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
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
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
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
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
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
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
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
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
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
