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Updated: 1 hour 48 min ago
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
Don't trust Trump's 'impossible' appeal bond claims, attorney general tells judges
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
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
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
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
Biden targets 'rent gouging' landlords as high housing costs factor into 2024 race
February's 0.4% rise in consumer prices was driven largely by housing and energy costs.
Categories: Real Estate
Home prices rose 2.4 times faster than inflation since 1960s, study finds. What that means for homebuyers
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
Vitruvius has been trained on building codes, building methods and structural engineering.
Categories: Real Estate