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Real Estate
Real estate service Opendoor rallies 190% driven by social media
On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as…
Saudi Arabia’s ‘The Line’ at Neom is reviewed as it considers its
Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMDUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line.The public investment fund…
Trump’s OBBBA delivers significant tax benefits for American homeowners
Rep. Mike Lawler, R-N.Y., criticizes Democrats for their characterization of President Donald Trump's tax bill and weighs in on Zohran Mamdani's bid for NYC mayor. The One Big Beautiful Bill Act (OBBBA), recently signed into law,…
Weekly mortgage demand plummets 10%, as rates and economic concerns rise
Victor Becerra surveys his property located next door to a recently sold property on Wapello St. in Altadena, CA on June 4, 2025. Robert Gauthier | Los Angeles Times | Getty ImagesRenewed concerns over tariffs and the broader economy…
Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at nightFangxianuo | E+ | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving…
Wealthy New Yorkers eye Florida real estate after Mamdani’s primary win
FOX Business host and real estate expert Katrina Campins discusses the potential ramifications of Zohran Mamdani's leadership if he becomes the mayor of New York City on ‘Varney & Co.’ Real estate agents are reporting a surge in…
Home price hikes are slowing more than expected
A Compass Realty sign is posted in front of a home for sale on June 23, 2025 in Greenbrae, California. Justin Sullivan | Getty Images News | Getty ImagesRising supply and slowing demand in the housing market are finally causing prices to…
Homebuyers finally responded, as mortgage rates dropped
A for-sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesA brief drop in interest rates caused a strong bump in otherwise tepid mortgage demand. Total mortgage application…
Mortgage rates and demand are stuck in a holding pattern
A For Sale sign sits in front of a home on May 12, 2025 in Miami, Florida. Joe Raedle | Getty ImagesEconomic uncertainty at home or military conflicts overseas -- each taken alone -- would normally have a significant effect on the bond…
Home inventory in major U.S. metros surpasses pre-pandemic levels
ResiClub co-founder and editor-in-chief Lance Lambert addresses mounting concerns about the housing market on 'Making Money.' Housing inventory in a significant number of major metropolitan areas hit levels higher than they were…