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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Real estate sales in the first quarter posted their largest drop in nearly a decade. Robert Frank reports on what’s driving the weakness.
Diana Olick reports on some borrowers fudging their incomes in order to qualify for loans.
Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data.
Signed contracts to buy existing homes fell for the second straight month to the lowest level since January of this year. Sales have fallen for four out of the last five months, as prices and mortgage rates increase.
Taylor Morrison Homes is the nation’s seventh largest publicly traded homebuilder by revenue. Its leader, Sheryl Palmer, is the first and only one of her kind in those ranks, a female CEO. Diana Olick reports.
Homeowners continued their rush to refinance, as mortgage rates jumped even higher last week.
Diana Olick reports on how the ongoing trade war is impacting home renovators.
Home renovation demand is soaring, and so are the costs to do it, thanks to a new round of tariffs on goods imported from China.
While demand for housing the US remains solid, there’s a new headwind that’s impacting both sellers and buyers. Diana Olick explains.
The lack of affordable housing has been an ongoing issue for many home buyers, and as more tariffs are slapped on Chinese goods that go into home building, that pain point could get worse. Diana Olick reports.
An estimated 250,000 homes in North Carolina will likely be affected, with the bulk of the damage in that state. Across both states, Florence could cause $3 billion to $5 billion in insured property losses from wind and storm surge, according to CoreLogic.
It’s an age-old question: should you rent or buy? The answer may surprise you. Diana Olick explains.
Homebuyers and homeowners don’t have much incentive to call a mortgage lender right now.