Real Estate

Investors can expect to see “decent” returns on home improvement stocks despite waning consumer sentiment in housing, analyst Alvaro Lacayo told CNBC on Thursday. “If you look at the average age of the U.S. housing stock you’re talking about 40 years plus,” the vice president of equity research at G.research said on “Power Lunch.” G.research
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Ever wish you could get away from it all? This four-story, 22-room, 8,000-square-foot castle for sale for $900,000 in the Nevada desert is one solution. “In a lot of ways, it’s a ‘doomsday prepper’ dream home…extremely self-sustaining, secure and — admittedly — quite odd,” Jake Rasmuson, who is marketing the property, tells CNBC Make It.
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After two weeks of sizable gains, mortgage demand cooled last week. Total application volume fell 2.7 percent compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 3.3 percent higher than a year ago. Refinances, which are highly sensitive to weekly interest rate moves, pulled the volume lower. Applications
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GettyGetty An Elliman quarterly report was recently published and it contains some shocking statistics about where the Manhattan residential real estate markets currently stands — and, more importantly, where it’s headed. Within the report I found five jaw-dropping statistics I believe all well-informed investors and buyers ought to know. Spoiler alert: Today, Manhattan is truly a buyers’ market,
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Henry Sy, chairman emeritus of SM Investments, one of the Philippines’ largest conglomerates, died Saturday morning, according to a statement from SM. Sy had topped the Philippines Rich List for eleven years in a row. His net worth was estimated at $19 billion at the time of his passing, making him the 53rd wealthiest person in
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U.S tennis players and sister’s Venus, and Serena Williams, right, arrive for the Pre-Wimbledon Party, at Kensington Roof Gardens in west London, Thursday June 21, 2012. (AP Photo/Joel Ryan)ASSOCIATED PRESS The co-owned, custom-built, dual-master wing and 3-security gate protected home belonging to tennis greats Venus and Serena Williams is now on the market for $2.695
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The presidency of Donald Trump has indirectly helped the real estate market in South Florida, Miami property magnate Gil Dezer told CNBC on Thursday. Dezer, who runs his billionaire family’s real estate empire, said prices of his firm’s Trump-branded properties in Florida have been pumped up by the president’s popularity there. “We shouldn’t forget that
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Mortgage demand continues to recover sharply, after ending last year in the basement. Total mortgage application volume rose 13.5 percent last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That is its highest level since February 2018 and came after a 23 percent jump the previous week. Volume
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We all know about the malware attacks on Iranian nuclear plants and Ukrainian power grids, but what if the next target was your ‘smart’ home, office, school or hospital? Researchers at enterprise security vendor ForeScout have warned that malware specifically targeting smart buildings is an inevitable next step given the rapidly expanding attack surface that
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Business dividends grow. Young businessman, shareholder standing at green and gold money tree, gathering company earnings and good corporate profit. Vector flat style cartoon illustrationGetty There’s intense market volatility. And then there’s real estate investment trusts (REITs) and dividend growth. Out of those possibilities, which do you think is making the most headlines? If you
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Major Asian real estate developer CapitaLand said on Monday it has entered into an agreement to buy two wholly owned units from Ascendas-Singbridge, a subsidiary of Singapore state investment firm Temasek, in a cash and stock deal. If the deal is approved, the new entity would become Asia’s largest diversified real estate group, according to
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In December 2018, Amazon made its long-awaited announcement of where its second headquarters location would be. Much to the competing cities’ surprise, the e-commerce giant chose to split “HQ2” between Long Island City, New York and Arlington, Virginia. Since the announcement, there’s been much speculation about the impact on the real estate and job markets
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