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

Weekly mortgage demand surges 11% as more homes hit the spring market

Real Estate CNBC - March 6, 2024 - 2:40pm
Mortgage demand surged back last week as the spring season kicked off with still higher mortgage rates.
Categories: Real Estate

Trump's best option to get $540 million for legal judgments could be 'clean' property with private lenders

Real Estate CNBC - March 5, 2024 - 6:01pm
Donald Trump has just a few weeks to put up more than $454 million in cash or bonds to stave off his collectors while he appeals his New York civil fraud case.
Categories: Real Estate

Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubled

Real Estate CNBC - March 4, 2024 - 2:29pm
The mansion is located in Stone Creek Ranch, a gated community that's home to billionaire hedge fund manager Steven Cohen and NFL star Khalil Mack.
Categories: Real Estate

The hottest housing markets for the super rich in 2024

Real Estate CNBC - March 1, 2024 - 5:37pm
One-quarter of the ultrawealthy people in the U.S. plan to buy a home this year, and they're increasingly venturing to the luxury real estate market overseas.
Categories: Real Estate

Britain to lead 2024 European real estate boom as international buyers eye opportunities, research says

Real Estate CNBC - March 1, 2024 - 2:05am
The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the strained property market.
Categories: Real Estate

What Are Seller Credits in Real Estate: the Assistance Buyers Often Need

RisMedia Consumer News - February 29, 2024 - 4:13pm

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final…

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Categories: Real Estate

36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it

Real Estate CNBC - February 29, 2024 - 3:10pm
Many homebuyers and sellers don't know they can negotiate real estate agent fees. Of those who try, a majority successfully lowered the fees. Here's how.
Categories: Real Estate

7% interest rates hit weekly mortgage demand hard

Real Estate CNBC - February 28, 2024 - 8:47am
Higher mortgage rates continue to hit demand from both current homeowners and potential homebuyers.
Categories: Real Estate

Hong Kong property stocks jump after city scraps cooling measures

Real Estate CNBC - February 28, 2024 - 2:59am
Financial Secretary Paul Chan announced that Hong Kong will scrap all buy-side property tightening measures for residential properties with immediate effect.
Categories: Real Estate

China's Country Garden gets liquidation petition from creditor

Real Estate CNBC - February 28, 2024 - 1:53am
Country Garden said it will oppose the petition "vigorously" and seek legal measures to do so. A court hearing will be held May 17.
Categories: Real Estate

Aspiring homeowners say they face two major obstacles to buying. Here's why 20% say it'll 'never' happen

Real Estate CNBC - February 27, 2024 - 4:43pm
Various factors make homeownership unaffordable for Americans. About half of aspiring homeowners blame two factors that further push away their goal.
Categories: Real Estate

COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims

RisMedia Consumer News - February 27, 2024 - 2:13pm

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…

The post COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims appeared first on RISMedia.

Categories: Real Estate

Here are this year's most competitive rental markets

Real Estate CNBC - February 27, 2024 - 1:26pm
Miami is the most competitive city in the nation for renters, but on a regional level, the Midwest ranks first for competition.
Categories: Real Estate

This startup claims its new homes will generate more energy than they use

Real Estate CNBC - February 27, 2024 - 12:43pm
Aro's homes incorporate energy-efficient systems and appliances with sustainable materials.
Categories: Real Estate

Navigating House Options During a Divorce

RisMedia Consumer News - February 26, 2024 - 4:50pm

Divorce is not just an emotional upheaval but also a time of significant financial and legal decisions. It’s especially true when it comes to shared housing. The marital home is often more than just an asset. It’s a repository of memories and dreams. Deciding what to do with it during a divorce can be particularly…

The post Navigating House Options During a Divorce appeared first on RISMedia.

Categories: Real Estate

Your home sale may leave you in a tax shock. Here's how to reduce your capital gains tax bill

Real Estate CNBC - February 24, 2024 - 10:00am
If you made a profit selling your home in 2023, that windfall could be subject to capital gains taxes. Here's what sellers need to know this season.
Categories: Real Estate

'If your parents are homeowners, you're more likely to be a homeowner,' housing expert says. Here's why

Real Estate CNBC - February 23, 2024 - 12:04pm
Several factors may affect your path toward homeownership — one may be your parents. Here are a few reasons why.
Categories: Real Estate