Real Estate

Commercial Giant Makes Stock Market Debut

NAR Daily News Magazine - August 3, 2018 - 1:00am

Cushman & Wakefield opened on the New York Stock Exchange on Thursday, with shares jumping 7 percent on its first day of trading.

Categories: Real Estate

Hike in Mortgage Rates Erases Affordability Relief

NAR Daily News Magazine - August 3, 2018 - 1:00am

Mortgage rates are now at their fourth highest level of the year, Freddie Mac reports.

Categories: Real Estate

Would Your Neighborhood Score an ‘A’ or ‘F’?

NAR Daily News Magazine - August 3, 2018 - 1:00am

More than 10,000 neighborhoods across the country were recently ranked and assigned a letter grade based on their prospects for real estate buyers and investors.

Categories: Real Estate

Big guys in commercial real estate gobbling up little guys: Newmark chairman

Real Estate CNBC - August 2, 2018 - 3:13pm
Howard Lutnick, BGC Partners CEO and Newmark Group chairman, breaks down why so many commercial real estate companies are going public.
Categories: Real Estate

Fed Leaves Rates Alone But Hints at Future Hikes

NAR Daily News Magazine - August 2, 2018 - 1:00am

The Fed’s key interest rate does not have a direct impact on mortgage rates, but it usually influences them.

Categories: Real Estate

Empty Lot to Be Listed for Record $1B

NAR Daily News Magazine - August 2, 2018 - 1:00am

A vacant parcel in Beverly Hills could potentially become the most expensive piece of real estate ever sold.

Categories: Real Estate

Wildfires Could Be Boon for Some California Markets

NAR Daily News Magazine - August 2, 2018 - 1:00am

Eighteen blazes in the state have scorched an area larger than Los Angeles, but despite the devastation, home prices may surge. Here’s why.

Categories: Real Estate

Inventory Climbs in a Third of Largest U.S. Cities

NAR Daily News Magazine - August 2, 2018 - 1:00am

However, the expanded supply of homes for sale is not relieving the upward pressure on prices, realtor.com® reports.

Categories: Real Estate

Consumer sentiment on real estate 'pretty good,' says expert

Real Estate CNBC - August 1, 2018 - 8:44pm
Justina Chiu of Fortune Reit shares her insights on the real estate market and whether that is affected by movements in the Chinese yuan.
Categories: Real Estate

Mortgage applications fall for third week to lowest level in a month

Real Estate CNBC - August 1, 2018 - 2:38pm
CNBC's Diana Olick reports on mortgage applications falling as interest rates rise and housing prices remain high.
Categories: Real Estate

The Fed didn't raise rates this time, but will again. Here's how to prepare for the next hike

Real Estate CNBC - August 1, 2018 - 2:01pm
The Fed pointed to more rate increases before the end of the year. Here's what you should do about that.
Categories: Real Estate

Bargain hunting: The median home price in the Hamptons has dropped below $1 million

Real Estate CNBC - August 1, 2018 - 12:35pm
Real estate in the tony Hamptons area of Long Island is showing signs of slowness. Homes that were listed for $15 million are selling for as low as $9 million or $10 million, The Financial Times reports.
Categories: Real Estate

Housing demand sees biggest drop in more than 2 years

Real Estate CNBC - August 1, 2018 - 9:52am
Housing demand has been very strong, but red-hot home prices, combined with higher mortgage rates, are finally taking their toll on affordability and demand. Housing demand in June fell by the biggest margin since April 2016. 
Categories: Real Estate

Mortgage applications drop as rates continue to rise

Real Estate CNBC - August 1, 2018 - 7:34am
CNBC's Diana Olick reports the latest look at weekly mortgage applications.
Categories: Real Estate

Weekly mortgage applications to buy a home hit the lowest level in a month as rates continue to rise

Real Estate CNBC - August 1, 2018 - 7:00am
Total mortgage application volume slipped 2.5 percent last week from the previous week.
Categories: Real Estate

Too Much Income Devoted to Making Rent

NAR Daily News Magazine - August 1, 2018 - 1:00am

Renters are struggling, and it's no wonder why. The income that the average American needs in order to pay rent tops six figures in some cities.

Categories: Real Estate

Where Home Improvement Loans Are Hot

NAR Daily News Magazine - August 1, 2018 - 1:00am

Higher home prices and tighter inventory seem to be causing some to turn toward home remodeling projects. Find out which cities are seeing more homeowners spending significant money to spruce up their properties. 

Categories: Real Estate

The Real Reason Your Client’s Offer Was Rejected

NAR Daily News Magazine - August 1, 2018 - 1:00am

Sometimes even the most attractive offers still fall short, and explaining why can be a tough part of your job. Here are four scenarios that might help you become a better adviser in the negotiation process.

Categories: Real Estate

Healthy workers tend to be more productive. How to tell if your office is 'healthy'

Real Estate CNBC - August 1, 2018 - 12:30am
Studies show that healthy workers tend to be more productive, a concept that is behind a growing trend in real estate to create offices with measurable wellness benefits, The New York Times reports. 
Categories: Real Estate

A space lawyer explains who owns the moon

Real Estate CNBC - July 31, 2018 - 3:56pm
Buzz Aldrin and Neil Armstrong may have literally planted a US flag on the moon, but nearly 50 years later, many still wonder: Who owns the moon? A professor of space law elaborates on this question in The Conversation.
Categories: Real Estate