About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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New research from Climate Central and Zillow shows the area could see significant coastal flooding by 2020. By 2050, extreme projections of sea level rise have low-lying buildings under water.
The homebuilders are getting crushed this year. They now face a make-or-break level, says Todd Gordon, founder of TradingAnalysis.com.
Consumer attitudes toward both buying and selling homes dropped, with the former falling the most of all the six survey components, a sizable 5 percentage points. It tied its second lowest reading in the survey’s history.
Fidelity Investments reports that contribution rates and average retirement account balances hit record levels at the end of the third quarter.
Total mortgage application volume fell 2.5 percent last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Homeowners are putting more home renovation purchases on a credit card to rack up rewards or snare zero-percent financing. Here’s when it makes sense to remodel your payment habits.
Intense storms are becoming much more frequent, damaging local infrastructures and budgets. New companies are turning to technology to find ways to mitigate the impact of costly flooding nationwide.
Robert Frank reports on how the Trump administration’s tax changes have changed the landscape of the luxury housing market in high-tax states such as New York and New Jersey.
Homebuyer demand is strong, but affordability was weakening even before rates began to rise, as tight supply pushed home prices sharply higher.
Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of homeownership. Now a major player in the subprime crisis is backing new loans to the same borrowers but with a far different product.
Mortgage rates moved to the highest level in 8 years, and confidence in housing is now slipping. This as millennials are smack in the middle of their prime home buying years. Rates are expected to move even higher going into next year.
Home building stocks are getting crushed, and they could continue to be in the penalty box as interest rates rise, making the cost of homes more expensive.