Real Estate News

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

Real Estate

Rising rates, home prices putting pressure on housing affordability

CNBC's Diana Olick reports on the combination of rising mortgage rates and home prices slamming affordability. Read Article

Mon, 22 Oct 2018 09:48:00 PDT

Cramer warns that a 5% mortgage rate is the 'line in the sand' before the economy really gets hurt

"The mortgage rate is very high in this country," putting a drag on the economy as housing-related companies struggle, CNBC's Jim Cramer says. Read Article

Mon, 22 Oct 2018 07:23:00 PDT

This NY farmhouse was built in 1687 and is now listed for $1.3M: Take a look inside

It's the oldest existing farmhouse in Scarsdale. Read Article

Sun, 21 Oct 2018 12:18:00 PDT

Trump's 'opportunity zones' are popular with investors, but they might offer less benefit to voters

The Trump administration announced new tax rules to help spur investment in economically distressed neighborhoods. While investors can expect immediate tax breaks, the benefits to voters in targeted neighborhoods are harder to measure. Read Article

Fri, 19 Oct 2018 12:17:00 PDT

Investors can get big tax breaks if they invest in 'opportunity zones' under new Treasury rules

The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first. Read Article

Fri, 19 Oct 2018 08:30:00 PDT

Home equity has come 'roaring back' from the recession and owners are poised to tap it

With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt. Read Article

Fri, 19 Oct 2018 08:03:00 PDT

Existing home sales down 3.4% in September

CNBC's Diana Olick reports the latest read on existing home sales from the National Association of Realtors. Read Article

Fri, 19 Oct 2018 07:00:00 PDT

'Very slow' cooling of China's economy was expected: BNP Paribas

Tianhe Ji of BNP Paribas says the slowing growth of China's economy is expected to continue for the rest of the year and 2019. Read Article

Thu, 18 Oct 2018 19:42:00 PDT

Higher rates hitting both home buyers and builders

CNBC's Diana Olick reports that interest rates hit a near seven-year high, hitting homebuilding stocks and home buyers. Read Article

Thu, 18 Oct 2018 09:50:00 PDT

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

Bank of America Merrill Lynch downgrades homebuilder stocks Toll Brothers, PulteGroup and NVR and lowers its homebuilding estimates for 2018 and 2019. Read Article

Thu, 18 Oct 2018 05:53:00 PDT
Wayne Strickland
RE/MAX Southland Realty
Ph: (919) 773-0991Fax:(919) 773-0186
5160 Hwy 42 West
Garner, NC 27529 US
www.waynesproperties.com
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