News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Homebuilder and construction stocks enter bear market
Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment. Read Article
Homebuilder sentiment falls to the lowest point in almost a year as affordability concerns intensify
While sentiment is still relatively high, builders are increasingly concerned over rising home prices and material costs. Read Article
Weekly mortgage applications drop as homebuyers drop out
Mortgage interest rates ticked lower last week, but that wasn't enough to entice homebuyers, according to the Mortgage Bankers Association. Read Article
Property is the only 'safe bet' for many Chinese families to invest in: Analyst
Stock market volatility could have led to more people to invest in real estate, which explain why house prices in China have increased, says David Ji of Knight Frank. Read Article
Guinness opens its first US brewery in 60 years
US fans of Guinness won't have to travel to Ireland to indulge in a fresh pint: Guinness just opened a $90 million brewery in Baltimore, USA Today reports. Read Article
41 million Americans live in a flood zone. Here's what you need to know about flood insurance
Millions of Americans live in flood zones and the damage can be devastating — especially without insurance, Bankrate reports. Here' are 5 things you should know. Read Article
NYC real estate tops new list with the most expensive per square foot rates in the US—some over $10K
A new report from real estate firm NeighborhoodX reveals New York City is the most expensive place to buy in the country on a per square foot basis. Read Article
Here's why affordability in U.S. housing market is at record lows
Diana Olick analyzes a report by the National Association of Home Builders that reveals the trend of decreasing affordability in the U.S. housing market. Read Article
Housing affordability hits weakest level in a decade
CNBC’s Diana Olick reports on the state of housing as affordability weakens. Read Article
Millennials are still crashing with their parents despite the strong economy
The number of millennial homeowners has fallen sharply since 2000 — a surprising statistic given that the economy has since recovered from the great recession, Bankrate reports. Read Article