Real Estate

Biden targets 'rent gouging' landlords as high housing costs factor into 2024 race

Real Estate CNBC - March 19, 2024 - 6:19pm
February's 0.4% rise in consumer prices was driven largely by housing and energy costs.
Categories: Real Estate

Revamping the Mortgage Process for a Fast-Paced World

RisMedia Consumer News - March 19, 2024 - 4:21pm

Above, Guaranteed Rate Senior Production Manager Mike Dye While the mortgage industry has traditionally focused on lenders’ needs and priorities, Guaranteed Rate has flipped the script by putting the interests of customers first.  “In the age of Amazon, society has conditioned us to want quick results. What we have effectively created together is a niche…

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Categories: Real Estate

Home prices rose 2.4 times faster than inflation since 1960s, study finds. What that means for homebuyers

Real Estate CNBC - March 19, 2024 - 2:12pm
While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found. Here's what that means for homebuyers.
Categories: Real Estate

How an AI program can design your dream home in seconds

Real Estate CNBC - March 19, 2024 - 8:00am
Vitruvius has been trained on building codes, building methods and structural engineering.
Categories: Real Estate

Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say

Real Estate CNBC - March 18, 2024 - 4:28pm
Donald Trump is challenging a New York business fraud judgment and defamation verdicts in favor of E. Jean Carroll as he campaigns against President Joe Biden.
Categories: Real Estate

Pros and Cons of Making Home Improvements Before Selling a House

RisMedia Consumer News - March 18, 2024 - 3:46pm

Selling a home is a significant decision involving many considerations. Among these, deciding whether to make improvements before listing the property is paramount. This decision can dramatically influence not only the sale price but also the speed and smoothness of the transaction. Understanding the pros and cons of home improvements before sale is essential for…

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Categories: Real Estate

The Federal Reserve may not cut interest rates just yet. Here's what that means for your money

Real Estate CNBC - March 18, 2024 - 2:07pm
The Federal Reserve is not expected to start cutting interest rates just yet. Here's what that means for your wallet.
Categories: Real Estate

Homebuilder sentiment turns positive for the first time since July

Real Estate CNBC - March 18, 2024 - 11:15am
Homebuilders are seeing better demand despite stubbornly high interest rates.
Categories: Real Estate

Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale

Real Estate CNBC - March 18, 2024 - 10:15am
Modular construction promises a faster, more sustainable solution to housing crises but it still sees wider adoption in some countries more than others.
Categories: Real Estate

The best time to sell your home — in 2023, listings in this period sold for $7,700 more, research finds

Real Estate CNBC - March 18, 2024 - 9:00am
While spring is known to be the season that kicks off the housing market, events from recent years have changed the trends, experts say.
Categories: Real Estate

Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts

Real Estate CNBC - March 16, 2024 - 3:04pm
Rudy Giuliani owes $148 million to two Georgia election workers who he falsely claimed tampered with 2020 election ballots.
Categories: Real Estate

Consumer Sentiment Dips Slightly in March

RisMedia Consumer News - March 15, 2024 - 11:20am

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The dip, however, is not any cause for concern, according to experts. Consumer sentiment decreased 0.5% in March, following a 0.8% increase in February and two large leaps back in January and December. “Consumer sentiment moved…

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Categories: Real Estate

Renters face a competitive spring market: What to know about 3 kinds of properties you may see

Real Estate CNBC - March 14, 2024 - 12:14pm
If you're considering entering the rental market this year, you might come across different property types available for rent. Here's what to consider.
Categories: Real Estate

Weekly mortgage demand jumps again as interest rates fall just below 7%

Real Estate CNBC - March 13, 2024 - 1:22pm
Mortgage demand surged higher for the second straight week, after the average rate on the 30-year fixed dropped below 7%.
Categories: Real Estate

New York AG questions Trump cash reserves as $464 million judgment looms

Real Estate CNBC - March 12, 2024 - 1:30pm
Donald Trump's finances could be strained by his other legal battles, including an $83.3 million penalty for defaming E. Jean Carroll, AG Letitia James argued.
Categories: Real Estate

Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates

Real Estate CNBC - March 12, 2024 - 11:54am
While mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing unaffordable for many, experts say.
Categories: Real Estate

Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates

RisMedia Consumer News - March 12, 2024 - 11:39am

The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported on March 12. It marked the biggest increase since last fall. Over the last 12 months, the all items index increased 3.2% before seasonal adjustment. After hitting a 40-year…

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Categories: Real Estate

Coastal land is sinking, doubling the potential damage from rising seas — here's why

Real Estate CNBC - March 12, 2024 - 11:10am
A new study shows that coastal communities may be more at risk from sea-level rise than previously thought.
Categories: Real Estate

Biden proposes $10,000 tax breaks for first-time homebuyers, 'starter home' sellers

Real Estate CNBC - March 8, 2024 - 5:01pm
President Biden has proposed a new first-time homebuyer tax credit.
Categories: Real Estate

Pimco's Sonali Pier lets her 'cautious contrarianism' speak for itself: The bets she's making now

Real Estate CNBC - March 7, 2024 - 11:39am
Sonali Pier is a portfolio manager at Pimco and leads the firm's Diversified Income Fund.
Categories: Real Estate