Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
May existing home sales drop for a fourth straight month as affordability squeezes buyers out
Sales of existing homes dropped for the fourth straight month due to a very low supply of homes on the market. Read Article
Google closes its dedicated London start-up space
Google has decided "not to reopen" Campus in East London after it was forced to close by the coronavirus pandemic. Read Article
Invitation Homes CEO says he's not worried about a housing bubble despite price spikes. Here's why
"I would expect that home prices stay relatively stable, if not continue to grow in value," Invitation Homes CEO Dallas Tanner told CNBC. Read Article
Chinese property demand is 'fairly robust' — Deutsche Bank explains why
Factors including urbanization and changing policies could underpin demand for China's residential real estate, said Linan Liu of Deutsche Bank. Read Article
Financial advisors shrug off Fed's inflation, interest rate forecasts
The Federal Reserve sped up its timeline to raise interest rates and predicts higher inflation this year. Financial advisors don't think it's a big deal. Read Article
Mortgage rates shoot higher after Fed Chairman Powell's comments
Mortgage rates moved decidedly higher after Federal Reserve Chairman Jerome Powell moved up his timeline for raising rates and tapering asset purchases. Read Article
Here are some money moves to make while the Fed keeps rates near zero
Rock-bottom rates can help some Americans save money, especially if they can pay down high-interest debt or take out a low-interest loan. Read Article
Eviction protections for renters will extend beyond June in these locations
With millions of Americans still behind on their rent, some states and cities will continue to ban evictions after the national moratorium expires. Read Article
Mortgage refinances rebound as rates drop temporarily to lowest level in a month
After three straight weeks of declines, mortgage demand came crawling back, thanks to a drop in interest rates. Read Article
Lumber prices soar 275% in the pandemic, shutting out homebuilders: CNBC After Hours
