Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Homebuilders are not getting a bump from lower mortgage rates
Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. Read Article
Democratic state senator blasts Amazon's HQ2 as a PR scam, saying 'New York fell for it'
"I don't think it's worth providing $3 billion and setting a precedent" for other companies to pick the city's pockets, state Sen. Michael Gianaris says. Read Article
These rental suites double as American-made showrooms, but it was tough finding a toaster
Patrick Flynn launched GoLocal Suites, which provides fully furnished rental suites where nearly everything inside is made in America. Read Article
This map shows where Americans are struggling to repay their car loans
A new map by the Urban Institute traces auto delinquency rates in counties across the U.S. Read Article
Mortgage applications rise 1.6% as interest rates drop to lowest level since September
December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. Read Article
Homeowners are seeing the smallest equity gains in two years
The drop in equity gains has been sharpest in the third quarter of this year. In fact, after hitting a record high, the amount of tappable equity fell quarter to quarter for the first time since the housing recovery began. Read Article
A new study shows 89 percent of millennials want to be homeowners—but this keeps them back
A new study from Apartment List highlights the overall feelings millennials have towards purchasing a home. Read Article
US mall owners have been slow to change for years. But now they're trying to embrace it
As 2018 comes to an end, it's been announced that more than 146 million square feet of retail space will be shut across the U.S. in malls and shopping centers, according to real estate research group CoStar. Read Article
Co-working space operator: Localization is very important
Kong Wan Sing, CEO of JustCo, says real estate is a "very localized business," and the company has local teams in the cities it operates in. Read Article
Mortgage rates fall to two-month low
CNBC's Diana Olick takes a look at mortgage rates dropping amid market madness. Read Article