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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Sales of the cheapest and swankiest homes are tanking, but for very different reasons
Sales of existing homes were weaker than expected in March, but behind the headline numbers, an even more disconcerting dynamic is playing out. Both the high end and the low end of the market are faring worst due to completely different factors. Read Article
US existing home sales in March down more than expected
CNBC's Diana Olick reports on new data on existing home sales in March. Read Article
Home sales fall 4.9% in slow start to spring buying season
Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties. Read Article
Abu Dhabi's property law reforms are 'game changing': CEO
Abu Dhabi is relaxing its foreign real estate investment laws. Talal Al Dhiyebi of Aldar Properties says, with this change, his company wants to attract non-resident property investors. Read Article
Abu Dhabi's real estate investment law reforms are 'gaming changing,' developer says
The relaxing of foreign real estate investment laws in Abu Dhabi will create jobs and stoke demand for property, according to Aldar Properties CEO Talal Al Dhiyebi. Read Article
Retirees are flocking to these 3 states — and fleeing these 3 states in droves
New Mexico has the top honor of being the number one retirement destination, according to a study from United Van Lines. Here's what you should know before you leave your state for a new locale. Read Article
Mortgage purchase applications hit highest level in 9 years
Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back. Read Article
Rally in FAANG stocks are a 'head fake,' says investor
Tony Scherrer of Smead Capital Management says investors should sell FAANG stocks and buy "disregarded" stocks such as banks or home builders. Read Article
Homebuilder sentiment inches higher, but affordability is still a problem
Builder confidence rose 1 point to 63 in April on the monthly National Association of Home Builders/Wells Fargo Housing Market Index. Read Article
General Electric agrees to pay $1.5 billion civil penalty
CNBC's Dom Chu reports on the settlement reached between General Electric and the Department of Justice. General Electric agreed to pay a $1.5 billion penalty for allegations related to subprime lending unit Read Article