Here’s why millionaires are flocking to Florida from New York
CNBC’s Robert Frank reports on what tax incentives are driving millionaires out of New York and into Florida.
CEO of WeWork advisor Perella Weinberg says the office-sharing business is ‘really, really good’
“The core of the business is a really, really good business,” says WeWork advisor Peter Weinberg, whose firm was brought in to help the office-sharing company after it cancelled its IPO.
Homebuilders tap into millennial renters, downsizing empty nesters: Analyst
Stephen Kim, Evercore ISI, and CNBC’s Diana Olick join ‘The Exchange’ to discuss the strength in homebuilder stocks.
Mortgage rates fall further, as buyers rush into the first open houses of 2020
The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, according to Mortgage News Daily.
Weekly mortgage applications fell in the final weeks of 2019, but homebuyers were out shopping
Mortgage application volume fell 1.5% for the last two weeks of the year, according to the Mortgage Bankers Association.
This budget strategy helped a Michigan couple pay off their mortgage early
Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013. Their initial goal was to pay off their mortgage in five years, but they ended up paying it off over a year faster than they planned. The couple chose mortgage terms that would let more of their payment […]
The shortage of homes for sale is getting much worse, even in luxury
December is not the most popular time to list a home for sale historically, but this past December it was particularly unpopular. The supply of homes for sale was 12% lower compared with December 2018, according to realtor.com. The decline was much steeper than the 9.5% annual drop in November. Demand is so strong, that […]
How this couple paid off their $195,000 mortgage in under 4 years
Andy and Nicole Hill bought a 2,600-square-foot home just outside of Detroit at the end of 2013. They paid it off in November 2017.
Here are mistakes millionaires make when selling homes
Aaron Kirman, star of CNBC’s ‘Listing Impossible,’ joins “The Exchange” to discuss some of the biggest mistakes he sees when people try to sell million-dollar homes.
Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years
Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data.