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Real Estate News
Here is a collection of the latest real estate news and headlines beneficial for buyers and sellers. If you have any questions relating to your real estate needs just give us a call.
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Real Estate
Hong Kong's leaders need to do 'something radical': Economist
Beijing will embrace "symbolic change" in Hong Kong, but that won't help much, says Andy Xie, an independent economist. He also says Hong Kong authorities need to adopt a more progressive tax structure, including changes to taxes for property and high-income individuals. Read Article
Here's what SoftBank's long-term WeWork strategy may be
WeWork CEO and founder Adam Neumann is leaving the company, but doing so with $1.7 billion from WeWork. Peter Eavis from The New York Times and CNBC's Robert Frank discuss the eyebrow-raising exit package. Read Article
Home prices are overheating again, causing buyers to turn away
September sales of existing homes fell short of expectations. The downturn followed two months of gains. The problem is low supply and high prices. Read Article
Existing home sales miss expectations in September, down 2.2%
CNBC's Diana Olick reports on new existing home sales data for the month of September. The street was expecting sales to be down 0.7 percent, but sales dropped 2.2 percent. Read Article
Most stunning part of Softbank's WeWork deal is Neumann's payout: WSJ reporter
Former WeWork CEO Adam Neumann will reportedly get $1.7 billion in stock, cash and credit to walk away from the company and give up his voting rights. Maureen Farrell, a reporter with the Wall Street Journal, joins CNBC's "Squawk Box" team to break down the latest news in the developing story. Read Article
Report: Softbank to take control of WeWork, Neumann to get $185 million consulting fee
Former WeWork CEO Adam Neumann will reportedly get $1.7 million in stock, cash and credit to walk away from the company and give up his voting rights. Read Article
Harvard: Remodeling market may stall in 2020
CNBC's "Power Lunch" team talks about why home improvement has stalled with Abbe Will, associate project manager at Harvard's Joint Center for Housing Studies. Read Article
Homeowners adding extra homes on their property, here's how it works
Homeowners are looking for new streams of revenue in their own backyard. CNBC's Diana Olick reports on the auxiliary dwelling units (ADU) trend. Read Article
Backyard bungalows are becoming big business for homeowners and builders
They're not just she-sheds or he-sheds or granny pods or tiny homes. The latest housing trend in the backyard is now front and center for a new breed of homebuilder and landlord. Read Article
Brokerage Compass starts offering an easier, less expensive way to get a bridge loan
One of the fastest-growing real estate brokerages in the U.S. is announcing a new service designed to make it easier for current homeowners to buy another home. Read Article