Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

Bank of America Merrill Lynch downgrades homebuilder stocks Toll Brothers, PulteGroup and NVR and lowers its homebuilding estimates for 2018 and 2019. Read Article

Thu, 18 Oct 2018 05:53:00 PDT

Heavier rains and catastrophic floods force cities to drain lakes, ponds with the help of cloud tech

Intense storms are becoming much more frequent, damaging local infrastructures and budgets. New companies are turning to technology to find ways to mitigate the impact of costly flooding nationwide. Read Article

Thu, 18 Oct 2018 05:20:00 PDT

Real estate sales fall in high-tax states, surges in low-tax

CNBC's Robert Frank reports on the story of two markets in luxury real estate. Read Article

Thu, 18 Oct 2018 04:13:00 PDT

Here's what to watch as real estate drifts into two different markets

Jonathan Miller, Miller Samuel CEO, joins 'Squawk Box' to discuss trends he sees in the housing market and how the tax laws in high-tax and low-tax states are going to impact investors. Read Article

Thu, 18 Oct 2018 04:13:00 PDT

Housing stocks are having their worst year since 2008, and some see even more distress

Two major homebuilder stock-tracking ETFs, the ITB and the XHB, are on track to post their worst years since 2008 — and some strategists see further downside. Read Article

Thu, 18 Oct 2018 03:58:00 PDT

Accessing the headwinds facing Japan's hospitality sector

Hisashi Furukawa of Japan Hotel REIT Advisors said geopolitical tensions won't have a 'major impact' on Japanese tourism in the long run. Read Article

Wed, 17 Oct 2018 18:57:00 PDT

Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates

Housing stocks fall broadly after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector. Read Article

Wed, 17 Oct 2018 07:44:00 PDT

Mortgage applications tank 7.1% as interest rates surge

CNBC's Diana Olick reports on mortgage applications falling. Read Article

Wed, 17 Oct 2018 04:37:00 PDT

Weekly mortgage applications tank 7.1% as interest rates surge to a near 8-year high

Homebuyer demand is strong, but affordability was weakening even before rates began to rise, as tight supply pushed home prices sharply higher. Read Article

Wed, 17 Oct 2018 04:00:00 PDT

Trump claims he has 'no financial interests in Saudi Arabia' — but he makes lots of money from it

President Donald Trump's new tweet denying a financial stake in Saudi Arabia comes amid a growing furor over suspicions that the country's rulers ordered the killing of Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul. Read Article

Tue, 16 Oct 2018 09:27:00 PDT