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.
Homebuyer demand hits 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. Refinance applications jumped 43% for the week and were 109% higher than one year ago. CNBC’s Diana Olick reports.
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.
China’s real estate market is still going through deleveraging: JP Morgan
Default risks and moral hazard are considered a “policy-driven experiment” in the Chinese real estate sector, says Howard Wang from JP Morgan Asset Management.
Real estate risks must be priced into investment process, analyst says
Will Robson, executive director and global head of real estate solutions research at MSCI, discusses real estate trends for 2020.
China’s property sector deserves attention as it is the Chinese economy ‘weak spot’: Economist
Neil Shearing from Capital Economics describes the “central” role that the property market plays in the Chinese economy, and how it should not be overlooked despite the spotlight being on the U.S.-China trade deal.
4 key questions to ask now before you decide to refinance your mortgage
With 30-year mortgage rates at historic lows, more homeowners are refinancing. But before you sign on the dotted line, ask yourself these four key questions.
WeWork only signed four new leases in its fourth quarter
WeWork only signed four new leases in the U.S. in the fourth quarter, as the company reeled in expenses following a SoftBank-led bailout. CNBC’s “Squawk Box” crew reports.