Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Weekly mortgage applications jump to highest level in over a month
Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week. Read Article
Surveillance video released of burglars who raided billionaire Mall of America mogul Don Ghermezian's New York mansion
Police released video of the suspected burglars who ransacked the New York mansion of billionaire Don Ghermezian, stealing $140,000 worth of luggage and jewelry. Read Article
Warehouse leasing plummets – because there's so little new space to lease
Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report. Read Article
How real estate can help cities reach the Paris pact goals
Ed Walter of Urban Land Institute says the real estate sector is realizing there are economic benefits to pursuing the Paris climate agreement's goals because reducing energy usage saves cost. He also says Hong Kong REIT prices aren't likely to recover until there's a sense that normalcy will return to the city and weighs in on how trade friction has impacted the property market. Read Article
Project Destined and Acorns bring investing education to youth
A program to teach inner city kids how to become real estate investors is now attracting big name partners in real estate and personal finance. Cedric Bobo, Project Destined co-founder and former principal of The Carylyle Group, and Noah Kerner, Acorns CEO, sit down with CNBC's Diana Olick to discuss. Read Article
Inner-city kids are learning the art of real estate investing from these major property tycoons
Project Destined, a nonprofit program teaching inner-city kids how to develop and invest in real estate, operates in major cities nationwide. Participants gain financially from the profits on real deals in which Project Destined invests. Read Article
Teaching real estate fundamentals through Project Destined
Project Destined teaches inner city at-risk youth about real estate is in 7 cities and boasts major real estate partners like Brookfield, Westfield, Walker & Dunlop and Cortland. Now they are announcing a new partnership with Acorns. Read Article
TJX, Ross, Burlington are beneficiaries of 'roadkill losers in the mall,' Jim Cramer says
Shopping center landlords don't have to worry about off-price retailers going under the next time we have a recession, the "Mad Money" host says. Read Article
An increasing number of buyers are purchasing homes with their friends
The number of people buying homes with friends has doubled in the last year. CNBC's Diana Olick reports on what's behind the numbers. Read Article
More Americans say now is a bad time to buy a home
There was also a drop in the share of people who think now is a good time to sell a home, from 44% to 41%, according to a monthly survey by Fannie Mae. Read Article