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Real Estate News
Real Estate
Retirees are flocking to these 3 states — and fleeing these 3 states in droves
New Mexico has the top honor of being the number one retirement destination, according to a study from United Van Lines. Here's what you should know before you leave your state for a new locale. Read Article
Mortgage purchase applications hit highest level in 9 years
Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back. Read Article
Rally in FAANG stocks are a 'head fake,' says investor
Tony Scherrer of Smead Capital Management says investors should sell FAANG stocks and buy "disregarded" stocks such as banks or home builders. Read Article
Homebuilder sentiment inches higher, but affordability is still a problem
Builder confidence rose 1 point to 63 in April on the monthly National Association of Home Builders/Wells Fargo Housing Market Index. Read Article
General Electric agrees to pay $1.5 billion civil penalty
CNBC's Dom Chu reports on the settlement reached between General Electric and the Department of Justice. General Electric agreed to pay a $1.5 billion penalty for allegations related to subprime lending unit Read Article
Mortgage demand is up quite a bit: Quicken Loans founder
Dan Gilbert, founder and chairman of Quicken Loans, and Jay Farner, CEO of Quicken Loans, joins CNBC's "Squawk Box" to discuss the state of the mortgage sector as home buyers prepare for spring. Read Article
People are refinancing their mortgages, says Quicken Loans chairman
Dan Gilbert, founder and chairman of Quicken Loans and owner of the Cleveland Cavaliers, joins 'Squawk Box' to discuss the state of the mortgage sector as homebuyers prepare for spring. Read Article
California plan aims to slash state's child poverty rate in half by 2039
A bill pending in the California Legislature sets an ambitious goal of cutting the state's child poverty rate in half by 2039 and also eliminating the number of kids in "deep poverty" by 2024. Read Article
Rent vs buy is a matter of financial AND emotional decisions
Unless you are flush with cash, you need to be thorough in your analysis when deciding to rent or buy a home. Diana Olick explains. Read Article
China developer Soho wins 'feng shui' lawsuit against blog who claimed its property was unlucky
A Chinese court ruled that a blog operator must apologize and pay nearly $30,000 to real estate developer Soho China for reputational damage. Read Article