Category: Real Estate

A sign is posted in front of a home for sale on July 14, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors. The sales count declined to a seasonally…

Topline Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence that the housing market downturn may have room to run as some experts worry about how the collapse will damage the broader economy. Key Facts Mortgage…

A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates fell slightly last week, but not enough to fuel any kind of recovery in consumer demand for home loans. Total mortgage application volume fell 2% from…

Today Glidden Paint announces that its 2023 Color of the Year is Vining Ivy, a “bluish-greenish-something-in-betweenish” tone that serves up versatile vibes, making it an on-trend addition to contemporary designs or a refined pop of color for those with more traditional taste. “Consumers are seeking to simplify in this post-COVID era, as the past two…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments: Oil’s decline is good news We want confirmation that inflation’s peaked Quick mentions: JNJ, LLY, LIN Disney’s real problem is its balance sheet 1. Oil’s decline is good news Stocks…

At times in its long history, the New Jersey waterfront setting of Port Imperial, across the Hudson River from Manhattan, has been highly sought for very different reasons. Early in the 20th Century, the port’s prime location along the river so near Midtown made it a prime place to establish humming manufacturing plants and busy…

A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images Builder sentiment in the market for single-family homes fell into negative territory in August, as builders and buyers struggle with higher costs. The National Association of Home Builders/Wells Fargo…

Late last year, a flood of cash from tech enthusiasts and corporate marketers ignited real estate prices in the metaverse. Alt-coin owners and CryptoPunk NFT collectors with stars in their eyes and cash in their pockets looked to justify soaring prices by buying properties near those of celebrities, many of whom were using the metaverse…

China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a residential complex under construction on Dec. 15, 2021, in Guizhou province. Costfoto | Future Publishing | Getty Images BEIJING — China’s real estate troubles could spill into other major sectors if the problems persist —…

Traditional design done well can give an estate instant gravitas. And that’s what this newly built home in Montecito has. The two-story has a timeless elegance that makes it looks as though it is truly rooted in the Southern California coastal enclave, which evolved over more than a century from a popular spot for wealthy…

Thinking about buying a home? Now could be a good time to do it. The current average 30-year fixed rate mortgage as of Aug. 11, 2022 was 5.46%, according to BankRate’s analysis. Although that rate is lower than July’s average rate of 5.73%, it remains much higher than Aug. 12, 2021’s average rate of 2.87%…

Marilyn Monroe lived in many homes during her glamorous career. For her, homeownership seemed to carry more weight than her three marriages during her short lifetime. Famous for playing “blonde bombshell” characters in comedies such as Some Like it Hot and Gentlemen Prefer Blondes, she became one of the most popular sex symbols of the…

In this article CAPN-SG Real estate investors are now being “careful and prudent” about deploying capital in the face of growing economic uncertainty around the world, said leading Singaporean property investment manager CapitaLand Investment.  Its half-year financial results on Thursday revealed that CapitaLand Investment’s profit fell 38% to $433 million Singaporean dollars ($316 million) for…

With the Atlantic coastline, a river and islands, Norwalk, Connecticut, has much to offer in terms of natural beauty. There are also Greek, Scottish and oyster festivals; lighthouses, museums and an aquarium. Its history runs deep. This renovated residence in the Shorehaven area of East Norwalk sits on more than an acre along a quiet…

In this article F RKT A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. “It is absolutely magnificent what happened throughout those 15 years.” Between 2010 and 2019, just 708 new housing…

As July settles into August, the New York real estate market has settled into its own peculiar rhythm. During these endless, rainless, scorching summer days, serious buyers in certain price ranges have made their way through the still-limited inventory of desirable apartments and are making their decisions. This does not apply to the super-rich. Mostly…

An “Open House” sign at the Saratoga Homes Glendale Lakes community development in Arcola, Texas, on Tuesday, July 12, 2022. Mark Felix | Bloomberg | Getty Images After dropping at the end of July, mortgage rates moved higher on average again last week, but the daily moves were volatile. Mortgage demand was split, with gains…

In signs that housing inventory is seeing meaningful recovery, active listings rose in July at a record annual pace — up 30.7% — for the third month in a row, according to the Realtor.com Monthly Housing Trends Report released on Tuesday. Although buyers had more for-sale home options in July, competition remained largely in sellers’…

A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic, according to a monthly survey released Monday by…

Minority communities have been the hardest hit financially by the current spike in consumer prices and housing costs, with high percentages of Black, Latino and Native American families reporting serious financial problems and even threats of eviction, according to a survey published Monday by the Harvard T. H. Chan School of Public Health, NPR and…