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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
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
Mortgage rates drop to 2-month low—an unexpected holiday gift to housing
Mortgage rates are falling sharply, as investors head to the relative safe haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent, according to Mortgage News Daily. Read Article
Mortgage applications rise 2%, but buyers seem unimpressed by lower rates
While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer. Read Article
Impact of slower GDP growth on Australian politics
Andrew Ticehurst of Nomura Australia says slower GDP growth in the country makes the political environment "more difficult" and "challenging." Read Article
Toll Brothers' new orders lowest in more than four years
CNBC's Diana Olick talks about Toll Brothers' earnings report and expectations for next year. Read Article
Luxury home sales could see long winter chill
The heat in housing demand is cooling across the nation and across most price points, but luxury is really feeling the chill. Luxury homebuilder Toll Bros. reported weaker demand, especially in California, where home prices are highest. Read Article