Real Estate

Germany’s housebuilding sector is in a 'confidence crisis' as the economy struggles

Real Estate CNBC - February 23, 2024 - 8:10am
Germany’s housebuilding sector has gone from bad to worse in recent months as it is in a "confidence crisis," one CEO says.
Categories: Real Estate

Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting

Real Estate CNBC - February 22, 2024 - 3:04pm
Sales of previously owned homes rose in January, boosted by lower mortgage interest rates of November and December.
Categories: Real Estate

'Who's going to do that?': Trump faces hurdles in securing appeal bond for fraud case

Real Estate CNBC - February 21, 2024 - 5:58pm
Donald Trump plans to fight the massive fine he received in his New York business fraud case. But first, he has to secure a bond — and that might not be easy.
Categories: Real Estate

With mortgage rates remaining high, renting is less expensive than buying

Real Estate CNBC - February 21, 2024 - 4:03pm
While both housing and rent prices have outpaced wage growth in most areas, renting can be less expensive in most markets.
Categories: Real Estate

52% of Black Americans say homeownership is a mark of success, report finds. But it can conflict with other goals

Real Estate CNBC - February 21, 2024 - 12:35pm
While homeownership is a path to build wealth, a mortgage payment and other housing-related expenses can cause financial strain.
Categories: Real Estate

Mortgage demand takes a massive hit as interest rates cross back over 7%

Real Estate CNBC - February 21, 2024 - 9:07am
Applications for a mortgage to purchase a home fell 10% last week as interest rates surged to the highest level since early December.
Categories: Real Estate

Guaranteed Rate Supports Home Affordability with Public-Partnered Grants

RisMedia Consumer News - February 20, 2024 - 4:34pm

Mortgage servicer Guaranteed Rate is expanding its Fannie Mae and Freddie Mac-backed mortgage products. The company cites this move as demonstrating its “proven commitment to supporting housing affordability.” The HomeReady (offered by Fannie Mae) and Home Possible (administered by Freddie Mac) mortgage grant programs offer a $2,500 non-repayable grant. The grants are part of a…

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Categories: Real Estate

More Black women are becoming homeowners — it doesn’t mean it's easier, economist says

Real Estate CNBC - February 20, 2024 - 3:32pm
While Black women in the U.S. are outpacing Black men as homebuyers, buying still isn't easy. Here are a few hurdles that affect homeownership for Black women.
Categories: Real Estate

Strong earnings and an online advertising play by Walmart have us wondering about Costco

Real Estate CNBC - February 20, 2024 - 2:53pm
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Categories: Real Estate

2 out of 5 industrial stocks are at record highs. Here's our post-earnings outlook on all of them

Real Estate CNBC - February 18, 2024 - 11:01am
Earnings season was not perfect for our industrial-focused portfolio companies, but we're feeling pretty good about their prospects.
Categories: Real Estate

Trump ordered to pay $454 million in fines and interest in NY business fraud case

Real Estate CNBC - February 17, 2024 - 9:38am
The fraud trial ruling comes as Donald Trump seeks the Republican presidential nomination, setting up a likely rematch with President Joe Biden.
Categories: Real Estate

Mortgage rates shoot to 2-month high after new report shows inflation is still hot

Real Estate CNBC - February 16, 2024 - 3:48pm
The average rate on the 30-year fixed mortgage jumped to 7.14%, according to Mortgage News Daily. That is the highest level in two months.
Categories: Real Estate

Consumer Sentiment Continues to Warm in February

RisMedia Consumer News - February 16, 2024 - 11:32am

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel…

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Categories: Real Estate

People are moving out of cities with poor air quality — but many end up facing other climate risks

Real Estate CNBC - February 16, 2024 - 10:45am
Renters and homeowners are beginning to factor climate risks into moving decisions. Yet, affordability remains the deciding factor.
Categories: Real Estate

The Role of Location on Property Valuation

RisMedia Consumer News - February 15, 2024 - 4:29pm

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value. From the impact of school districts and crime rates…

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Categories: Real Estate

A Comprehensive Guide to the Pros and Cons of Buying Used Appliances

RisMedia Consumer News - February 15, 2024 - 3:35pm

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

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Categories: Real Estate

Economists Weigh in on the Future of First-Time Buyers

RisMedia Consumer News - February 15, 2024 - 12:48pm

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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Categories: Real Estate

Mortgage rates surge higher again, causing homebuyers to pull back

Real Estate CNBC - February 14, 2024 - 2:00pm
Mortgage rates are rising sharply again, causing mortgage demand to drop.
Categories: Real Estate

Black Americans still face 'disproportionately steep hurdles' to homeownership, expert says

Real Estate CNBC - February 14, 2024 - 9:30am
While homeownership remains out of reach for many Black people in the U.S., there are two things buyers should do to increase their chances.
Categories: Real Estate

What the Year of the Dragon means for businesses, according to Maybank's fengshui report

Real Estate CNBC - February 13, 2024 - 8:41pm
Maybank Investment's fengshui report for 2024 takes a look at which sectors will outperform and which will face headwinds in the Year of the Dragon
Categories: Real Estate