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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Mega-developer Gil Dezer: Prices at our Trump-branded Florida properties 'have continued to go up'
The presidency of Donald Trump has indirectly helped the real estate market in South Florida, says the Miami property magnate. Read Article
Housing pledge driven by responsibility, gratitude, says Microsoft president
Microsoft President and chief legal officer Brad Smith joins CNBC's "Closing Bell" to discuss Microsoft pledge of $500 million to tackle Seattle's housing crisis. The pledge is the largest in the company’s 44-year history, and, according to the company, is one of the heftiest contributions by a private corporation to housing. The initiative comes as Microsoft and other tech giants that have driven the region’s economic boom face increasing pressure to help mitigate affordable-housing shortages. Read Article
Here's what you need to know about the state of the luxury real estate sector
CNBC's Robert Frank interviews Gil Dezer, the president of Dezer Development, about the state of the luxury real estate industry. Read Article
Economist: Expect house prices in Australia to fall further
Gareth Aird of the Commonwealth Bank says weakness in house prices in Australia is expected to continue, particularly in Sydney and Melbourne, but should bottom out "sometime" in 2019. Read Article
Dick Bove: There are 'serious problems' in US real estate
Dick Bove of Rafferty Capital Markets says the financing side of the real estate industry in the U.S. could cause "serious" problems." Read Article
Student loan debt is keeping young people from buying homes, Fed study finds
Home ownership among those in the 24-to-32 group plunged from 45 percent to 36 percent for the period in the Fed survey. Read Article
Home prices make smallest gains in nearly 4 years, but rents are hot
The slowdown in home sales and home price gains in most major U.S. markets is causing the opposite effect in the rental market, especially for single-family rental homes. Those rent prices increased 2.9 percent annually in November 2018. Read Article
Homebuilder sentiment turns higher in January after mortgage rates drop
Builder sentiment rose 2 points to 58 in January according to the National Association of Home Builders. This came after two months of sharp drops in sentiment to the lowest level in more than two years. The index stood at 72 a year ago. Read Article
Mortgage applications surge 13.5% as borrowers rush to take advantage of lower rates
That is its highest level since February and came after a 23 percent jump the previous week. Volume was just 0.5 percent lower than a year ago. Read Article
China's foreign direct investment into the US dropped precipitously in 2018, data show
Trade tensions, along with pressure on companies from Beijing, have caused a decline in Chinese direct investment into the United States. Still, Chinese home purchases and venture capital funding continue to grow. Read Article
