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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President Trump and siblings sued by niece Mary Trump, who claims they swindled her out of millions of dollars
The lawsuit comes on the heels of a best-selling tell-all book by Mary Trump that was scathingly critical of her uncle, the president. Read Article
New home sales crush expectations, but the supply is running out
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Homebuilders are having trouble keeping up. Read Article
A Roth IRA may help fund your home purchase. Here are the pros and cons
While you might be able to use up to $10,000 in Roth IRA earnings toward the purchase of a home — without paying taxes or penalties on the withdrawal — it's important to know the rules that apply. Read Article
Coronavirus pandemic fuels affordability crisis for homebuyers
Fierce competition for a limited supply of homes for sale has caused a surge in prices. Now, potential buyers are facing a national affordability crisis. Read Article
WeWork sells majority stake in its China business for $200 million as cost cutting continues
WeWork has sold a majority stake in its China business to existing shareholder Trustbridge Partners for $200 million. Read Article
Judge orders Eric Trump to testify before election in New York attorney general probe of President Trump's company
The New York attorney general's office is probing whether the Trump Organization misstated the value of properties. They want to interview Eric Trump. Read Article
Mortgage demand from homebuyers now up 25% from a year ago
After a brief lull, mortgage demand surged ahead yet again even with the highest interest rates in several weeks. Read Article
Existing home sales jump to 14-year high, as prices set another record
After a record-setting July, the housing market still shows no sign of cooling off. Existing home sales rose to the highest level since December 2006. Read Article
Millions can't pay rent. Landlords making less than $50,000 a year are caught in the middle
Low- and middle-income landlords get a big share of their annual income from rent, making them more vulnerable than higher-earning peers to a tenant's inability to pay, according to the Hamilton Project. Read Article
The new retirement living: More baby boomers shun housing mega-developments
Cookie-cutter homes for seniors in housing mega-developments may be on the way out as new boomer retirees redefine the idea of living and communities. Read Article