As mortgage rates climb, loan demand, refinancing drops
The housing industry is seeing the effects that higher mortgage rates are having. The average rate on the 30-year fixed mortgage is 5.66% this week, up from 5.55%.
This is the silver lining for buyers in today's market: Economist
Realtor.com chief economist Danielle Halle weighs in on mortgage rates climbing to their highest levels since mid-July, pressuring the already cooling housing market on 'Maria Baltiromo's Wall Street.'
Oak Street in $2B bid for Kohl's real estate
Just as Bed Bath & Beyond did, this struggling retail giant is looking for a new buyer to liquidate its real estate assets to improve its financial situation.
Inflation hits these renters the hardest
Millennials and Gen Zers are getting hit even harder with inflation due to high asking rents. Although rent growth has slowed its still significantly higher than a year ago.
Redfin CEO on home sales dropping: We’ve created a ‘landlord nation’
Redfin CEO Glenn Kelman analyzes the housing sector after report shows a drop in home sales and an increase in rental properties due to rising rates and supply chain disruptions.
US has a housing market that's 'collapsing': Laffer
Former Reagan Economic Adviser Art Laffer discusses the rent crisis and Biden touting his American Rescue Plan while claiming the spending package put the U.S. on the road to recovery.
Landing CEO: Unique apartment network serves fast-growing 'flexible living' market
Bill Smith discusses the housing market decline and explains how the company is trying to disrupt rentals with flexible lease options on 'The Claman Countdown.'
Best US real estate markets in 2022, according to new report
WalletHub published a report on the best real estate markets of 2022, based on 17 metrics in two categories: “real estate market” and “affordability and economic environment.”
These are the top DIY projects Americans are trying, according to CraftJack
The most popular DIY projects vary by state and include improvements to the inside and outside of the home, according to a survey from CraftJack. Here's a closer look at these projects, and how much homeowners are spending.
Homebuyers are taking back their bargaining power, survey shows
The housing market is becoming more buyer friendly, according to a recent report form Realtor.com. For the past two years it had been "predominantly" in the sellers favor.
Musk touts oil, no repeat of 2008 housing crisis and more: Tuesday's 5 things to know
Tesla CEO Elon Musk calls for more drilling and exploration of fossil fuels for the immediate future as diesel and heating oil supplies are dangerously low in parts of the U.S.
Is current housing market slowdown similar to 2008 crash?
National Housing Conference CEO David Dworkin weighs in as to whether the current housing slowdown is at all similar to the crisis experienced more than a decade ago.
National Housing Conference CEO warns 'slower period' ahead
David Dworkin argues housing affordability is the worst it's been is most people's lifetime.
Deal for office space near big US cities bets on suburban lifestyle, remote work
Singapore sovereign wealth fund GIC Pte and U.S. partner Workspace Property trust are buying 53 suburban office buildings for $1.1 billion from Griffin Realty Trust
‘Murder House Flip’ hosts explain why homeowners are eager to give morbid spaces new life: 'Not for everyone'
Designers Sarah Listi and Mikel Welch team up for "Murder House Flip" where they completely renovate homes associated with high-profiled true-crime cases.
Homeowners leaving market as asking prices drop
A good number of homeowners are becoming more reluctant to list their home for sale as asking prices fall from waning demand, according to a new Redfin report.
Mortgage rates increase as market reacts to expected Fed rate hike, experts say
Rates for the 30-year mortgage are back up again this year over concerns that the Federal Reserve will again raise interest rates.
Mortgage rates spike, hitting 2-month high
The average rate for a 30-year fixed-rate mortgage surged nearly half a point to 5.55%, reaching the highest level since June as the housing market cools.
Sylvester Stallone and Jennifer Flavin divorce: What's at stake in 'Rocky' star's estimated $400 million split
An estimated $400 million fortune is at stake after Sylvester Stallone and estranged wife Jennifer Flavin split following 25 years of marriage and three children.
Mortgage applications fall to fresh 22-year low
Home mortgage applications fell last week to a level not seen in 22 years as the housing market cools amid elevated interest rates and sky-high prices.