Real Estate

A for sale sign is posted in front of a home that is listed for over $1 million on April 29, 2022 in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates turned lower for the second straight week, but it wasn’t enough to boost demand for either new purchase loans or refinances, according

In this article JPM WFC High home prices aren’t the only reason behind dwindling homeownership in the U.S. Banks and financial institutions aren’t issuing enough small-dollar mortgages that help families with modest incomes to purchase a property. “It is particularly hard for people who are buying smaller houses with smaller mortgages to find a lender

Sales of newly built homes dropped 16.6% in April from March, far more than expected, and were down 26.9% from April 2021, according to the U.S. Census. The annualized rate came in at 591,000 units, seasonally adjusted. Analysts had been expecting 750,000. March’s read was also revised lower. That is the slowest sales pace since

Ozgurcankaya | E+ | Getty Images Before you book a rental property for a summer getaway, you may want to double check that you’re not getting scammed. This week, New York State Attorney General Letitia James issued a warning for consumers seeking rental properties. “Summer plans can quickly melt if consumers aren’t careful when they

Real estate and related industries account for more than a quarter of China’s economy, according to Moody’s estimates. CFOTO | Future Publishing | Getty Images BEIJING — Chinese real estate defaults have increased so much that Goldman Sachs analysts have shifted to their worst-case scenario for the riskiest part of the market. Twenty-two China high-yield

Westend61 | Westend61 | Getty Images In this competitive housing market, buyers are willing to make some concessions to either cut costs or land their dream home. Some 58% of U.S. adults would be willing to take action to find housing that is more affordable, with Gen Z and millennials more likely to do so

Former U.S. President Donald Trump attends a rally in Perry, Georgia, U.S. September 25, 2021. Dustin Chambers | Reuters Former President Donald Trump paid a $110,000 fine imposed as part of a contempt-of-court order against him, but has failed so far to take all the steps required to lift the order, the New York attorney

JGI/Jamie Grill As inflation soars and markets slide, many investors are wondering what’s coming next. Traditional advice dictates that long-term investors — those who are focused on retirement dates further down the road — should stay the course in the markets. But those with shorter time horizons of three- to five-years for a closer goal,

Many people have bought and sold cryptocurrencies as an investment, yet trying to live on a salary paid in crypto is tricky.  Alyssa Howell spent much of her career in the gold-mining industry before joining a crypto-wallet company last fall that pays all of its employees in bitcoin. The Denver-area resident said learning the ins

In this article RDFN Americans moved around a lot over the past two years, and those destinations also now happen to have the highest inflation rates in the U.S. “We saw right away that inflation was highest in Phoenix and lowest in San Francisco,” Redfin deputy chief economist Taylor Marr told CNBC. The relationship between

A customer looks at listings on display outside a Brown Harris Stevens offices in New York. Brendan McDermid | Reuters The rise of reality TV shows featuring real estate has been “horrible” for the industry and the image of its brokers, a top brokerage CEO said Thursday. “This is not who we are,” said Bess

A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Sales of previously owned homes in April fell to the lowest pace since the Covid pandemic started, according to the National Association of Retailers. Existing-home sales declined 2.4% compared