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Real Estate
May new home sales tank, pushing supply up to 3-year high
Houses undergo construction in a neighborhood on April 17, 2025 in Austin, Texas. Brandon Bell | Getty ImagesSales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally adjusted, annualized…
Wealthy buyers increasingly turning to cash for luxury homes: report
Douglas Elliman real estate broker Noble Black highlights the contributing factors that is causing a spike in New York City luxury home sales and whether return-to-office plays a role. More luxury homebuyers are paying with cash to…
Climate threat to U.S. infrastructure is accelerating
U.S. infrastructure is barely getting a passing grade, and one of the fastest growing problems is climate change. Airports are flooding, bridges are melting from extreme heat, and telecommunications are getting slammed by increasingly…
Mortgage refinance demand surges, as interest rates drop further
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesMortgage rates fell last week to the lowest level since April, leading current homeowners to seek…
Homeowner’s insurance premium rates in every U.S. state are going up
Six months after wind-whipped wildfires killed 30 people and destroyed thousands of homes and businesses in and around Los Angeles, the scenes in Altadena and Pacific Palisades are still horrific, with block after block of burned out…
Primary win by pro-rent freeze Mamdani hits Flagstar bank on NYC market
New York mayoral candidate, State Rep. Zohran Mamdani (D-NY) speaks to supporters during an election night gathering at The Greats of Craft LIC on June 24, 2025 in the Long Island City neighborhood of the Queens borough in New York City.…
Trump administration moves to count crypto as a federal mortgage asset
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk…
What Trump’s battle with Energy Star could cost homeowners
Donald Trump, as both a citizen and president, has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more…
Here’s how the luxury real estate market is splitting up
View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach CountyRyan Tishken | Istock | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth…
Phoenix leads buyer-friendly cities with 31.3% of homes cutting prices
The U.S. real estate market is about to see a shift in the coming months, according to an industry expert. Shopping for a home can be challenging, but looking for one in a real estate market that’s more favorable to buyers can help…