No one leaving New York City because of Mamdani, say two top real estate CEOs
New York City Mayor-elect Zohran Mamdani's democratic socialist views spark fears companies and capital will flee, but top real estate CEOs say it's not true.
New York City Mayor-elect Zohran Mamdani's democratic socialist views spark fears companies and capital will flee, but top real estate CEOs say it's not true.
Portland, Oregon-based startup Prophetic has developed an AI-native platform for land acquisition and development analysis.
All phases of the foreclosure process are seeing big increases, as homeowners fall behind on mortgage payments due to stress in the economy.
Arrived is announcing a new $27 million fundraise to help launch a secondary market platform.
Homebuyer demand for mortgages climbed last week to the highest level since September, even though interest rates also rose. Refinance demand, however, dropped.
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, is a legendary, legacy real estate investor. He called the impact of AI "terrifying."
The intended purpose of a longer-term mortgage would be to lower the monthly payment for homeowners. But a lower monthly payment, has other trade-offs.
Fannie Mae and Freddie Mac could allow crypto holdings to be included in mortgage risk assessments.
British real estate listing company Rightmove on Friday lowered its operational profit expectations for 2026.
Built Technologies unveiled an AI agent for what's known as draw requests, when developers or construction firms ask lenders for the next stage of financing.
Billionaire real estate investor Barry Sternlicht said his New York team at Starwood Capital is saying for the first time, "Maybe we should leave."
Industrial outdoor storage (IOS) is suddenly seeing significant demand and rent growth amid lean supply.
Mortgage rates started last week quite low and then shot higher, causing demand for both refinance and purchase mortgages to drop.
CRE deal trends in September reveal several themes: Flight to quality, economic uncertainty hitting the hotel sector hard, and a growing interest in two sectors.
JLL found that 88% of investors, owners and landlords said they have started piloting AI, with most pursuing an average of five use cases simultaneously.
Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from the chairman on future cuts.
More buyers are turning to adjustable-rate mortgages, which offer lower initial rates than fixed-rate loans. But there are some risks.
Here’s a look at all of the ways the Fed decision could affect your finances.
Vacancy rates in the subsector were 7.8% at the start of 2016, but came down to 4.4% by the beginning of this year, according to data from CoStar Group.
Refinance demand, which is most sensitive to interest rate changes, jumped 9% for the week and was 111% higher than the same week one year ago.
While home prices aren't yet falling, they're weaking — and rising at a slower pace than the current 3% rate of inflation.
Many types of consumer loans are impacted when the Fed trims its overnight lending rate.
Manhattan is still among the most expensive markets in the country, especially on a per-square-foot basis.
Home sales rose slightly in September, thanks to falling mortgage rates and more supply on the market, but prices are still gaining from a year ago.
Rents for both single- and multifamily homes are coming down, as more supply hits the market and demand weakens.
Most real estate agents surveyed by CNBC listed affordability as the No. 1 reason why buyers are delaying their purchases.
Chinese policymakers won't likely release much more support for the struggling property sector, as tech competition and other issues are more pressing.
Sliding mortgage rates are pushing more current borrowers to refinance and also juicing demand for adjustable-rate loans.
Roughly $4 trillion of real estate will be tokenized by 2035, according to the Deloitte Center for Financial Services.
President Trump is threatening to call in federal troops to San Francisco as evidence mounts that the city is undergoing a post-pandemic resurgence.
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