ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Patrick Carroll, Carroll Management Group founder and CEO, joins ‘Power Lunch’ to discuss which way Carroll sees rents trending, if the company’s a builder of homes or an investor and whether there’s a lasting impact from the pandemic on the real estate […]
CNBC’s Diana Olick reports on mortgage rates.
CNBC’s Robert Frank reports on New York City’s growing housing affordability crisis.
Investors nervous about Blackstone’s real estate investment trust should view it as a long-term vehicle that’s well-positioned for the future, the firm’s president said Thursday. Blackstone has taken heat over the past week for limiting withdrawals from the $69 billion private REIT, the Blackstone Real Estate Income Trust (BREIT). That move followed redemption requests that […]
CNBC’s Robert Frank joins ‘Squawk Box’ to report why New York City rents remain stubbornly high even as rents across the country cool.
Real-estate investment trust American Homes 4 Rent is well-positioned as single-family home rentals become more in demand, according to Goldman Sachs. Analyst Chandni Luthra upgraded the stock to buy from neutral, citing the company’s focus on the area of rentals slated to become hotter in the changing economy. Her price target of $39 implies a […]
The national average credit score sits at an all-time high of 716, unchanged from a year ago, according to a report from FICO, developer of one of the scores most widely used by lenders. However, this marks the first time since the Great Recession that scores did not improve year over year, the report found. […]
A “For Sale” sign in front of a home in Sacramento, California, on Monday, Dec. 5, 2022. David Paul Morris | Bloomberg | Getty Images Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers. Mortgage application volume fell 1.9% last […]
View of the Hong Kong skyline from Hong Kong Island. Ingo Schulz | imageBROKER | Getty Images Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices in one of the world’s most expensive cities to work in. And […]
Austin Wells loves to travel the world. But he doesn’t like long flights, jet lag or an unsettled routine. And that’s why, Wells, who is 28 and lives in San Diego, leased a residence on board a luxury boat that he will move into — and work remotely from — for at least three years […]