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Mortgage rates slingshot higher as tariff uncertainty roils markets

Real Estate CNBC - April 8, 2025 - 2:20pm
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.
Categories: Real Estate

Mortgage rates sink on tariffs, but housing costs are still near a record high

Real Estate CNBC - April 4, 2025 - 8:43am
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.
Categories: Real Estate

Baby Boomers Back on Top as Largest Percentage of U.S. Homebuyers

RisMedia Consumer News - April 2, 2025 - 1:44pm

Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the National Association of REALTORS® (NAR). NAR’s 2025 Home Buyers and Sellers Generational Trends Report found that baby boomers have overtaken millennials, reclaiming the top spot as the largest share of homebuyers, outpacing younger generations.  Millennials,…

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Categories: Real Estate

Manhattan's luxury real estate market sees best first quarter in six years

Real Estate CNBC - April 2, 2025 - 9:33am
Manhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%.
Categories: Real Estate

Mortgage rates and demand seem stuck in a holding pattern, as markets await tariff news

Real Estate CNBC - April 2, 2025 - 7:14am
Mortgage rates and demand have moved in a narrow range recently, as uncertainty over tariffs weighs on the markets.
Categories: Real Estate

Homeownership is 'an investment,' Maryland governor says. High prices mean fewer young adults can benefit

Real Estate CNBC - March 31, 2025 - 9:34am
Since 1980, median home prices have increased much faster than median household incomes, research finds. For some, that is putting homeownership out of reach.
Categories: Real Estate

Consumer Sentiment Drops Again, Across All Groups

RisMedia Consumer News - March 28, 2025 - 1:10pm

Consumer sentiment continues to take a serious tumble, with members of all political groups beginning to express worry and unease in their economic outlooks, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 57 for March, falling a whopping 11.9% from February’s 64.7 reading.…

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Categories: Real Estate

We're buying more shares of 2 stocks as the broader market sinks further

Real Estate CNBC - March 28, 2025 - 12:46pm
We're making a couple of small buys to take advantage of Friday's lower prices.
Categories: Real Estate

KB Home unveils its first 'fire-resilient' community in Southern California

Real Estate CNBC - March 28, 2025 - 9:41am
KB Home is the first large production builder to unveil a community designed to fire-resilient standards by the Insurance Institute for Business & Home Safety.
Categories: Real Estate

Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot

Real Estate CNBC - March 26, 2025 - 8:36am
Mortgage rates didn't move much last week, but demand from homebuyers for loans rose to the highest level in nearly two months. Rising inventory may be why.
Categories: Real Estate

Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says

Real Estate CNBC - March 25, 2025 - 4:27pm
The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie Mac.
Categories: Real Estate

Consumer Confidence Continues to Tumble; Expectations Hit 12-Year Low

RisMedia Consumer News - March 25, 2025 - 12:44pm

Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data from The Conference Board. The Consumer Confidence Index® fell by 7.2 points in March to 92.9, similar to the seven-point decrease seen last…

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Categories: Real Estate

These 10 Asian markets offer high returns on short-term rentals — half top $40,000 a year

Real Estate CNBC - March 24, 2025 - 11:26pm
Vacation rentals in Hakuba, Japan can bring in, on average, more than $60,000 a year in revenue for short-term rental investors, according to data company AirDNA.
Categories: Real Estate

Cramer is not bothered by near-term headwinds facing one of his favorite stocks

Real Estate CNBC - March 24, 2025 - 3:33pm
Jim Cramer believes Home Depot could be a major winner this year.
Categories: Real Estate

Tariff fears are raising construction costs by up to 20%, says Related Group CEO

Real Estate CNBC - March 21, 2025 - 11:16am
Related said the high end of the real estate market remains strong, especially in Florida.
Categories: Real Estate

China's property market edges toward an inflection point

Real Estate CNBC - March 20, 2025 - 9:56pm
UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing.
Categories: Real Estate

February home resales jump much more than expected, despite higher mortgage rates

Real Estate CNBC - March 20, 2025 - 3:39pm
The median price of a home sold in February was $398,400, up 3.8% from the same time last year.
Categories: Real Estate

World's largest sovereign wealth fund invests $740 million in London's Covent Garden

Real Estate CNBC - March 20, 2025 - 6:33am
Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.
Categories: Real Estate

Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more

Real Estate CNBC - March 19, 2025 - 2:06pm
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.
Categories: Real Estate

Here’s when to list your home for sale this spring — it could sell for up to $27,000 more, data shows

Real Estate CNBC - March 19, 2025 - 12:50pm
The spring housing market is a period of high homebuying and selling activity. Listing your home in early April could bring in extra cash, report finds.
Categories: Real Estate