Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
December home sales drop 4.6%, as supply hits record low
Home sales were weaker than expected in December as mortgage rates rise. Read Article
Jobless claims jump to 286,000, the highest level since October
Initial filings totaled 286,000, well above the estimate of 225,000 and a substantial gain from the previous week's 231,000. Read Article
Real estate is the most 'zombified' sector and rate hikes will be a big risk, says consultancy
There's a "big risk" of real estate companies filing for insolvency when interest rates rise, said Nils Kuhlwein of consulting firm Kearney. Read Article
Homebuyers are rushing to get mortgages before higher rates price them out
Fast-rising mortgage rates are causing homebuyers to rush into the housing market before they get priced out. Read Article
Mortgage rates jump again, causing headaches for homebuyers
Mortgage rates just hit the highest level since April 2020 and seem to have nowhere to go but up. Read Article
Homebuilder confidence drops for the first time in four months, as inflation hits materials
Homebuilders are facing rising costs for materials and labor, causing the first drop in builder confidence in four months. Read Article
Here are the top spots to shop for the winter vacation home of your dreams
New York's eviction ban expires Saturday. What renters need to know
New York's statewide eviction ban lifts Saturday. But many struggling tenants still have options that could help them stay in their home. Read Article
Google expands London property empire with $1 billion office purchase
Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. Read Article
Manhattan rents were the highest ever for December
The surge marks a dramatic turnaround from a year ago, when even the most bullish brokers predicted a years-long recovery. Read Article