Real Estate

A real estate agent readies a house for viewing in Venice, Calif. Anne Cusack | Los Angeles Times | Getty Images The housing market heated up at the end of 2019, and that was reflected in growing gains in home values. In December, home prices rose 3.8% annually on the S&P CoreLogic Case-Shiller National Home

Daniel Acker | Bloomberg | Getty Images As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward a four-year low. They could sink even lower. The average rate on the popular 30-year fixed mortgage hit 3.42% on Friday, according to Mortgage News Daily.

Rob and Reshawn Lee bought a four-bedroom home in the suburbs of Dallas, Texas for $300,000. They purchased the home in 2013 and paid it off in 2018. The couple wanted to start their own businesses and felt the flexibility of not having a mortgage payment would give them the confidence to quit their well-paying

Rob and Reshawn Lee decided to quit their jobs in their 40s. Rob had a successful career in IT, and Reshawn worked in sales. Together they would take home over $200,000 in a good year. In 2013, they purchased a $300,000 home near Dallas, with a 15-year loan, putting 10% down. Then they both got

If you want to improve your financial know-how, there are plenty of opportunities to do so. From short online tutorials to extensive in-person bootcamps, the number of “Money 101” classes has ballooned since the Great Recession. And yet, when it comes to financial literacy, Americans are still falling far short. According to a survey by

Michael Bloomberg, former Mayor of New York City, speaks at CityLab Detroit, a global city summit, on October 29, 2018 in Detroit, Michigan. Bill Pugliano | Getty Images Real estate makes strange bedfellows. Mike Bloomberg, the 2020 candidate who is using his personal fortune to try to defeat President Donald Trump on Election Day, owns

Abu Dhabi city skyline, United Arab Emirates. kasto80 | iStock | Getty Images The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21. The stimulus package is aimed at future-proofing and diversifying the Arab world’s second-largest

The freight traffic center in the Gruenheide region east of Berlin. Tesla plans to build its new European Gigafactory in a huge forest nearby. Patrick Pleul | picture alliance via Getty Images Tesla has been ordered by a German court to temporarily halt preparations for its new European factory. Environmental activists had raised concerns with

Gregg Bishop, commissioner of New York City’s Department of Small Business Services, and Jim McGregor, chairman of the greater China region at APCO Worldwide and a former chairman of the American Chamber of Commerce in China, join “Squawk Box” to discuss the business impact of the coronavirus outbreak. 05:52 Thu, Feb 13 20208:00 AM EST

WESLEY CHAPEL, Fla. — The water is a crystal, Caribbean blue, and the palm trees sway over white sand. The only things missing are the smell of salty sea air and the sound of waves slapping on the shore. It’s not a real beach. It is an 8-acre, 16 million-gallon, man-made body of water about

A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images Americans are moving much less frequently. Mobility is actually at a record low. That is fueling strong growth in the home remodeling market. But not all renovation investments yield equal payback. Overall remodeling returns are

Crystal Lagoons is building man-made, Caribbean-like lagoons with white sandy beaches and water sports, away from the actual coasts of the U.S. It is a multinational company that has developed and patented new technologies, allowing it to build and maintain crystal clear lagoons of unlimited sizes at a low cost. 01:51 an hour ago

The soaring One Bennett Park adds a dramatic presence to Chicago’s distinctive skyline. PeterAaron/OTTO Developer Related Midwest announced Tuesday that One Bennett Park, its recently completed 70-story luxury residential tower in Chicago’s Streeterville neighborhood, was named the 2019 Residential Project of the Year as part of the Construction Industry Service Corporation’s Pride in Construction Awards.

A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage lenders were busy last week, but mostly with current homeowners looking to take advantage of low mortgage rates. Total mortgage application volume increased 1.1% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance

Renovations include new floor tiles and a switch from brass accents to stainless steel at the CambridgeSide mall in Cambridge, MA on Jun. 13, 2017. Lane Turner | The Boston Globe | Getty Images UBS is reportedly racing to stanch outflows at its landmark $20 billion real-estate fund amid worries about its retail holdings and

CNBC’s Jim Cramer said he’s rethinking his negative view toward the fate of American shopping malls following Monday’s announcement that Simon Property Group was buying rival Taubman Centers in a $3.6 billion deal. “I came away saying, I guess I’m just too negative on the thing I’m most negative about … the future of the mall,”

Alexandru Mitrita #28 of New York City tries to work his way around Toronto FC defenders during 2019 MLS Cup Major League Soccer Eastern Conference Semifinal match between New York City FC and Toronto FC at Citi Field on October 23, 2019 in the Flushing neighborhood of the Queens borough of New York City. Ira

Fierce competition for lower-end homes, thanks to a combination of low mortgage rates and record low supply, is driving prices higher. That can make it difficult to figure out whether its cheaper, on a monthly basis, to own or rent. The answer is: It depends where you are. The nation’s top 50 metropolitan areas are

An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Homeowners rushed to take advantage of the sharp drop in interest rates last week. Refinance demand pushed mortgage application volume up 5% for the week to the highest level

Starting your own business is one of the most difficult career paths to navigate, and even the most successful entrepreneur makes mistakes. But to really succeed, you need to take risks and understand you will not be successful right from the get-go. It takes a long time to grow a business — and even longer

Cassidy Claire Risien, 34, is a resident at the Haven co-living community in Venice, California. Source: Kalen Hayman Cassidy Claire Risien, 34, is an actor and artist living in Los Angeles but, even with her day job as a spin instructor, her budget is tight. Despite that, she lives in a newly renovated townhouse in

A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images Millions more borrowers can now save big on a mortgage finance as rates have hit the lowest level in more than three years. The average rate on the 30-year fixed mortgage

Park Guell, Barcelona, Spain. Ihor_Tailwind | iStock | Getty Images When Petra Ahmann decided to uproot her life in New York and move to Barcelona, she was motivated by the same reason as many other expatriates. She fell in love with the city. “I felt like I could live here,” Ahmann said. An initial trip

Home concept,Businessmen holding home keys krisanapong detraphiphat Many people entering the traditional home-buying years already have debt – student loans, of course. And those loans can make landing in a new house trickier. “Although many Americans have student loans, mortgage companies will still evaluate these outstanding debts while making their decision to approve or deny

Buying a home is the largest investment most people will make in their lifetime, yet many people overlook some of the basics that lead to negotiating the best deal. This can induce a realm of emotions, including fear, worry, anxiety and even remorse. The reasons are many: bidding wars ensue, processes take longer than expected,

Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as the supply of homes hit a record low during the month. Sales were projected to rise 1% month-to-month. December is historically the slowest month of the year in the housing market. Despite the month-to-month drop, though, 2019 ended

Prospective buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. Daniel Acker | Bloomberg | Getty Images After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually in November, up from 3.2% in October, according to the S&P CoreLogic Case-Shiller National

Miami’s Hard Rock Stadium will host about 65,000 fans on Super Bowl Sunday. While the biggest battle in football will last just one evening, the fight that stadium faces from the effects of climate change will go on indefinitely. It is not alone. Teams and stadiums across country are dealing with flooding, extreme storms, excessive

Changes are coming to credit scores. That may make it harder for some people to get a loan. FICO, developer of one of the most widely used scores by lenders, announced an update to its scoring algorithm, which will change how consumers’ debt levels are weighed. This latest iteration of the FICO score, available this

Richard Sharrocks A case before the Supreme Court has the power dramatically reshape how the U.S. government polices financial fraud and other misdeeds against consumers — which many experts fear would weaken existing protections and expose the public to more harm. The case, which concerns the Consumer Financial Protection Bureau, could ultimately lead to the