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Updated: 2 hours 1 min ago
Buyers of newly built homes can face a property tax surprise. Here's why
Newly built homes often come with a buffet of perks from the building company. However, first-time owners often face a property tax shock after the first year.
Categories: Real Estate
$1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
There are 550 American cities where the typical home is valued at $1 million or more, a new record high, according to a new analysis by Zillow. Here's why.
Categories: Real Estate
KKR says China's real estate correction may only be halfway done
China's real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Categories: Real Estate
Here's what tenants need to know about Biden's plan to cap rent hikes for some affordable housing units
The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country.
Categories: Real Estate
Weekly mortgage demand remains stalled, as interest rates stay stubbornly high
Mortgage rates didn't move much last week, and for the second week in a row, neither did mortgage demand.
Categories: Real Estate
Housing 'affordability has just totally collapsed,' economist says
February 2021 was the last month when households earned more money than they needed to afford a home. While the deficit shrunk, costs remain high for buyers.
Categories: Real Estate
Here's what upgrading to a nicer home could cost you, and why it's locking up the market
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% more expensive home.
Categories: Real Estate
Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro
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
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
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
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
Vacation home co-ownership platform Pacaso expands to lower-priced listings
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'
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
As Trump's $454 million fraud judgment deadline looms, son Eric gripes 'they want to bankrupt him'
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
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
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
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
Weekly mortgage demand drops as interest rates rise again, but Fed announcement will be key for spring market
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
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
Inventory rose 5.9% year over year to 1.07 million homes for sale at the end of February.
Categories: Real Estate
