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Real Estate
NBC News Home Buyer Index
10'000 Hours | Digitalvision | Getty ImagesThere are areas in the U.S. that are considered to be the least difficult places to buy a home, according to a new real estate indicator.When the counties are sorted by index rank, Iroquois…
Home prices hit record high in May as sales stall
Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high.So-called existing home sales in May were essentially flat, down 0.7% from April to a…
Revolut moves global HQ in Canary Wharf as it awaits UK bank license
A mockup of what Revolut's new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of the new building – mimicking legacy banks like Barclays and Citigroup.RevolutBritish…
Mortgage demand flattens even as interest rates hit the lowest level since
File photos: "For Sale" signBrandon Bell | Getty ImagesConsumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers…
World’s most expensive cities for expats
Hong Kong retained its pole position as the world's most expensive city for expats in 2024, according to Mercer.Chunyip Wong | E+ | Getty ImagesAsia's biggest financial hubs have once again clinched the top spots for being the costliest…
Singapore’s shophouses are getting snapped up by the rich and famous
Row of shophouses in Singapore's Katong area.Olivier Chouchana | Gamma-rapho | Getty ImagesSINGAPORE — The ornate, colorful "shophouses" that line the streets in some old neighborhoods of Singapore are not what immediately comes to mind…
Luxury homes on these beaches are losing value fast, as effects of climate
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation's priciest coastal…
Why competition in the housing market is cooling off
Goodboy Picture Company | E+ | Getty ImagesMore homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.New listings from home sellers jumped in May,…
Here’s how to avoid surprises with home maintenance costs
Senior couple repairing kitchen cabinet at homeMomo Productions | Digitalvision | Getty ImagesAlex Marrero and his wife bought their first home this spring in Coral Springs, Florida — and the couple has already spent nearly $17,000 on…
9 stocks that can benefit from Fed interest rate cuts
The S & P 500 and Nasdaq extended their record rallies this week following cooler-than-expected consumer inflation data Wednesday morning. While Fed rate cuts would likely benefit the overall stock market, several names in the CNBC…