Real Estate

Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro

cnbc real estate - 6 hours 20 min ago
One of the main drivers of high housing costs is low supply. Cities in this state are boosting supply, helping push rental prices down.
Categories: Real Estate

Mortgage demand stalls, even as interest rates moderate

cnbc real estate - March 27, 2024 - 5:00am
The usually busy spring housing market is underway, but mortgage demand isn't moving.
Categories: Real Estate

Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme

cnbc real estate - March 26, 2024 - 6:42pm
Two luxury apartments in New York allegedly were bought with proceeds from improperly awarded copper contracts related to a huge mine in Mongolia.
Categories: Real Estate

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up

cnbc real estate - March 26, 2024 - 12:40pm
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Categories: Real Estate

Consumer Confidence Sees Little Change in March

RisMedia Consumer News - March 26, 2024 - 9:47am

Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana…

The post Consumer Confidence Sees Little Change in March appeared first on RISMedia.

Categories: Real Estate

Vacation home co-ownership platform Pacaso expands to lower-priced listings

cnbc real estate - March 26, 2024 - 6:32am
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.
Categories: Real Estate

Biden campaign's latest broadside: A 'feeble' Trump is 'lying about having money'

cnbc real estate - March 25, 2024 - 4:18pm
The Biden campaign salvo came after a judge set a date for Trump's criminal hush money trial, and after another court cut his civil fraud bond to $175 million.
Categories: Real Estate

What Are the Benefits of a Modular Home?

RisMedia Consumer News - March 25, 2024 - 2:24pm

Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a preferred choice for many. If you…

The post What Are the Benefits of a Modular Home? appeared first on RISMedia.

Categories: Real Estate

As Trump's $454 million fraud judgment deadline looms, son Eric gripes 'they want to bankrupt him'

cnbc real estate - March 25, 2024 - 6:45am
Donald Trump is trying to hold off a massive New York fraud judgment as he seeks to unseat President Joe Biden from the White House in November's election.
Categories: Real Estate

Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers

cnbc real estate - March 25, 2024 - 6:30am
While price growth is moderating and inventory is improving, overall housing costs remain high, experts say. Here's what to expect.
Categories: Real Estate

China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms

cnbc real estate - March 25, 2024 - 12:28am
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.
Categories: Real Estate

Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds

cnbc real estate - March 21, 2024 - 2:35pm
Donald Trump is trying to avoid paying a $454 million business fraud judgment stemming from a lawsuit by New York Attorney General Letitia James.
Categories: Real Estate

Don’t Forget the Basics: How to Market a Home in a Seller’s Market

RisMedia Consumer News - March 21, 2024 - 1:08pm

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness…

The post Don’t Forget the Basics: How to Market a Home in a Seller’s Market appeared first on RISMedia.

Categories: Real Estate

Weekly mortgage demand drops as interest rates rise again, but Fed announcement will be key for spring market

cnbc real estate - March 21, 2024 - 12:42pm
Mortgage interest rates rose last week for the first time in three weeks.
Categories: Real Estate

What a $418 million settlement on home-sale commissions may mean for you

cnbc real estate - March 21, 2024 - 10:45am
The way people buy and sell homes in the U.S. could change this year due to a major class-action lawsuit. Here's what buyers and sellers should keep in mind.
Categories: Real Estate

February home sales spike 9.5%, the largest monthly gain in a year, as supply improves

cnbc real estate - March 21, 2024 - 10:40am
Inventory rose 5.9% year over year to 1.07 million homes for sale at the end of February.
Categories: Real Estate

Don't trust Trump's 'impossible' appeal bond claims, attorney general tells judges

cnbc real estate - March 20, 2024 - 2:59pm
Trump's lawyers "supply no documentary evidence that demonstrates precisely what real property they offered," to potential bond insurers, the AG's office wrote.
Categories: Real Estate

The Fed hasn't touched interest rates since July, but they're still moving. What that looks like for credit cards, mortgages and savings accounts

cnbc real estate - March 20, 2024 - 12:50pm
As markets look toward potential interest rate cuts in 2024 from the Federal Reserve, these five charts show how rates have fluctuated over the past 12 months.
Categories: Real Estate

The Federal Reserve holds interest rates steady, with no immediate relief for consumers from sky-high borrowing costs

cnbc real estate - March 20, 2024 - 12:25pm
As the Federal Reserve postpones rate cutting, here's what that means for your credit card, mortgage rate, auto loan and savings account.
Categories: Real Estate

Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing says

cnbc real estate - March 20, 2024 - 7:40am
Lawyers for Donald Trump contacted Warren Buffett's Berkshire Hathaway, Chubb and many others seeking an appeal bond for Trump's $454 million fraud judgment.
Categories: Real Estate