News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
The only way to buy property in Shanghai these days is to win the lottery
Developers in Shanghai are resorting to lotteries as buyers outnumber the homes for sale, South China Morning Post reports. Read Article
Homebuyers are stretching their budgets and mortgage limits to win bidding wars
As the housing market gets ever more competitive and affordability weakens, buyers are doing all they can to win bidding wars and homes. Read Article
US sales of new homes shot up 4 percent in March
Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. Read Article
Home prices surge in February – even as mortgage rates rise
The latest read from the much-watched Case-Shiller Home Price Indices show price gains widening as the supply of homes for sale remains lean. Read Article
Barry Sternlicht: US real estate is my favorite asset class right now
Barry Sternlicht, Starwood Capital Group chairman and CEO, provides insight to the real estate market and where he is seeing opportunity. Read Article
Barry Sternlicht: Caterpillar stock 'looks cheap' here
Barry Sternlicht, Starwood Capital Group chairman and CEO, weighs in on Caterpillar's quarterly results and what they indicates about global growth. Read Article
Barry Sternlicht: Interest rates rise for two reason - one happy, the other risky
Barry Sternlicht, Starwood Capital Group chairman and CEO, weighs in on rising rates and how it could impact the economy. Read Article
Discussing the impact of tighter credit conditions in China
Kaven Tsang of Moody's Investors Service says tighter credit conditions in China will likely hit the smaller property developers harder than the larger ones. Read Article
Tax bill will slash by half the number of homeowners claiming the mortgage deduction
An estimated 13.8 million taxpayers will be able to use the mortgage interest deduction in 2018, down from more than 32.3 million last year. Read Article
Tax bill will slash by half the number of homeowners claiming the mortgage deduction
About 13.8 million taxpayers will use the mortgage interest deduction in 2018, down from 32.3 million last year. Read Article