The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.
As public support for large-scale data center buildouts declines across the U.S., a new type designed to operate inside individual homes is coming.
Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise — indicating that lower-income borrowers dropped out.
Lenders are beginning to use VantageScore 4.0, which factors in consumer data not currently considered in the score that's been used with mortgages for decades.
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Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed.
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.
In the first quarter of this year, new in-person and virtual office tours reached their highest level since the pandemic began, per the VTS Office Demand Index.
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.
Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile.
Mortgage demand continues to rebound as rates move slightly lower.
Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.
Mortgage rates fell to the lowest level in a month, boosting refinance activity and offsetting weak demand from homebuyers.
Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million.
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.
Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC's Housing Market Survey found.
Reports Apollo Global Management is planning a second HQ in the US South renewed debate over a business exodus under NYC Mayor Mamdani. Data doesn't support it.
Mortgage demand from both homeowners and potential homebuyers is dropping due to higher mortgage rates and concern over the war with Iran.
Doma's technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions.
President Trump's plan to ban big investors from home ownership may not be the key to reviving the American Dream in affordable housing legislation.
Kevin Warsh would enter the Fed as its chair with an agenda to enact that goes beyond cutting interest rates.
Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.
Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines.
A combination of higher mortgage rates and economic uncertainty are reversing what was expected to be a recovery year in the housing market.
For years, single men who were first-time homebuyers had higher annual income than their female counterparts, according to the National Association of Realtors.
Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.
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