News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Housing demand drops despite falling mortgage rates

CNBC's Diana Olick reports on the drop in housing demand despite falling mortgage rates. Read Article

Thu, 13 Dec 2018 11:03:00 PST

Homebuilders are not getting a bump from lower mortgage rates

Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. Read Article

Thu, 13 Dec 2018 07:30:00 PST

Democratic state senator blasts Amazon's HQ2 as a PR scam, saying 'New York fell for it'

"I don't think it's worth providing $3 billion and setting a precedent" for other companies to pick the city's pockets, state Sen. Michael Gianaris says. Read Article

Wed, 12 Dec 2018 14:04:00 PST

These rental suites double as American-made showrooms, but it was tough finding a toaster

Patrick Flynn launched GoLocal Suites, which provides fully furnished rental suites where nearly everything inside is made in America. Read Article

Wed, 12 Dec 2018 10:14:00 PST

This map shows where Americans are struggling to repay their car loans

A new map by the Urban Institute traces auto delinquency rates in counties across the U.S. Read Article

Wed, 12 Dec 2018 05:05:00 PST

Mortgage applications rise 1.6% as interest rates drop to lowest level since September

December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. Read Article

Wed, 12 Dec 2018 04:00:00 PST

Homeowners are seeing the smallest equity gains in two years

The drop in equity gains has been sharpest in the third quarter of this year. In fact, after hitting a record high, the amount of tappable equity fell quarter to quarter for the first time since the housing recovery began. Read Article

Mon, 10 Dec 2018 08:56:00 PST

A new study shows 89 percent of millennials want to be homeowners—but this keeps them back

A new study from Apartment List highlights the overall feelings millennials have towards purchasing a home. Read Article

Sat, 08 Dec 2018 12:28:00 PST

US mall owners have been slow to change for years. But now they're trying to embrace it

As 2018 comes to an end, it's been announced that more than 146 million square feet of retail space will be shut across the U.S. in malls and shopping centers, according to real estate research group CoStar. Read Article

Fri, 07 Dec 2018 11:49:00 PST

Co-working space operator: Localization is very important

Kong Wan Sing, CEO of JustCo, says real estate is a "very localized business," and the company has local teams in the cities it operates in. Read Article

Thu, 06 Dec 2018 18:59:00 PST