Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

DAMAC chairman calls bottom for Dubai property market, sees value in Brexit

A major Emirati property developer believes Dubai's property market has bottomed out but says there remain at least two more tough years ahead before a full rebound. Read Article

Wed, 23 Jan 2019 09:35:00 PST

More homes are for sale, but fewer are affordable

The supply of homes on the market is finally rising, after falling to record lows. But a growing share of those homes are still out of reach to most buyers. Read Article

Wed, 23 Jan 2019 07:58:00 PST

Mortgage applications pull back 2.7% as rates turn higher again

The change was tiny, but so many borrowers have already refinanced at rock-bottom rates that there is a very small pool of those left who can still benefit from a refinance. Read Article

Wed, 23 Jan 2019 04:00:00 PST

Homebuilders face profitability risks despite a healthy market, housing analyst says

Homebuilders' "pricing power is much more challenged" as construction costs continue to rise, Zelman & Associates CEO Ivy Zelman says. Read Article

Tue, 22 Jan 2019 13:12:00 PST

Sun Microsystems founder weighs in on big tech backlash

Scott McNealy, Sun Microsystems founder and Rex investor, joins 'The Exchange' to discuss the backlash against big tech, what tech companies can do to prevail and the rise of the online broker. Read Article

Tue, 22 Jan 2019 10:26:00 PST

Buy Lennar and sell Zillow, says Zelman founder

Ivy Zelman, Zelman & Associates founder and CEO, joins the CNBC's "Fast Money Halftime Report" team to discuss her strategy and outlook on the U.S. housing market. Read Article

Tue, 22 Jan 2019 09:36:00 PST

The unusually large drop in home sales has real estate agents baffled

The 6.4 percent monthly move in existing home sales was unusually large, regardless of direction. The tally from the National Association of Realtors usually moves in the very low single digits month to month. Read Article

Tue, 22 Jan 2019 08:55:00 PST

Citadel CEO buys $122 million London mansion

CNBC's Robert Frank reports on Citadel CEO and Founder Ken Griffin's purchase of a $122 million home in London. Read Article

Tue, 22 Jan 2019 08:34:00 PST

Existing home sales drop sharply, down 6.4 percent

CNBC's Diana Olick reports on breaking existing home sales numbers that show a sharp decrease, down 6.4 percent versus the expected 1.3 percent. Read Article

Tue, 22 Jan 2019 07:06:00 PST

Billionaire Ken Griffin buys $122 million London mansion

Hedge fund billionaire Ken Griffin has just smashed another real estate price record, buying the most expensive home sold in London in over a decade for $122 million. Read Article

Tue, 22 Jan 2019 07:05:00 PST
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