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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Applications to refinance jumped 12 percent for the week as homeowners rushed to take advantage of attractive rates.
Prices are rising, but the gains are shrinking, since fewer buyers are able to afford the homes available for sale.
Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors.
Diana Olick explores how climate change is affecting the $20B winter sports industry and what a shrinking ski season could mean for mountain resorts and real estate.
The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharply to 4.34 percent.
Snow sport seasons are getting shorter, due to warmer temperatures. That is already having a distinguishable financial impact on residential and resort properties that profit from snow.
Diana Olick examines how Amazon’s announcement of a new HQ is affecting home values and rent prices in the region.
Builders claim they’re feeling better about their business, but the sales numbers are still not reflecting that. So all eyes are on the spring market, which could determine the fate of both the stocks and the earnings of the biggest builders.
Diana Olick reports homeowners saw equity increase just over 8 percent last year.
As wildfires destroy record numbers of homes, fire resistant houses may be the way of the future. Diana Olick reports.
The real estate industry ended 2018 on a low note. Diana Olick looks at what we can expect for the spring selling season.
Millennials have been slow to enter the ranks of homeowners, thanks to the last recession and the housing crash that caused it. Now, as they age into marriage and parenthood, they are buying at a faster pace. Many, however, are regretting it.
The supply of homes for sale is finally rising, but fewer buyers are able to afford these homes, and that could result in a much slower spring market.
Real estate agents and analysts have long been blaming weak sales on too few listings and rising rates.
Diana Olick reports that as older Americans choose to stay in their homes as they age, fewer homes for sale are putting pressure on home prices.