vegas: Trump's real estate deals with shell companies | CNBC
CNBC | August 08, 2017
Since Trump won the Republican nomination, 70% of his companies' real estate sales are to secretive shell companies, USA Today reports.
Wealthy San Francisco neighborhood sells street for $90,000 | CNBC
CNBC | August 08, 2017
CNBC's Aditi Roy reports how one couple bet big on an auction of a private street in San Francisco.
93.9% Of Homes in The US Have Positive Equity | KeepingCurrentMatters
KeepingCurrentMatters | August 08, 2017
CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year. The study also revealed that: Roughly 63% of all homeowners have seen their equity increase since Q1 2016 […]
Wealthy residents in shock as San Francisco street sells for $90,000 | CNBC
CNBC | August 08, 2017
One savvy investor has bought up a whole street in the city's most exclusive neighborhood for a mere $90,000.
USA TODAY is tracking Trump's real estate deals. You can help. | CNBC
CNBC | August 08, 2017
Since winning the Republican nomination, President Trump's businesses have sold at least 32 luxury condos and home lots for about $20 million to shell companies that shield the identities of buyers.
A couple bought one of the most exclusive streets in San Francisco for $90,000 | CNBC
CNBC | August 08, 2017
A Bay Area couple bought San Francisco's Presidio Terrace for a mere $90,000 at a little-known auction and is considering charging residents to park.
How China's billion savers embarked on a household debt binge | CNBC
CNBC | August 07, 2017
With property the only reliable investment channel in China, leverage and risk in the country are growing.
Trump-tied company gets Macau approvals for fresh trademarks in casino enclave | CNBC
CNBC | August 07, 2017
Macau granted a Trump-tied company additional trademarks, including for casino services, to develop the Trump brand there.
The future of work — what the office of tomorrow could look like | CNBC
CNBC | August 07, 2017
Employees' needs are changing and offices must combine work and leisure in order to attract the best talent.
Office co-working space unicorn WeWork revs up global expansion plans with Singapore acquisition | CNBC
CNBC | August 07, 2017
The company, valued at $20 billion, announced the acquisition of Singapore-based co-working firm Spacemob, says Christian Lee from WeWork Asia.
Stop with the retail apocalypse: Mall, shopping center landlords are tired of industry chatter | CNBC
CNBC | August 07, 2017
A slew of REITs has offered a much-anticipated checkup on the health of retail's real estate.
5 things you absolutely shouldn't bring to your college dorm | CNBC
CNBC | August 04, 2017
College students and their parents often over-pack for school. Here are 5 items to avoid.