Real Estate

Office demand rebounds to highest level since Covid pandemic began

In the first quarter of this year, new in-person and virtual office tours reached their highest level since the pandemic began, per the VTS Office Demand Index.

Fed is likely to hold rates steady — here's how that impacts consumer costs

The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.

New York's pied-a-terre tax sets up legal fight over values

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes.

What $1 million buys you in real estate around the world

Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile.

Mortgage rates sink again, and homebuyers jump back in

Mortgage demand continues to rebound as rates move slightly lower.

35% of Gen Z homebuyers are single women, research shows. Here’s why they need an estate plan

Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.

Mortgage applications rise as rates fall to one-month low

Mortgage rates fell to the lowest level in a month, boosting refinance activity and offsetting weak demand from homebuyers.

The U.S. housing markets where million-dollar listings are standard

Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million.

Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty

Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.

Iran war upends spring housing market. Here's what real estate agents are seeing

Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC's Housing Market Survey found.

Zohran Mamdani and the business exodus? New York's office real estate market is up under new mayor

Reports Apollo Global Management is planning a second HQ in the US South renewed debate over a business exodus under NYC Mayor Mamdani. Data doesn't support it.

Weekly mortgage refinance demand is down more than 40% in the past month

Mortgage demand from both homeowners and potential homebuyers is dropping due to higher mortgage rates and concern over the war with Iran.

Opendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs

Doma's technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions.

Trump ban on investor homebuying may come at cost of a bigger real estate deal

President Trump's plan to ban big investors from home ownership may not be the key to reviving the American Dream in affordable housing legislation.

Analysis: What might trip up Kevin Warsh and his agenda as Fed chair

Kevin Warsh would enter the Fed as its chair with an agenda to enact that goes beyond cutting interest rates.

Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'

Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.

Meta boosts investment in West Texas AI data center by over sixfold to $10 billion

Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.

Fannie Mae accepts first crypto-backed mortgage product

Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines.

How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates

A combination of higher mortgage rates and economic uncertainty are reversing what was expected to be a recovery year in the housing market.

Single women see homeownership as 'a wealth-building tool,' economist says, but buying remains a challenge

For years, single men who were first-time homebuyers had higher annual income than their female counterparts, according to the National Association of Realtors.

Mortgage demand drops more than 10% as rates hit the highest level since October

Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.

Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes

The move comes as part of Britain's response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market.

Swalwell drops lawsuit against FHFA's Pulte as California governor race heats up

Eric Swalwell drops suit alleging FHFA's Pulte used private information to hurt President Donald Trump’s critics, leaking details about Swalwell's family home.

The spring housing market is on, but mortgage rates just shot higher. Here's what to know.

This spring's housing market is on, but economic headwinds are pushing back most of the advantage that buyers have gained over the past year in affordability.

January new home sales plunge to the lowest pace since 2022

New home sales fell to the lowest level in four years, despite lower interest rates and builder incentives.

Fed holds interest rates steady — here’s what that means for consumers

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's March interest rate decision may affect your finances.

Mortgage refinance demand plunges 19% after interest rates shoot higher

Mortgage rates shot higher last week, as the war with Iran stoked fears over inflation. That caused a major drop in refinance demand, but buyer demand improved.

Mortgage rates surge to highest since September, hitting spring housing market

Mortgage rates jumped to a seven-month high Friday as war in Iran pushed bond yields higher.

'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know

Heading in the spring home selling season, buyers should know what their options are before locking in an interest rate for a new mortgage, experts say.

Housing affordability bill clears Senate as investor ban creates headaches

The Senate passed the bill 89-10, but House lawmakers say more changes are needed before it could go to President Donald Trump's desk.

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