Real Estate

Housing check-up

Betsy Friedlander, 66, and Mike Klipper, 67, have adored their light-filled, three-story colonial in suburban Bethesda, Maryland, for nearly three decades. They had the more-than-3,000-square-foot home built, and they raised their two sons in it. Now with the boys grown and gone, they are looking for a new home as part of a new lifestyle. …

Lowe’s tops quarterly estimates

Lowe’s reported strong quarterly results as more homeowners remodel. But what’s fueling the renovating boom?

Patrick T. Fallon | Bloomberg | Getty Images
Potential homebuyers exit an open house in Redondo Beach, California.

The S&P/Case-Shiller composite index of home prices in 20 cities increased by 4.5 percent in December from the same period last year. Analysts polled by Reuters had expected a year-over-year increase of 4.3 percent, matching November’s increase, the slowest since October 2012. San Francisco and Miami saw the fastest pace of home price appreciation, with …

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A banner and sign advertise apartments for rent in San Francisco.

Big cities have always seen the highest rents. Big demand and limited supply see to that. Now smaller cities are falling in line, seeing rents rise faster than those in even some of the hottest markets. The reason is rising demand. As employment improves, new households are finally being formed again, and they are all …

Jeremy Woodhouse | Getty Images

Unlike much of the nation, Dallas is seeing a warmer-than-average winter, and a very hot housing market. The median price of a Dallas home was 12.3 percent higher in December 2014 than it was a year earlier, according to the MetroTex Association of Realtors. That is more than twice the national annual price gains. “Buyers …

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It might not be on Penny Lane, but Beatles fans have a chance to snap up a genuine piece of rock and roll real estate next week, as Paul McCartney’s childhood home comes to auction. Located at 72, Western Avenue, in Speke, southeast Liverpool, the modest three-bedroom terraced house will be sold at an auction …

Scott Mlyn | CNBC
A house for sale in Sarasota, Florida

Mortgage interest rates rose to their highest level of the year, and mortgage volume reacted in the opposite direction. Loan applications fell 13.2 percent for the week that ended Friday, according to the Mortgage Bankers Association. Total volume is still 14 percent above where it was a year ago, when interest rates were considerably higher. …

Red-hot real estate in San Francisco

Josh Lipton tells us what’s behind the booming real estate market in San Francisco.

Stephanie Dhue | CNBC
K Hovnanian new townhouse project in Manassas, VA called "Dominion Crossing".

Sentiment among single family U.S. home builders chilled in February, right along with temperatures across much of the nation. Builder confidence fell two points to 55 on a monthly survey by the National Association of Home Builders. That is the lowest level since October, 2014. Fifty is the line between positive and negative sentiment. Last …

David J. Phillip | AP
A file photo of a house for sale with an owner finance available sign in Houston.

Another frothy housing market may be on the verge of reversing, but this time it is for a historically classic reason. Houston has been one of the top-performing real estate markets in the nation for several years. Driven by a strong, energy-focused economy, the city, plain and simple, saw job growth push demand. But as …

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A worker walks into the garage of a home under construction at the Rose Lane housing development on January 27, 2015 in Larkspur, Calif.

Job growth will help housing this year. That’s the prevailing opinion of housing watchers, looking hopefully to the spring selling season. A stellar January jobs report only bolstered that belief. It may not, however, turn out that way. Employment is increasing, no question, but not in the professions that typically own homes. Researchers at Freddie …

Cara Caruso | CNBC
Inside Joan River's New York apartment.

The late comedian Joan Rivers often joked of her lavish Manhattan penthouse: “It’s what Marie Antoinette would have done, if she had money.” Now, after Rivers’ untimely death in September while undergoing an endoscopy, her estate is listing the apartment at 1 East 62nd Street for sale at $28 million. The four bedroom, 4½ bathroom …

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Real estate equity-crowdfunding projects are giving individual accredited investors a shot at owning a piece of residential and commercial Manhattan real estate—with investments as low as $10,000. Owning a piece of Manhattan real estate may be a lofty pipe dream for some. But investors from around the world are now able to own a stake …

Investment path to citizenship

A proposed real estate building in Miami is luring investors from abroad with the promise of U.S. citizenship.

Martin Prescott | E+ | Getty Images

Ask any American how much money they make for a living, and they’ll tell you down to the weekly penny. Ask what interest rate governs their single-largest monthly expense, and more than a third don’t know. “Your mortgage rate is one of the most important numbers in your financial life, and there’s a good chance …