Real Estate/REITs

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There's Finally Hope For The Office Real Estate Market

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Sellers and buyers are finally seeing more opportunities to transact.

Gen Z Real Estate Agents Really Want To Sell You A House

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Younger brokers are hoping that things turn around after a brutal year for housing.

Home Prices Extend Records, Rising For A Ninth Straight Month

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A national gauge of prices rose 0.6% in October from September.

U.S. 30-Year Mortgage Rate Slides To 6.67%, Lowest Since June

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Borrowing costs have fallen each week since peaking at 7.79% in late October.

U.S. Previously Owned Home Sales Edge Up From A 13-Year Low

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The increase was a respite from a two-year downturn caused by higher borrowing costs.

10 Most Expensive Residential Real Estate Sales In N.Y. For 2023

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Seven of the top 10 most expensive sales in the city this year were on Billionaire's Row.

New York's Rich Condo Buyers Risk Losing Secrecy Cloak Of LLCs

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A change in the law could keep billionaires from hiding their identities in real estate deals.

Goldman Revises Fed Call, Seeing 'Earlier And Faster' Cuts

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The economists expect the Fed's easing will end when the benchmark rate hits a target range of 3.25% to 3.5%.

New Private Credit Fund Focuses On House-Flipping Market

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The Faes & Co Income Fund invests in bridge financing in the "fix-and-flip" real estate market.

KKR Is Shrugging Off 'Fear In The Market' To Buy Up Risky Debt

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The private investment giant says fears about defaults in the private lending sector are "overblown."

NYC's Financial District Gets Luxury Apartments In Former Office Tower

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Pearl House near South Street Seaport is leasing 588 units in a conversion that began after the pandemic emptied offices.

Carson Block Shorts Blackstone Publicly Traded Mortgage REIT

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Block said the REIT is exposed to a perfect storm of economic conditions hitting real estate.

Gundlach Thinks Lower Interest Rates Could Spark Fall In Housing Prices

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He said it's possible the federal deficit could hit $4 trillion in four to five years.

Debt, Delayed Marriages Keeping Millennials From Home Ownership, Fed Report Says

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Young people's decision to marry and parent later is having an effect on home buying.

Americans Buying Homes Despite High Prices, Rates, BofA Survey Says

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Home buyers are increasingly going through with transactions despite the costs, the bank said.

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.

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