Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Biden administration may undo certain Trump-era mortgage rules

The CFPB said Tuesday it may rewrite or undo Trump-era rules for certain mortgages. Consumer groups say those rules may lead banks to make riskier loans. Read Article

Wed, 24 Feb 2021 14:58:57 PST

Gap to invest $140 million to build Texas warehouse as online sales swell

The Longview, Texas, warehouse will be able to process 1 million packages per day as Gap tries to double its online business over the next two years. Read Article

Wed, 24 Feb 2021 09:43:18 PST

Weekly mortgage application volume drops 11% as rates spike and Texas power outages hurt demand

Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Read Article

Wed, 24 Feb 2021 04:00:47 PST

December home prices rose 10.4%, the biggest gain in 7 years, Case-Shiller says

December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020. Read Article

Tue, 23 Feb 2021 06:35:10 PST

New York Attorney General Letitia James says Trump Supreme Court ruling won't affect her tax probe

The New York attorney general and Manhattan DA are separately investigating President Donald Trump and his company. Read Article

Mon, 22 Feb 2021 13:50:35 PST

More Americans are looking to move as remote work gains acceptance during Covid pandemic

Twenty-eight percent of Americans have considered relocating during the pandemic, NPD said. Read Article

Mon, 22 Feb 2021 11:12:57 PST

Ready to book your summer rental on Nantucket? You're too late

The run on Nantucket real estate last summer is now causing a shortage of both homes for sale and rentals, and prices for both are going through the roof.  Read Article

Fri, 19 Feb 2021 09:13:54 PST

Existing home sales rise slightly in January, but record low supply weighs on market

After a brief pullback in December, homebuyers returned to the market, although they are still being hampered by record low supply. Read Article

Fri, 19 Feb 2021 08:10:32 PST

Dropbox slips to a loss after taking $400 million real estate hit due to remote work

In October Dropbox said all employees would mainly work remotely instead of in offices. That's coming at a cost. Read Article

Thu, 18 Feb 2021 14:25:07 PST

Lumber prices top $1,000 for the first time as single-family housing starts drop 12%

Consumers want more newly built, affordable homes, but builders are finding that hard to deliver, especially as prices for framing lumber spike ever higher. Read Article

Thu, 18 Feb 2021 14:10:52 PST