Real Estate News

Real Estate

Mortgage rates set yet another record low, but homebuyers pulled back

It almost doesn't sound like news anymore: Mortgage rates fell to another record low last week, and that reinvigorated refinance demand. Homebuyers, however, took a step back. Read Article

Wed, 15 Jul 2020 04:04:06 PDT

Hong Kong's property sector won't see a substantial impact from the national security law: Analyst

Nigel Smith of Colliers International says that the national security law is "creating a lot more questions" for firms in Hong Kong and some will be looking at their real-estate footprint in the territory. However, he predicts that few will reduce their square-footage or relocate. Read Article

Tue, 14 Jul 2020 19:50:02 PDT

How to play the homebuilder boom, according to this analyst

CNBC's Jon Fortt discusses the housing trade with John Lovallo of Bank of America Securities. Read Article

Tue, 14 Jul 2020 12:08:20 PDT

Tech companies are ending leases and consolidating offices as remote work is here to stay

Start-ups are letting leases expire, and bigger companies are downsizing in favor of smaller, satellite offices as employers prepare for a future of distributed work. Read Article

Mon, 13 Jul 2020 16:23:41 PDT

You might have a tough time getting a 'jumbo mortgage' during pandemic. Here's what to expect

Banks and lenders remain more cautious about making loans for home purchases or mortgage refinances that are higher than the government limits for so-called conforming loans. Here's how to find a "jumbo" loan and what the requirements may be. Read Article

Mon, 13 Jul 2020 12:13:03 PDT

Homebuilders just saw the strongest June sales since the last housing boom, as pandemic pushes more buyers to the suburbs

A sharp decline in the supply of existing homes for sale, increasing consumer preference for brand-new, high-tech homes with all the amenities for working and schooling, as well as an accelerating flight to the suburbs and exurbs, made for remarkable housing demand in June. Read Article

Mon, 13 Jul 2020 08:51:10 PDT

Apple to spend $400 million this year to fight California's housing crisis

It's part of a total $2.5 billion Apple says it will spend on the initiative over several years. Read Article

Mon, 13 Jul 2020 08:03:51 PDT

June new home sales spike as real estate market heats up

Real estate markets across the country are heating up and a new, exclusive report shows that June new home sales saw the biggest spike in nearly a decade. CNBC's Diana Olick reports. Read Article

Mon, 13 Jul 2020 07:53:10 PDT

Reverse mortgages may be helpful in retirement ... if you mind the pitfalls

Homeowners 62 or older can get cash from their home without selling, but here's what to know about a reverse mortgage before you sign onto this loan. Read Article

Mon, 13 Jul 2020 05:34:30 PDT

PropertyGuru explores Singapore's property buying sentiment in pandemic era

Access to financing and lower bank loan rates will be particularly critical to younger buyers in Singapore's property market, as the coronavirus pandemic continues to drive ongoing pricing uncertainty, says Hari Krishnan, CEO and managing director at PropertyGuru Group. Read Article

Mon, 13 Jul 2020 01:23:13 PDT