Here is the latest Real Estate News from CNBC.
Iran to splash up to $8B on global property: Study
Iranians will spend up to $8.5 billion on overseas real estate over the next five-to-10 years following the lifting of sanctions, a report has said.
Mortgage applications drop 3.3% on fewer refinances
Higher interest rates pushed mortgage refinancing activity down further, and home buying isn’t picking up the slack.
Home builder sentiment sits tight at 58
Confidence among the nation’s home builders held steady in March.
Real estate’s ticking bomb: Who gets hurt
Commercial real estate had a banner year in 2015, but there’s a catch that could cool the market quickly.
Million dollar homes: Rent vs buy edition
CNBC goes to four cities, highlights two properties in each: A $1 million rental and a $1 million dollar. Which comes out on top?
Mortgage applications eke out 0.2% gain
A growing divide in the mortgage market has emerged between refinance applications and those needed to purchase a home.
‘Brexit’ fears may hit London’s property market
The U.K.’s upcoming vote on whether to remain in the European Union could hit the housing market – particularly in super-expensive London.
Guess who’s moving to the ‘burbs? Millennials, really
Millennials are buying less in cities, and turning their interests to the suburbs, says the National Association of Realtors.
Why aren’t you refinancing your mortgage?
Nearly 7 million homeowners are paying more than they have to by not opting to refinance their mortgages.
Housing the loser in February jobs report
Dig into the monthly jobs numbers, and you hit a pretty negative one: Wage growth, or lack of it. Here’s how it hits housing.
Home flipping reaches 10-year high: What it means
Nearly 180,000 family residences were flipped in 2015, according to RealtyTrac, the highest level in 10 years.
Mortgage applications fall 4.8%, despite rate drop
Low mortgage rates are no longer a novelty, hence no longer a sudden incentive for mortgage borrowers.
Stock market swoon stalls luxury home sales
Stock volatility is showing up in high-end housing. But as with all things real estate, the impact depends on location.
What homeowners tell us about Super Tuesday vote
A new Trulia study shows how homeowners in the 12 Super Tuesday states have fared since the last election.
Ouch! New home sales fall sharply in January
New U.S. single-family home sales tumbled in January from a 10-month high as sales in the West region plunged.
Mortgage applications down 4.3%; refinancing falls
A very slight inch higher in interest rates caused a more than slight drop in mortgage application volume.
Owners clueless about home equity: Study
Despite a solid recovery in home prices, a surprising number of homeowners don’t realize what they’ve gained, says loanDepot.
House flipping: Deja vu all over again
Since the crash, house flipping has remained stable overall … with two exceptions. Read where houses are being churned.
Builder sentiment falls 3 points as buyers retreat
Higher costs for land and labor are casting an even bigger chill over homebuilders than the brutal February weather.
Refinancing pushes mortgage applications 8.2% higher
Applications to refinance mortgages are now at the highest level in over a year.
Spring housing season kicks off with short supply
The spring homebuying season has begun with not have a whole lot to choose from.
Cooling ahead for high-end San Fran real estate
As technology stocks slide, real estate agents say the clamor for high-end homes in San Francisco has quieted.
Mortgage rates could cross a record low
As investors flood the bond market, mortgage rates could hit a new low, just in time for spring buying season.
America’s emptiest and fullest cities
A new list from RealtyTrac reveals the U.S. cities with the most and least vacant homes. Check it out.
Warmer temps no help: Pending home sales slide
Warmer-than-normal temperatures across much of the nation did nothing to heat up home sales in November.
After strong summer, Tampa home sales slow
Closed sales dropped 1.7 percent in Tampa, Florida, in November compared to November 2014, as inventory fell over 7 percent.
China slowdown to hit luxury real estate
A new report suggests that China’s economic slowdown is pinching luxury real estate globally.
Manhattan real estate prices shatter records
The average apartment price in Manhattan hit a record $1.95 million in 4Q, as high-end real estate defies volatile stock markets.
Why people are flocking to Oregon
If it’s cheaper, they will come. That thinking has been behind a major real estate boom in Oregon. But can it last?
Mortgage applications plunge after Fed hike rush
A Fed rate hike pulled mortgage demand forward, and made for a steep drop-off in the past two weeks.
Lock in now! Stock sell-off sinks mortgage rates
You may be losing your shirt in the stock market this week, but you could get a leg up on your home loan.
China stock swoon could boost US real estate
China nearly quadrupled its U.S. real estate play in a year. As China’s economy and stock market spiral, will that help or hurt here?
Why homeowners are leaving billions on the table
More than 5M borrowers could qualify and benefit from a mortgage refinance, according to a new report.
Apartment vacancies rise for first time in 6 years
High rents and falling vacancies have characterized the U.S. apartment market for the past six years, but that is suddenly changing.
Mortgage applications rebound 21%: Here’s why
The sharp drop in mortgage activity over the holidays was clearly temporary.
Rates drop ahead of big house-hunting weekend
The plummeting stock market is giving potential homebuyers an unexpected boost, in the form of lower mortgage rates.
Homebuilder sentiment stalls at 60 in January
Homebuilders may be reconsidering their bullish projections as a monthly survey of sentiment held steady in January.
Weekly mortgage applications pop 9% on stock sell-off
The sell-off in the stock market was a boon to the mortgage market last week, driven by refinances.
Celebrity chefs feed Cleveland real estate
Restaurants and hot chefs are the new development magnets, especially for millennials.
Need someone to plow the snow? Just click!
Plowz & Mowz, an on-demand plowing and mowing company founded by two college buddies, is hoping to take advantage of this winter’s snowfalls.
December home sales rebound? Here’s the secret
The robust rebound in existing homes sales in December had everything to do with this.
Why one builder thinks cheaper homes work
Executives at largest homebuilder aren’t afraid to admit it: Cheap works. Its recent launch into the entry-level market is paying off.
Rent relief could be coming here
By the end of this year, rents may actually rise at a slower pace than incomes in many markets, according to Zillow.
CEO of warehouse REIT said he isn’t afraid of China
The CEO of the largest warehouse REIT in the U.S. brushed off concerns about China after reporting solid results.
Mortgage applications up 8.8% on lower rates
Defying expectations for the start of 2016, mortgage rates spiraled down further last week, spurring more applications.
China property sales growth to slump: Moody’s
Sales growth of properties in China will tumble this year as a result of slowing economic expansion and developers’ high debt levels, Moody’s has said.
Pending home sales rise just 0.1% in December
A lack of homes for sale is keeping buyers at bay. Signed contracts to buy existing homes remained essentially flat in December.
Owners cautiously taking cash out of homes
Homeowners are using refis to take cash out of homes, but are doing so, however, by pulling the most conservative amounts in history.
Mortgage applications drop 2.6%—think snow
Mortgage rates fell last week, but so did record amounts of snow across much of the East Coast. Here’s the connection.
Is homeownership worth it? Not in these cities
While homeownership has long been deemed the “American dream,” it may not actually make sense for younger Americans right now.
London garage seen selling for $261,000
A garage in London is set to be auctioned for $261,567 or more, as the escalation in real estate prices in the already expensive city continues.
Yours for $44M: Margaret Thatcher’s London home
The London home of one of Britain’s best-known prime ministers is on the market for £30 million ($43.5 million).
Building housing for grandma and the generations
Builders are making homes to accomodate multiple generations living together with specialty housing.
Wealthy borrowers behind 9.3% jump in new mortgages
A sharp drop in interest rates prompted more homeowners to refinance their mortgages, especially those with large loans.
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