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Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateTwo stocks could be the best play to ride housing boom, says Oppenheimer's Ari WaldAri Wald, Oppenheimer head of technical analysis, discusses how to trade the housing sector and several of its ETFs, with CNBC's "Fast Money" traders. Read Article Thu, 09 Jul 2020 15:09:58 PDT CEO of Century 21 parent says suburban home search is up across the country, following New York's lead"In every urban geography, the web traffic ... has changed, versus 6 to 12 months ago, to be much more suburban," Realogy CEO Ryan Schneider said. Read Article Thu, 09 Jul 2020 12:48:44 PDT 'Shark Tank' investor Herjavec: We're about to see biggest exodus from cities in 50 years"I recently moved out of Los Angeles into a suburban area, and I can tell you on a very personal level, my area is on fire," "Shark Tank" investor Robert Herjavec told CNBC. Read Article Thu, 09 Jul 2020 11:40:07 PDT Evictions could hit crisis level—Here's how it's impacting real estate trendsCNBC's Kelly Evans breaks down the threat of evictions amid coronavirus and trends in the housing sector with CNBC's Diana Olick and Ryan Schneider, CEO of Realogy. Read Article Thu, 09 Jul 2020 10:33:54 PDT Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancingsThe move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet. Read Article Thu, 09 Jul 2020 11:16:48 PDT New York City rentals experience worst June in more than a decade amid Covid-19 crisisData on rentals out of New York City signal a crisis with city residents emptying out fast. CNBC's Robert Frank reports. Read Article Thu, 09 Jul 2020 06:54:47 PDT Empty Manhattan apartments reach record levels, landlords slash rentThe number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings and more renters left the city, according to a new report. Read Article Thu, 09 Jul 2020 07:01:01 PDT Your income took a hit. Now what?About half of Americans have lost some household income because of the pandemic. Here's what you can do to strengthen your situation. Read Article Thu, 09 Jul 2020 07:20:59 PDT U.S. may need another 1 billion square feet of warehouse space by 2025 as e-commerce boomsWith online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders. Read Article Thu, 09 Jul 2020 09:51:09 PDT China's economic recovery story is a 'mixed picture': China Beige BookChina's property sector has seen high infrastructure spending in the second quarter, which could further drive inflation up as the country attempts to stimulate economic growth, says Leland Miller of China Beige Book International. But retail and consumption don't look "encouraging", he adds. Read Article Thu, 09 Jul 2020 02:45:05 PDT |
