Real Estate News
Real Estate
The Fed is holding its rates near zero for now. Here's what it means for you
The Fed is sticking with its near zero rate policy for now, yet borrowing costs may start to edge higher anyway. Read Article
Google's $2.1 billion office building deal is latest sign of Big Tech's muscle in Manhattan market
Google's deal to buy a Manhattan building adds to the rapid growth of Silicon Alley, despite a rise in remote work and a decline in the New York office market. Read Article
Why renters are struggling so much now
The present troubles for renters are explained in large part by inequities that predate the Covid pandemic. Read Article
Existing home sales fall 2% as first-time buyers are priced out
The share of first-time buyers fell to just 29% of all sales, the lowest since January 2019. Read Article
Stronger mortgage demand points to September surge in home sales
Mortgage demand rose last week as more buyers came into the housing market. Read Article
Evergrande crisis will hurt China's economic growth, says former central bank advisor
A default by Evergrande will have minimal effect on the Chinese financial system, said Li Daokui, a former advisor at the People's Bank of China. Read Article
Rep. Bush, Sen. Warren introduce bill to reinstate federal eviction moratorium
The legislation from Cori Bush and Elizabeth Warren comes after the Supreme Court shot down a Biden administration eviction moratorium. Read Article
Google plans to buy New York office building for $2.1 billion
Google plans to buy a New York City office building for $2.1 billion, the company announced Tuesday. Read Article
China likely won't bail out Evergrande directly unless there's 'far-reaching contagion,' S&P says
Fears over a potential contagion from embattled developer China Evergrande Group dragged down the Hang Seng index in Hong Kong by more than 3% on Monday. Read Article
Banks consider climate risk for home loans, a process called 'underwaterwriting' or 'blue-lining'
Blue-lining is when banks or mortgage lenders draw lines of risk around certain neighborhoods and streets, often without clear disclosure. Read Article
