Real Estate

Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry.  The real estate compensation model is at the heart of the issue. Plaintiffs contend that commission rates are too high, buyer brokers are being overpaid, and

In this article WE Follow your favorite stocksCREATE FREE ACCOUNT The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, 2023. Embattled office-sharing firm WeWork on August 8 warned US regulators that it is worried about its survival. Citing financial losses, cash needs, and a

A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images As mortgage rates hover near the highest level in more than two decades, homebuyers are turning to riskier mortgage products to help them get into a home. Last week, the average contract interest rate for 30-year fixed-rate

In this article AVB CPT EQR JBGS MAA UDR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration AvalonBay Communities, Inc. logo seen displayed on a smartphone and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Washington, D.C., Attorney General Brian Schwalb’s office

Donald Trump Jr. and his brother Eric Trump arrive at New York Supreme Court for former President Donald Trump’s civil fraud trial on November 02, 2023 in New York City.  David Dee Delgado | Getty Images The two oldest sons of former President Donald Trump are set to testify Thursday in the $250 million New

Ivanka Trump David A. Grogan | CNBC Ivanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge‘s order requiring her to testify in the case next week. The request to stay the entire trial came at the tail

A sign ‘FOR SALE’ seen outside a house in Edmonton on October 22, 2023, in Edmonton, Alberta, Canada. (Photo by Artur Widak/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The National Association of Realtors announced Thursday that CEO Bob Goldberg will resign earlier than expected, as the group contends with the fallout from

The late Ivana Trump’stownhouse in New York has sat on the market for one full year with no takers. In September, it took a $4 million cut from its original asking price, down to $22.5 million.  The extravagant residence remains virtually untouched since her death in July 2022. In fact, very little has changed since

Donald Trump Jr., executive vice president of development and acquisitions for Trump Organization Inc., speaks at the Turning Point Action conference in West Palm Beach, Florida, US, on Sunday, July 16, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Donald Trump Jr., the eldest son and co-defendant of former President Donald Trump, is expected

The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current sky-high borrowing costs. Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range of 5.25% to 5.5%, the

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China signaled support for property developers and resolving

An aerial image shows a red roofed house that survived the fires surrounded by destroyed homes and buildings burned to the ground in the historic Lahaina in the aftermath of wildfires in western Maui in Lahaina, Hawaii on August 10, 2023. Patrick T. Fallon | AFP | Getty Images Along East Boston’s waterfront sits The

Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the

An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the

Chris Wattie | Reuters The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting next week, even though the central bank’s preferred inflation indicator remains well above the 2% target rate. Late last month, Fed Chair Jerome Powell said ”inflation is still too high,” raising expectations that another rate hike may

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023.  Jeenah Moon | Reuters Former President Donald Trump on Thursday railed against the judge who will deliver verdicts in his $250 million New York fraud

Residential buildings in Hong Kong, China on October 23, 2023. Vernon Yuen | Nurphoto | Getty Images Hong Kong’s leader John Lee this week eased the city’s decade-old residential property cooling measures — but questions remain on whether it’s enough to boost market sentiment and low transaction volumes for the private housing sector. “Although relaxation

A townhouse for sale in the Upper East Side neighborhood of New York City. Adam Jeffery | CNBC Mortgage demand has essentially stalled at the slowest pace since 1995 as mortgage interest rates continue to rise. Total application volume dropped 1% last week compared to the previous week, according to the Mortgage Bankers Association’s seasonally

In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick / Getty As home prices and interest rates rise, would-be home buyers need a salary of $114,627 to afford a median-priced house in the U.S., according to a recent report by real estate site Redfin. If you want to buy in one of the most

Nurphoto | Nurphoto | Getty Images As mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing affordability dead? Has a version of the American dream — home ownership, kids, backyard barbecues — died with it? The question is sharp because housing affordability has dropped by