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Real Estate
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the National Association of Realtors.Sales were…
Shortage is ‘the biggest difference’ in housing market: Property Brothers
Many factors make it hard to buy a home today, but the one that makes "the biggest difference" in today's market is the housing shortage, Drew Scott, co-host of HGTV's "Property Brothers," said at CNBC's Your Money event Thursday."I…
How to grow home down payment savings, top-ranked advisors say
Saving for a home down payment can feel challenging, given current real estate prices. Using the right assets can help give your balance a lift.When you actually need the money is the "biggest driving factor," said Ryan Dennehy,…
Why bond yields are rising and what stock investors should do about that
Bond traders are at it again, pushing Treasury yields higher and signaling the Federal Reserve was too heavy-handed when it cut interest rates by a half-percentage point last month. The recently rising yields have put pressure on the…
Do real estate agents have to disclose a death in a house? What to know
Matt Champlin | Moment | Getty ImagesWhen a real estate agent works with a prospective homebuyer, they're required to point out physical or material defects in the property.A death on the property? It depends on the state where the house…
Late entrepreneur’s Spanish island estate hits market for whopping $78M
There are five structures spread across the massive property "all connected by meticulously designed gardens," according to its listing. Those include a "primary villa,"guest housing, a pool house and sports house. A large infinity…
Japan’s akiya, or abandoned house, turned into luxury Airbnb
Anton Wormann, 32, moved to Japan in October 2018.Courtesy of Anton WormannAnton Wormann, 32, has always had a passion for DIY projects and creating beautiful spaces. So, after he discovered that his neighbor's property had been…
Home insurance options are shrinking amidst states with natural disasters
Of the top 12 insurance companies in CA, only five are still writing new policies. Wildfires have burned more than one million acres in California so far this year. That is larger than the entire state of Rhode Island. Natural…
Commercial real estate recovery may be uneven
A commercial building available for rent in Melville, New York, April 17, 2023.Howard Schnapp | Newsday | Getty ImagesThe tide could be turning for commercial real estate.The Federal Reserve began its interest rate cutting cycle in…
Weekly mortgage demand tanks 17%, after interest rates hit the highest
A sign is posted in front of a home for sale on August 07, 2024 in San Rafael, California.Justin Sullivan | Getty ImagesMortgage interest rates rose last week for the third straight week, hitting the highest level since August. That…