Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Existing home sales fell in April to the lowest level since the start of the pandemic
Rising mortgage rates and continued tight supply caused home sales to drop to the lowest level since the start of the pandemic. Read Article
How relocating Americans created new inflation hot spots
The relationship between migration and inflation has strengthened as more people relocate from expensive cities to more affordable areas, according to Redfin. Read Article
Scared of getting a mortgage? A strategist reveals the 1990s gadget that gives her cause to be optimistic
Invesco's Kristina Hooper recalls her own experience of buying a "starter home" as a newlywed in 1996. Read Article
Americans are more stressed about money than ever, and it's hurting our mental health
Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop in mortgage applications. Read Article
How to sidestep a tax bomb when selling your home
With soaring prices and record home equity, you may expect a profit when selling your property. Here's how to lessen the tax bite. Read Article
Homebuilder sentiment falls to 2-year low on declining demand and rising costs
"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer. Read Article
Home affordability at 2007 bubble levels, but crash is unlikely: Blackstone's Joe Zidle
Blackstone's Joseph Zidle draws a striking parallel to the 2007 housing market peak. But, he lists reasons why the outcome should be different this time. Read Article
Every home in America now has a wildfire threat score, and some areas see a 200% jump in risk
Wildfire risk is increasing, likely due to global warming, and its destruction is becoming ever more expensive. Read Article
This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious
"Horrible, Horrible, Horrible!" was how the seller, who filed for Chapter 11 last year, characterized the auction results to CNBC. Read Article