Here is the latest Real Estate News from CNBC.
Brexit vote created free money for US homeowners: Why banks can’t keep up
A drop in mortgage interest rates after the Brexit vote has borrowers rushing to the bank, some hoping to cash in.
Apartment market ‘increasingly jittery’ for investors
Rents are soaring and demand for apartments is historically high, but some developers are overestimating the market.
Pending home sales eked out 0.2% gain in June
A big bump higher in June home sales failed to materialize as expected, because buyers were met with little supply of listings.
How Pokemon and Trader Joe’s can help sell your home
If there’s a Trader Joe’s or an NFL stadium nearby, your home may be worth more.
Mortgage applications to buy and refinance drop 11%
Interest rates are rising and so are home prices. That is putting pressure on borrowers and buyers alike.
Food is ruling retail real estate, and food trucks are moving in
E-commerce may be driving consumers away from shopping centers, but food is pulling them back in.
Americans will soon spend $321 billion fixing up their houses
Home equity is back, and headed for the bathroom, or the kitchen, or wherever homeowners see the greatest returns.
Green light for Carney? Why construction industry may need stimulus
Monetary stimulus may be needed to prevent a slump in U.K. construction following the Brexit vote.