Real Estate

Mortgage rates continued their climb as inflation woes persist. The Federal Reserve's successive interest rate increases brought down inflation, however price acceleration is still above the central bank's target, causing borrowing costs to skyrocket.

On an annual basis, home prices increased by 6.9% in December compared to 8.6% in November and a historical high of 20% gained last spring.

Key Advisors Group, LLC owner Eddie Ghabour discusses the U.S. housing market, specifically commercial real estate and its forthcoming challenges.

"Shotgun Wedding" star Jennifer Lopez put her sprawling Southern California abode on the market less than one year after marrying actor Ben Affleck.

Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing.

"Real Housewives" star Kim Zolciak and husband Kroy Biermann’s lavish Georgia estate is in foreclosure and will be auctioned off in March.

The home, first built between 1899 and 1901, first went on sale in 2006 when it sold for $40 million, selling again four years later for $44 million to Carlos Slim.

Castillo Del Lago, a historic Hollywood home formerly owned by Madonna, is on the market for $21 million. The Spanish-style house was built in the 1920s.

Home buyers got no relief as mortgage rates climbed to 6.32% amidst pessimism that the Federal Reserve will not get ahead of inflation this year and borrowing will stay expensive.

The home in Arkansas that President Bill Clinton lived during his teenage years is up for sale for $345,000, for the first time ever on the public market.

Miami real estate leaders and National Association of Home Builders CEO Jerry Howard explain why the number of agents heading for the door won't impact Florida's market.

Ted Lerner, the billionaire real estate mogul who took over the Washington Nationals which won the World Series in 2019, has died. He was 97.

In January, median asking rent climbed 2.4%, which is the smallest increase since May 2021. It also marked the eighth consecutive month that rent growth has slowed, Redfin reported.

The Federal Reserve's continuing fight to rein in government spending and induced inflation is making all forms of borrowing more expensive, especially mortgages.

Hollywood actor Jim Carrey, 61, revealed he's ready to make some life "changes" as he lists the luxurious mansion he's lived in for over three decades.