Property News
Home prices are about to heat up again as interest rates fall
CNBC - 2 Apr 2019 16:35
Home price gains are about to take off, according to Corelogic. The real estate data and analytics company is predicting that annual gains in home prices could hit close to 5 percent by 2020, thanks to falling interest r...
Towns beyond the suburbs are hot again, here's why
CNBC - 2 Apr 2019 20:14
Laura Kusisto, The Wall Street Journal's U.S. housing reporter, and CNBC's Diana Olick join 'The Exchange' to discuss why more home buyers are moving farther away for affordable housing even if it means a longer commute.
Real estate website Zillow expands into the mortgage business
CNBC - 2 Apr 2019 15:18
Zillow announces a new "Home Loans" division that will allow users shopping for mortgages to receive financing directly from the company.
NY mansion tax expected to raise $365 million per year
CNBC - 2 Apr 2019 14:26
New York real-estate just had its worst quarter since the financial crisis. The state's answer: higher real estate taxes. CNBC's Robert Frank reports.
Watch two experts debate the merits of taxing the wealthy at higher rates
CNBC - 2 Apr 2019 14:25
New York real estate just had its worst quarter since the financial crisis. The state's answer: higher real estate taxes. Mike Konczal, fellow at the Roosevelt Institute, and Dave McIntosh, president for the Club for Gro...
Billionaire Ken Griffin's $238 million apartment boosted average Manhattan real estate prices 10%
CNBC - 2 Apr 2019 06:27
Without Ken Griffin's real estate deal, the average sales price in the first quarter would have been $2,006,952, said Jonathan Miller, CEO of appraisal and research firm Miller Samuel.
Manhattan real estate sales fall for sixth straight quarter--longest losing streak in 30 years
CNBC - 2 Apr 2019 06:01
The drop stems from an over-supply of high-end and highly priced apartments, a lack of foreign buyers and the new federal tax law that has hit real estate in high-tax states.