As home sellers, buyers wait on a Fed cut, here’s how mortgage rates have impacted the spring housing market
While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.
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Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
“For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale,” Saudi Economy Minister Faisal Al Ibrahim told CNBC.
New home sales inch higher despite 7% mortgage rates: ‘There’s more opportunity,’ economist says
Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here’s what this means and where prices are standing.
Pending home sales beat expectations to the upside in best read of the year
CNBC’s Diana Olick reports on the latest economic data to cross the tape.
Housing market is getting closer to end of elevated interest rate cycle, says Re/Max Co-Founder
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
2024 will be a ‘golden age of homebuilding,’ says Howard Hughes Holdings’ CEO David O’Reilly
David O’Reilly, CEO of Howard Hughes Holdings, joins CNBC’s ‘The Exchange’ to share what’s driving new home demand, planned communities, and more.
BNP Paribas forecasting further disinflation in housing market, says Chief U.S. Economist Riccadonna
Carl Riccadonna, chief U.S. economist at BNP Paribas, and CNBC’s Steve Liesman join ‘The Exchange’ to share their reactions to the 2Y Treasury auction, outlooks for housing and inflation, and more.
Luxury real estate prices just hit an all-time record
Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.
Luxury real estate sees the biggest increase in three years
CNBC’s Robert Frank reports on the booming part of the housing market.
Here’s why FEMA has spent about $4 billion to help destroy flood-prone homes
Floodplain buyouts allow homeowners to move out of harm’s way and help the community create open space that can collect flood waters to protect other homes.
Homeownership isn’t for everyone, money coach says: Don’t fall for artificial ‘pressure to buy’
Latina financial expert Jannese Torres, host of the “Yo Quiero Dinero” podcast, discusses what she has learned about certain milestones such as homeownership.