Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Existing home sales fall 2% as first-time buyers are priced out
The share of first-time buyers fell to just 19% of all sales, the lowest since January 2019. Read Article
Stronger mortgage demand points to September surge in home sales
Mortgage demand rose last week as more buyers came into the housing market. Read Article
Evergrande crisis will hurt China's economic growth, says former central bank advisor
A default by Evergrande will have minimal effect on the Chinese financial system, said Li Daokui, a former advisor at the People's Bank of China. Read Article
Rep. Bush, Sen. Warren introduce bill to reinstate federal eviction moratorium
The legislation from Cori Bush and Elizabeth Warren comes after the Supreme Court shot down a Biden administration eviction moratorium. Read Article
Google plans to buy New York office building for $2.1 billion
Google plans to buy a New York City office building for $2.1 billion, the company announced Tuesday. Read Article
China likely won't bail out Evergrande directly unless there's 'far-reaching contagion,' S&P says
Fears over a potential contagion from embattled developer China Evergrande Group dragged down the Hang Seng index in Hong Kong by more than 3% on Monday. Read Article
Banks consider climate risk for home loans, a process called 'underwaterwriting' or 'blue-lining'
Blue-lining is when banks or mortgage lenders draw lines of risk around certain neighborhoods and streets, often without clear disclosure. Read Article
Homebuilder sentiment improves for first time in three months after a big drop in lumber prices
Homebuilder sentiment improved for the first time in three months as lumber prices eased. Read Article
Evergrande collapse could have a 'domino effect' on China's property sector, AllianceBernstein says
Some developers "can't survive much longer" if the refinancing channel remains shut for a prolonged period, warned AllianceBernstein's Jenny Zeng. Read Article
Artificial intelligence is taking over real estate – here's what that means for homebuyers
Real estate companies are increasingly using artificial intelligence in every aspect of buying, selling and home financing. Read Article
