Tag: Real estate
January pending home sales drop to the lowest level on record
"For Sale" and "Sale Pending" signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024. The National Association o [...]
Home Depot (HD) Q4 2024 earnings
Home Depot on Tuesday topped Wall Street's quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand f [...]
Home sales drop sharply in January as prices hit high
A "For Sale" sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg | Getty ImagesThe U.S. housing mark [...]
Homebuilder sentiment falls in February amid tariff worries
Sentiment among the nation's single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, w [...]
Ferrari-inspired mansion breaks local record in Delray Beach, Florida
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million.Not o [...]
Walmart buys Monroeville Mall in Pennsylvania
Walmart is now a mall owner.On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh.I [...]
Construction and home costs could rise
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historica [...]
New York City office demand is finally back to normal
The Empire State Building, The Chrysler Building and One Vanderbilt are seen amongst other buildings in midtown Manhattan on January 11, 2024 in New Y [...]
December pending home sales drop as mortgage rates surge
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National [...]
Housing market supply is ‘stale’ to end 2024
There's good news in the housing market to close out 2024: there's a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for [...]
Mall restaurants like Cheesecake Factory, Eataly help to draw shoppers
Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add [...]
November home sales surged more than expected
Investors own more than 131,000 homes in the Las Vegas Valley now.Las Vegas Review-journal | Tribune News Service | Getty ImagesSales of previously ow [...]
American homeowners are wasting more space than ever before
Tim Kitchen | The Image Bank | Getty ImagesThere may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. In [...]
Flushing Financial seeks to raise $70 million
Flushing Bank in New York City.Google EarthFlushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shor [...]
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push inflat [...]