Real Estate News
Real Estate
Buying a home: Why it's harder for younger generations than their parents
A report by the Urban Institute estimates 3.4 millennials would be homeowners had the rate of homeownership kept up with previous generations. Read Article
Another record low mortgage rate just caused demand to jump for both refinances and home purchases
Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage applications to rise. Read Article
A record 19.4 million homeowners can now save big on a mortgage refinance, as rates hit another new low
Homeowners now have unprecedented potential to save on their monthly payments through a mortgage refinance. Read Article
Home prices see biggest spike in 6 years in September, according to S&P Case Shiller
Covid-induced demand from homebuyers over the summer caused an exceptionally strong spike in home prices Read Article
Former subprime player claims he can now short the mortgage market for climate and Covid risks
Climate change and Covid are creating huge risks for widespread defaults on home loans. Read Article
Trump International Hotel Washington DC sale put on indefinite hold
The Trump Organization hired Jones Lang LaSalle to shop the hotel to potential buyers last fall hoping for a price of about $500 million. Read Article
12 million Americans set to lose unemployment benefits by year's end
Unemployment benefits will terminate for millions of workers at the end of the year, just as rent and student loan protections lapse, absent federal extensions. Read Article
October existing home sales see 'spectacular' 26.6% annual gain even with short supply and surging prices
Sales of existing homes in October soared well past expectations, rising 4.3% compared with September and 26.6% annually. Read Article
Mortgage demand from homebuyers surges after election pause
November is not historically a strong season for homebuying, but this one, like the rest of 2020, isn't following any rules. Read Article
$160 million mansion will be the most expensive ever auctioned
The nine-acre estate, called Villa Firenze, will be sold to the highest bidder by Concierge Auctions next month. Read Article
