Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Home affordability at 2007 bubble levels, but crash is unlikely: Blackstone's Joe Zidle
Blackstone's Joseph Zidle draws a striking parallel to the 2007 housing market peak. But, he lists reasons why the outcome should be different this time. Read Article
Every home in America now has a wildfire threat score, and some areas see a 200% jump in risk
Wildfire risk is increasing, likely due to global warming, and its destruction is becoming ever more expensive. Read Article
This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious
"Horrible, Horrible, Horrible!" was how the seller, who filed for Chapter 11 last year, characterized the auction results to CNBC. Read Article
China may chalk up more debt as lockdowns hit the economy
China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy. Read Article
Cushman & Wakefield appeals subpoenas order in Trump Organization probe by New York attorney general
As Cushman & Wakefield appealed, a judge conditionally lifted a contempt of court finding against Donald Trump related to a subpoena for other documents. Read Article
Judge says Trump contempt ruling lifted if he pays $110K fine, provides other info
Donald Trump has said he cannot find documents sought by New York Attorney General Letitia James as part of her civil investigation of the Trump Organization. Read Article
Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market
Homebuyer demand for mortgages is rising again, but they're turning more to adjustable-rate loans, which offer a lower interest rate. Read Article
London is looking to tap the deep pockets of Silicon Valley
Sadiq Khan, the mayor of London, traveled to California to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital. Read Article
Housing supply is finally improving, as high prices and rising rates weigh on sales
After one of the most severe housing shortages in history, the supply of homes for sale is finally starting to increase, according to new data from Realtor.com. Read Article
Inside the $23.5 million mansion poised to smash another local record in Southern California
The home's eight-figure asking price is more than double what it sold for less than six years ago. Read Article