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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Joining us on the show is Odeta Kushi, Deputy Chief Economist at First American Financial Corporation, who talks about the latest numbers we are seeing in the housing sector.
On a national level, prices rose 3.2% annually in September, up from a 3.1% gain in August, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.
A wave of homes could hit the market when baby boomers decide to sell and it may have a big impact on some local economies. Joining us to discuss this is Skylar Olsen, a Senior Economist at Zillow.
The supply of homes for sale is falling across the nation and it may only get worse come the spring season. Diana Olick has more for us.
At the end of October, inventory nationwide fell to a 3.9-month supply, according to the National Association of Realtors.
Diana Olick reports on how the supply of single family homes is shrinking which means renting just got a lot more expensive.
After a huge jump the week before, mortgage refinance demand pulled back sharply last week, likely because borrowers were less worried about rising rates.
Permits for new home construction hits a post-recession high but it’s still might not be enough. Diana Olick explains why.
Anyone out shopping for an entry-level home knows the prices are high and the pickings are slim. Now, the same is holding true for rentals. As more Americans find it harder to afford a home, rental demand is soaring, especially for single-family homes.
The nation’s single-family homebuilders are feeling very positive about their business, but a monthly sentiment indicator fell in November from a recent high.
Robert Frank reports on how the rental market is buzzing in Manhattan, especially with the luxury high-end apartments.
Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez will unveil legislation on Thursday that provides $180 billion over 10 years to cut carbon dioxide emissions from public housing across the country.
Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week.
Diana Olick reports on how one of real estate’s hottest sectors is experiencing a big chill.
Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report from Transwestern.