Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateHome buying and selling went virtual during the pandemic. Can it stay that way?Zoom video calls and virtual walkthroughs became real estate mainstays during coronavirus, but the need for physical home tours is not likely to go away. Read Article Sat, 11 Jul 2020 07:00:01 PDT Looming evictions may soon make 28 million homeless in U.S., expert says"We have never seen this extent of eviction in such a truncated amount of time in our history," housing expert Emily Benfer said. Read Article Sat, 11 Jul 2020 20:10:49 PDT Covid-19 mortgage bailouts drop by 435,000 but extensions increaseThe number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. CNBC's Diana Olick reports. Read Article Fri, 10 Jul 2020 04:33:41 PDT Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending termsThe number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. Read Article Fri, 10 Jul 2020 04:34:18 PDT Two stocks could be the best play to ride housing boom, says Oppenheimer's Ari WaldAri Wald, Oppenheimer head of technical analysis, discusses how to trade the housing sector and several of its ETFs, with CNBC's "Fast Money" traders. Read Article Thu, 09 Jul 2020 15:09:58 PDT CEO of Century 21 parent says suburban home search is up across the country, following New York's lead"In every urban geography, the web traffic ... has changed, versus 6 to 12 months ago, to be much more suburban," Realogy CEO Ryan Schneider said. Read Article Thu, 09 Jul 2020 12:48:44 PDT 'Shark Tank' investor Herjavec: We're about to see biggest exodus from cities in 50 years"I recently moved out of Los Angeles into a suburban area, and I can tell you on a very personal level, my area is on fire," "Shark Tank" investor Robert Herjavec told CNBC. Read Article Fri, 10 Jul 2020 06:22:25 PDT Evictions could hit crisis level—Here's how it's impacting real estate trendsCNBC's Kelly Evans breaks down the threat of evictions amid coronavirus and trends in the housing sector with CNBC's Diana Olick and Ryan Schneider, CEO of Realogy. Read Article Thu, 09 Jul 2020 10:33:54 PDT Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancingsThe move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet. Read Article Fri, 10 Jul 2020 08:00:06 PDT New York City rentals experience worst June in more than a decade amid Covid-19 crisisData on rentals out of New York City signal a crisis with city residents emptying out fast. CNBC's Robert Frank reports. Read Article Thu, 09 Jul 2020 06:54:47 PDT |
