Real Estate/REITs

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Advisor To Serve 8 Years For Scamming $4.3M From Amish

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Earl D. Miller was ordered to pay over $2 million in restitution, the U.S. Attorney's Office said.

Bank Of America To Pay $12 Million Over Reporting Of False Mortgage Data

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Some of the bank's loan officers allegedly failed to ask applicants about their race, ethnicity and sex and then lied about it.

Home Prices Hit Record With Eight Straight Months Of Gains

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Shoppers are getting dragged into bidding wars for the scant supply of listed properties.

U.S. Mortgage Rates Slide Sharply, Reinvigorating Housing Demand

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The drop spurred a fresh round of applications to purchase homes.

Fed Sees Risks For Banks From U.S. Office Space, Interest Rates

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Nevertheless, the overall banking system "remains sound," the central bank said.

U.S. 30-Year Mortgage Rate Tumbles By Most In More Than A Year

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The contract rate on a 30-year fixed mortgage slid 25 basis points last week to 7.61%.

Why 6% Commissions On U.S. Home Sales Are On Trial

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The broker commission system is under attack from multiple directions.

The 10 Worst States For Saving For A Home

by FA Staff

Here are the places that pose the biggest uphill climb for would-be home buyers.

Blackstone's $66 Billion Real Estate Trust Limits Redemptions For 12th Month

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Blackstone Real Estate Income Trust's investors sought to pull $2.2 billion last month, compared with $2.1 billion in September.

Global Real Estate Fundraising Slumps 71% With Rate Risk

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Office sales declined 20% in Q3, while industrial and residential building deals fell 3.2% and 6.3%, respectively.

Zillow Plunges After Verdict On Real Estate Brokerage Commissions

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A jury awarded $1.785 billion in damages after finding the real estate industry colluded to inflate commissions.

Mortgage Rates At 8% Make A Brutal U.S. Housing Market Even Worse

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These days, the few buyers that are still hunting are fighting over scraps.

Want A Second Home? Better Be Careful, Advisors Say

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Clients shouldn't take the multiple homeownership plunge without careful planning.

With Housing, Millennials Have Much To Complain About

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The standard metrics obscure just how unlikely it has become for young adults to own a home in the U.S.

U.S. Housing Affordability Worsens To New Record Low On High Rates

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A series of interest-rate hikes by the Fed and a surge in bond yields have skyrocketed mortgage rates.

Schwab's Sonders Sees A Recession As 'More Likely Than Not'

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The U.S. economy has undergone deep, lasting changes since the start of the pandemic, she said during a panel discussion.

Gundlach Sees Layoffs Coming, Bad Environment For Banks

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The DoubleLine CEO said that a wave of productivity-related post-pandemic layoffs is about to commence.

Blackstone's $67 Billion Real Estate Fund Sees Withdrawal Requests Decline

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BREIT returned about 29% of what investors requested in September.

Florida Overtakes New York As Second-Biggest Housing Market

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Miami has also surged up the rankings to become the fifth-largest metropolitan housing market.

World's Mega-Rich Are Betting On U.S. Renters To Grow Their Billions

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Over the past decade, ultra-wealthy individuals and their firms have more than doubled their investments in apartments.

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