Real Estate News

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

Real Estate

US new home sales surge to 12.5-year high in January

The Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted annual rate of 764,000 units last month, the highest level since July 2007. Housing market strength could help keep the economic expansion, now in its 11th year, on track. The sector, which accounts for about 3.1% of GDP, is being supported by cheaper mortgage rates after the Federal Reserve cut interest rates three times last year. CNBC's Diana Olick reports. Read Article

Wed, 26 Feb 2020 07:25:23 PST

Debt among oldest Americans skyrockets 543% in two decades

Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net. Read Article

Wed, 26 Feb 2020 07:22:07 PST

This couple paid off their $300,000 mortgage in 5 years then took a year off to travel

Rob and Reshawn Lee purchased a home in the suburbs of Dallas in June 2013 for $300,000. They paid it off five years later in June 2018. Read Article

Wed, 26 Feb 2020 07:25:43 PST

Total mortgage applications rise 1.5% for the week

CNBC's Diana Olick joins "Squawk Box" with the latest mortgage application numbers. Read Article

Wed, 26 Feb 2020 04:31:42 PST

Weekly mortgage applications rise 1.5%, just before the big rate drop

A mixed week for mortgage rates caused a split in application volume between refinances and purchase loans. Read Article

Wed, 26 Feb 2020 04:32:35 PST

Investors like 'long nature' of leases for REITs amid crises, says CapitaLand

The predictability of REITs and long-term nature of leases should see investors through crises that are "relatively short-lived" and periods of temporary instability, says Andrew Lim of CapitaLand Group. Read Article

Tue, 25 Feb 2020 22:12:39 PST

Online mortgage applications surge to meet demand

CNBC's Diana Olick reports on housing and online mortgage applications. Read Article

Tue, 25 Feb 2020 10:39:58 PST

Home prices increase 3.8% in December, a big jump from November, according to S&P Case-Shiller

The housing market heated up at the end of 2019, and that was reflected in even bigger gains in home values, according to the closely watched S&P CoreLogic Case-Shiller Home Price Index. Read Article

Tue, 25 Feb 2020 08:03:45 PST

Here's how to improve your credit score right away

Generally speaking, the higher your credit score, the better off you are. But the recovery time from a missed payment or financial setback differs for everyone. Read Article

Tue, 25 Feb 2020 05:31:01 PST

Home Depot's strong performance will continue, says retail analyst Jan Kniffen

Jan Kniffen, CEO of J Rogers Kniffen WWE, joins "Squawk Box" to discuss Home Depot's latest quarterly earnings results and the broader retail sector's impact from the coronavirus outbreak. Read Article

Tue, 25 Feb 2020 05:29:49 PST