Property News
CNBC's Robert Frank explains what may happen to the pied-a-terre tax
CNBC - 27 Mar 2019 21:15
CNBC's Robert Frank reports on the controversy over the pied-a-terre tax, which is a tax that applies to second homes valued at over $5 million in New York.
Mortgage rates continue to drop
CNBC - 27 Mar 2019 21:09
CNBC's Diana Olick reports on the continued drop in mortgage rates after the Federal Reserve's decision last week to leave interest rates unchanged for the rest of the year.
Homebuyers face far fewer bidding wars as the housing market cools off
CNBC - 27 Mar 2019 18:41
During the first three weeks of March, a mere 16 percent of Redfin buyer offers faced a bidding war, compared with 61 percent a year earlier.
Weekly mortgage applications surge on lower rates
CNBC - 27 Mar 2019 14:42
CNBC's Diana Olick reports on newly released mortgage application data.
Support wanes for NY tax on multi-million dollar second homes
CNBC - 27 Mar 2019 14:24
CNBC's Robert Frank reports on the controversial "Pied-A-Terre" tax proposal, which is now in jeopardy. The policy that would impose a tax on multi-million dollar second-homes in New York City may be headed to the scrap ...
Weekly mortgage applications surge nearly 9% on lower rates
CNBC - 27 Mar 2019 13:00
Applications to refinance jumped 12 percent for the week as homeowners rushed to take advantage of attractive rates.
Nobel Prize winner Robert Shiller: Housing market 'looking a little bit weaker'
CNBC - 27 Mar 2019 12:55
Nobel Prize winner Robert Shiller says that despite a strong housing market since 2012, homebuyers do not seem as excited. Low unemployment rates in the U.S. are helping drive the market up. Shiller also says Donald Trum...
Cramer: Blooming season has come for Home Depot, Lowe's, Lennar, and D.R. Horton
CNBC - 27 Mar 2019 00:59
Jim Cramer says investors shouldn't panic about February's weak housing starts because the market is about to rebound.