Real Estate

A realtor, at right, shows prospective buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Overall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Cash Pad – Season 1 2019 CNBC Media, LLC. After finding love on national television three years ago, JoJo Fletcher and Jordan Rodgers are returning to the big screen to star in their own home renovation show.  Fletcher, 28, and Rodgers, 30, first gained fame as the winning couple from season fourteen of the Bachelorette,

A potential home buyer reviews paperwork during an open house in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images U.S. home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was struggling to regain its footing since hitting a soft

A condo deconversion is a real estate transaction in which a savvy investor acquires an entire condo building through a bulk sale to turn into rentals. This investment trend has been seen in Florida and California for a number of years and is picking up steam in other coastal metros and even in the Midwest.

California developer Richard Lewis purchased the first Beverly West penthouse (‘The Entertainer’) for $21 million. Jim Bartsch for Beverly West Something big has crowned in Los Angeles. Emaar Properties, developer of Burj Khalifa (the world’s tallest building) and The Dubai Mall (the world’s largest shopping and entertainment destination) just unveiled the Penthouse Collection at Beverly

Flood waters cover a neighbourhood street after Tropical Storm Barry passed through in Mandeville, Louisiana on July 14, 2019. SETH HERALD | AFP | Getty Images Hurricane Barry dumped more than 23 in. of rain in places as it stormed up the Mississippi River Valley from Louisiana and Alabama to Arkansas and as far north

Hand drawing Karma Cycle concept with black marker on transparent wipe board. Getty Sometimes you put good money into a good normal stock and still reap negative profits. Perhaps it receives bad press for some unjustified reason. Perhaps a recession hits. Perhaps the CEO resigns unexpectedly. In that regard, I guess that karma doesn’t work

U.S. President Donald Trump tours his ‘Made In America’ product showcase at the White House July 15, 2019 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump’s allies in the business world and an army of bundlers have been courting executives across the country in an effort to help raise millions of dollars

The view from the rooftop at Ora Apartments, one of a number of multifamily buildings that have been added to the selection of residences in D.C.’s Kalorama Ora There’s a secluded spot in Washington, D.C. where the American business and political elite have crossed paths for generations. It’s a quiet, serene place where you might

Photographer | Collection | Getty Images Mayor of London Sadiq Khan has called for new powers designed to impose rent controls in the U.K.’s capital city. In a report released Friday, Khan said there needed to be a “fundamental overhaul” of the private rented sector in London. The mayor wants caps to be placed on

Millennial home buyers have become the largest cohort for home purchases, Adobe Stock A new report by CoreLogic, a leading property information and data provider, takes a deep dive into the evolution of the U.S. housing market during the nation’s longest economic expansion and touches on a burning question: Is a recession looming? The U.S.

A bipartisan bill that cleared the House last week would let first-time homebuyers pay a bit less at closing if they go through homeownership counseling. Called the Housing Financial Literacy Act, the measure would apply to first-time homebuyers who take out a mortgage backed by the Federal Housing Administration. Borrowers who go through the counseling

Mortgage rates might be at their lowest point in months, but they’re not doing much to help home builders. picture alliance via Getty Images Low mortgage rates should be giving home builders a leg up, but it seems the impact has so far been muted. According to a new sentiment survey from the National Association

A real estate agent with an ‘Open House’ sign in the front yard of a home for sale. Ty Wright | Bloomberg | Getty Images Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, caused a stunning drop in foreign demand for American homes. The dollar volume of

This is the season when nearly 100 million Americans will take a vacation, according to the Automobile Association of America, about half of them heading out on road trips. Nature is a top draw, with lodging in and near national and state parks often booking up months in advance. Vacation rentals from app-based platforms have

Workers install roof trusses on a home under construction in Vineyard, Utah, U.S., on Tuesday, March 12, 2019. George Frey | Bloomberg | Getty Images The nation’s homebuilders should be ecstatic, given the supply of existing homes for sales and falling mortgage rates. Instead, they continue to be just cautiously optimistic, due to several roadblocks

PARIS, FRANCE – SEP 28, 2018: Small Amazon parcel cardboard box against yellow background smile logo. Amazon Prime is the online paid subscription service offered by Amazon.com web-commerce site Getty Let’s talk a minute about a service that there’s a fairly decent chance you already use: Amazon Prime. Unless things have taken a drastic change

In real estate, there is no one-size-fits-all approach. Depending on your clients, you’ll have to cater to various budgets, needs and interests. This includes where they are in life: A couple or individual looking for their first home will have different wants than a family of five, or someone who intends to travel for large

Prospective homebuyers in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Competition in the housing market finally began to cool this year, as listings multiplied and price gains moderated. Bidding wars became less frequent and spring sales perked up a bit. Well, forget that. The heat is on yet again. The housing shortage that

There is no time like the present to prepare your home for a natural disaster. AFP/Getty Images As Tropical Storm Barry closes in on the Gulf Coast, possibly as a hurricane, the window of opportunity is shrinking for residents who don’t have a comprehensive disaster preparedness plan in place. In fact, a survey in June

Harrison Beacher, Keller Williams Realtor CNBC The dull days of summer may be over sooner than expected in the nation’s housing market. The supply of homes for sale, which had been increasing earlier this year, could turn lower again soon, and that will likely mean the return of bidding wars. Such battles had slowed dramatically

X Miami is among urban properties offering very small residences to those who seek an urban existence at lower cost. X Miami It’s no surprise big city life is increasingly favored by everyone from Millennials to empty nesting Baby Boomers. That’s helping make micro residential units increasingly popular options in cities from Seattle and Denver

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C.,  on Thursday, July 11, 2019. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell echoed what most in the homebuilding industry have been complaining about all year. While the nation sinks into a severe

All-season room on the fourth floor VHT Studios Retired Chicago White Sox manager Ozzie Guillén has put his Chicago home of the past eight years on the market for $2.5 million. Though Guillén treasures his contemporary multi-level home in the vibrant Bucktown neighborhood, he and his wife, Ibis, are ready to start a new chapter

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. Everett Rosenfeld | CNBC British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately

This home, designed by Alliance Green Builders, is one of the projects featured on the Rise platform. It is a two-story gut-remodel that achieved LEED Platinum in 2017 and is now operating Net Zero Energy due to the home’s high-performance. Alliance Green Builders Most people don’t own homes just to turn them over for a

A real estate agent shows a prospective home buyer a house for sale in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the

As a new or even seasoned investor, finding the best markets to invest in is crucial to long-term success. But what are the characteristics that define a market as among the best? Here are seven tips for all investors wanting to find the best real estate markets to invest in when it comes to rental

A woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, California. Paul Sakuma | AP In the D.C. suburb of Chevy Chase, MD, a massive apartment rental and condominium complex is going up, and apparently it can’t happen fast enough. Demand for rental apartments in and near cities across

To supplement a report on barriers to homeownership, housing finance researchers at the Urban Institute last year published a down payments quiz. They included six questions, such as, “What was the median down payment made in the US for mortgages used to buy a home in 2017?” And, “How many states have programs that can help