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Real Estate
How to know it’s time to refinance a mortgage
The Good Brigade | Digitalvision | Getty ImagesMortgage rates have been declining, making conditions favorable for some homeowners to refinance, experts say. The average 30-year fixed-rate mortgage was 6.58% for the week ended Thursday,…
Saudi Arabia PIF fund sees $8 billion writedown in megaprojects
Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia's mammoth sovereign wealth fund saw a major decline in investments in its so-called "gigaprojects," amounting to an $8 billion write-down at the end of…
Weekly mortgage refinancing shoots 23% higher
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois.Scott Olson | Getty ImagesHomeowners are clearly looking for savings, even if it means taking on a riskier mortgage. Refinance…
Institutional landlords see new competition from an unexpected source
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity…
LA luxury real estate booms, led by Paris Hilton’s $63 million mansion
Agent Nicole Plaxen of The Beverly Hills Estates said she’s holding “constant showings” of this $118 million mansion in Bel Air.Credit: The Beverly Hills EstatesA version of this article first appeared in CNBC's Inside Wealth newsletter…
America’s dying shopping mall has a surprise recovery in store
The Dayton Mall has been a shopping staple for residents of Dayton, Ohio, since it opened in 1970. The once-prospering mall, like many, has faced hard times with increased vacancies, exacerbated by the closing of two anchors, Sears and…
Taylor Swift, Travis Kelce spotted house hunting in Cleveland
| Getty Images TAYLOR SWIFT'S BOYFRIEND TRAVIS KELCE GIVES FANS RARE GLIMPSE INTO PRIVATE LIFE WITH POP STARCleveland Browns offensive tackle Jack Conklin listed his 18,000-square-foot Gates Mills mansion near the Chagrin River in…
Opendoor Q2 earnings report, CEO thanks new investors in meme craze
With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their "enthusiasm" on Tuesday's earnings call."I want to acknowledge the great deal…
More companies are monitoring, enforcing office attendance
Maskot | Digitalvision | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to…
What the end of Energy Star could mean for commercial real estate
An Energy Star sign on a building.Lynne Gilbert | Moment Mobile | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the…