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Real Estate
Housing costs hit record high levels across the country
Economists predict mortgage rates will remain elevated for the rest of the year and will only begin to fall once the Federal Reserve starts cutting rates. The high cost of housing is making it hard for many Americans to make ends…
How to know if you should refinance your mortgage or buy a house
Valentinrussanov | E+ | Getty ImagesThe Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down.Even small cuts in rates could make a meaningful difference in what a…
Forget Palm Beach, this Florida city boasts $47M mansion for sale
The lot itself sprawls nearly 16,300 square feet. It "rests on one of Fort Lauderdale’s most enviable and wide channels, offering 108 square feet of prime deep water-frontage for super yachts," The Agency said in the listing. The city…
‘Climate gentrification’ fuels higher prices for longtime Miami residents
A development towers over the Lyric Theater in Miami's Overtown neighborhood.Greg IacurciMIAMI — Nicole Crooks stood in the plaza of the historic Lyric Theater, a royal blue hat shielding her from the midday sun that baked Miami.In its…
Redfin CEO says housing market is in a ‘funk’ as homebuyers weigh election
| Fox News "Until America builds more housing over the next five or 10 years, we might be in a low sales volume market. Maybe the election will make a difference, just because people can get back to the basic activities of commerce.…
Kamala Harris has supported affordable housing in the past
Vice President Kamala Harris speaks on the South Lawn of the White House in Washington, D.C., on July 22, 2024.Ting Shen | Bloomberg | Getty ImagesHarris' record on housing issuesAs attorney general for California, Harris drafted and…
‘Mirage’ casino in Vegas closing, rebranding with guitar-shaped Hard Rock
Check out whats clicking on FoxBusiness.com The Mirage hotel-casino will close its doors in July after 34 years of operating along the Las Vegas Strip in Nevada. The famous hotel, which opened in 1989, was the first megaresort to…
A Silicon Valley executive had $400,000 stolen by cybercriminals while
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals.
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Laurene Powell Jobs reportedly snags San Francisco property in record $70M
Check out what's clicking on FoxBusiness.com San Francisco reportedly has a new home sale record thanks to Laurene Powell Jobs. The widow of Apple co-founder Steve Jobs recently completed the purchase of a home in the Pacific…
Mortgage refinance demand jumps to a 2-year high, as interest rates drop
Courtney Keating | Getty ImagesMortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed.Applications to refinance a home loan jumped 15% last week,…