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Before coronavirus: January home price gains were strong: S&P Case-Shiller

CNBC Real Estate
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Home prices were seeing even bigger gains in January than all of last year, but that was before the coronavirus hit the U.S., shutting down......
CNBC - Real Estate

Logistics and data centers among top real estate investment picks

CNBC Real Estate
Henry Chin from real estate services and investment firm CBRE says there are some bargain hunting opportunities in the market right now due to the coronavirus outbreak. He shares who the top investors are and some of their most favorite investments in the commercial sector at the moment. CNBC –......
CNBC - Real Estate

Virtual and solo home touring soars

CNBC Real Estate
Zenplace robot shownig a home to prospective buyers. Source: Zenplace While homebuyer demand has plummeted, there are still some out there who may need to move, and either purchase or rent a home. So, much like all interaction in the age of COVID-19, home touring is moving online and going......
CNBC - Real Estate

Fed’s security purchases threaten US housing market

CNBC Real Estate
© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by CNBC – For more......
CNBC - Real Estate

“Listing Impossible” star says coronavirus may crush real estate market

CNBC Real Estate
Newly constructed single family homes are shown for sale in Encinitas, California, July 31, 2019. Mike Blake | Reuters With more than 92,000 coronavirus cases and at least 1,380 deaths in the U.S. that have been linked to COVID-19, the U.S. currently has the most reported cases of coronavirus across the......
CNBC - Real Estate

WeWork reassures investors it has enough cash to weather coronavirus

CNBC Real Estate
WeWork Executive Chairman Marcelo Claure during an interview with Andrew Ross Sorkin at WeWork headquarters in New York City on February 10, 2020. David A. Grogan | CNBC WeWork is telling investors it has enough cash on hand to execute its long-term plans and weather the near-term challenges posed by......
CNBC - Real Estate

There’s a mortgage REIT meltdown—Here’s what’s happening

CNBC Real Estate
CNBC’s Kelly Evans talks with Dom Chu and Diana Olick about the mortgage REIT meltdown as mortgage servicers face severe liquidity risk. CNBC – For more and to sign up click here...
CNBC - Real Estate

Commercial mortgages could be on brink of collapse

CNBC Real Estate
Lawmakers are working to reach an agreement on a massive stimulus package to combat the economic impact of coronavirus. Real estate investor Tom Barrack, Colony Capital chairman and CEO, is warning commercial mortgages are on the brink of collapse and that we are seeing the beginning of “a second crisis......
CNBC - Real Estate

Weekly mortgage applications tank 29% as coronavirus stops homebuyers

CNBC Real Estate
A woman looks at real estate listings outside a Berkshire Hathaway Home Services office in Montclair, N.J. Adam Jeffery | CNBC An increase in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to back away from the mortgage market. Total mortgage application volume......
CNBC - Real Estate

WeWork memo offers employees $100 a day during coronavirus lockdown

CNBC Real Estate
WeWork is offering some of its employees $100 a day if they feel comfortable coming into work amid the coronavirus outbreak.  Earlier this week, WeWork’s COO Shyam Gidumal offered members of the company’s community teams a bonus worth $100 a day or up to $500 week through the month of......
CNBC - Real Estate

Behind the bipartisan push for nationwide remote online notarization

CNBC Real Estate
Currently, there are nearly 2,100 counties that provide some electronic access to their property records, but that’s means about a third of the jurisdictions in the country still don’t have the ability to accept digital documents. Sen. Kevin Cramer (R-ND) and Sen.Mark Warner (D-VA) introduced Securing and Enabling Commerce Using......
CNBC - Real Estate

Mortgage closings at risk as coronavirus shutters title offices

CNBC Real Estate
H&R Block Mortgage sign Jb Reed | Bloomberg | Getty Images Not even a month ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400% annually, and home buyers were out early and in force. But now some of those loans are......
CNBC - Real Estate

February sees strong housing data as home sales surge

CNBC Real Estate
© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by CNBC – For more......
CNBC - Real Estate

Bills in Congress would protect credit scores during coronavirus

CNBC Real Estate
As the U.S. economy skids and many Americans scramble to make ends meet during the coronavirus pandemic, one casualty may be credit scores. Some congressional lawmakers want to prevent that.  A Senate bill introduced last week would prevent negative information from reaching your credit report for at least four months,......
CNBC - Real Estate

These banks are offering coronavirus financial aid

CNBC Real Estate
In the face of the coronavirus pandemic, the financial stability of millions of Americans is in jeopardy. In a statement, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency encouraged banks to work with their customers affected by COVID-19. A growing number......
CNBC - Real Estate

Potential wave of mortgage delinquencies could bankrupt payment system

CNBC Real Estate
Rows of houses in Las Vegas. Jacob Kepler | Bloomberg | Getty Images Last week the regulator for mortgage giants Fannie Mae and Freddie Mac announced a forbearance program for borrowers unable to pay their loans due to the effects of the coronavirus. The Department of Housing and Urban Development,......

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