Property News
New Jersey Ski Resort Files for Bankruptcy
Wall Street Journal - 16 May 2017 22:09
Mountain Creek Resort Inc., a New Jersey ski resort less than two hours from Manhattan, has filed for bankruptcy protection, citing years of above-average temperatures, scant snowfall and missteps by prior owners.
Home equity is coming back: Lendingtree CEO
CNBC - 16 May 2017 21:33
Doug Ledba, Lending Tree CEO, talk about his company's website offering loan rates from all banks whether offline and online.
Home builders struggle to provide homes for millennial home buyers
CNBC - 16 May 2017 20:24
The demand among home buyers is growing, but home builders aren't able to keep up due to the lack of starter homes on the market.
Starter homes still lag in housing market
CNBC - 16 May 2017 20:14
CNBC's Diana Olick report the latest on the housing market including disappointing construction numbers.
Home builders are targeting millennials -- but it will hit their margins
CNBC - 16 May 2017 17:31
The largest generation is finally starting to buy houses. The trouble is, there aren't enough houses for sale to feed their appetite.
Multimillionaire property magnate in Australia says millennials should stop buying avocado in order to buy dream home
CNBC - 16 May 2017 16:38
Tim Gurner is a 35-year-old Australian property tycoon who has almost half a billion dollars in the bank
Manafort got $3.5 million mystery mortgage, paid no tax
CNBC - 16 May 2017 14:51
Manafort's company never paid $36,000 in taxes that would be due on the loan, NBC News reports.
US housing starts fell 2.6% in April
CNBC - 16 May 2017 14:30
Construction of new homes fell for a second straight month in April, pushing activity to the lowest point in five months.
April housing starts down 2.6%
CNBC - 16 May 2017 14:30
CNBC's Rick Santelli and Steve Liesman break down the latest
Commercial property values have stabilized but remain below peaks
CNBC - 16 May 2017 03:27
But the ongoing uncertainty is pushing property values into a slow fall, says Jon Rickert of GAM.