Trump effect: That house you want got $16,000 more expensive since he won
Since Trump's victory, rising mortgage rates have made homes the least affordable since the Great Recession. Source link …Read More
Real Estate News
Marijuana REIT prices IPO, shares drop early on
A San Diego real estate firm that aims to own buildings used to grow medical marijuana became a publicly traded company on Thursday, opening at $20 a share but seeing its stock price fall by the end of the week. Shares …Read More
Donald Trump names JPMorgan, Blackstone CEOs to advisory board
President-elect Donald Trump’s latest selection of leaders involves a new idea: the President’s Strategic and Policy Forum. The group is comprised of 16 CEO, which includes Stephen Schwarzman, chairman, CEO, and Co-Founder of Blackstone, and Jamie Dimon, chairman and …Read More
Airbnb promises to quit clogging up city housing
Airbnb is acting on a pledge to stop making a shortage of long-term rentals worse in cities such as London and Amsterdam. Source link …Read More
Unmasking the Millennials
Zillow’s new Zillow Group Report on Consumer Housing Trends, authored by Stan Humphries, Chief Analytics Officer and Chief Economist, is a remarkably valuable 21st Century addition to the body of research profiling the changing face of residential real estate. Its many …Read More
Pending home sales in October up 0.1% pre-election, before rate spike
Signed contracts to buy existing homes rose just 0.1 percent month-to-month in October. Source link …Read More
Trump taps Wall Street executive and Hollywood producer Steven Mnuchin for Treasury secretary
President-elect Donald Trump has chosen Steven Mnuchin, a wealthy Wall Street executive and Hollywood movie producer who served as his campaign finance chairman, to be the next Treasury secretary, according to a person familiar with the decision. Mnuchin’s deep roots on Wall …Read More
As expected, appraisal volume plummets after Thanksgiving holiday
Appraisal volume, to no surprise, tumbled in the latest report due to the Thanksgiving holiday. However, a la mode explains how this drop compares to the past. Source link …Read More
To win Ohio, Clinton courts Millennials in America's hottest city
The fate of the U.S. presidential election is somewhat in the hands of Cleveland voters, especially the young. CNNMoney talks to the young voters Hillary Clinton’s campaign is trying to win over. Source link …Read More
Are Starter Homes Going the Way of the Station Wagon?
The Millenial generation’s slow start in adulthood is still causing aftershocks in the housing economy. Unemployment, underemployment and student debt have delayed their household formation beyond the timeframe of earlier generations. Low interest rates and low down payment programs were …Read More