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A “For Sale” sign is seen outside a home in New York.Shannon Stapleton | ReutersEven as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was a slower rate… More

The past year may have been a wild ride for potential homebuyers, but reports indicate that the housing market in 2022 could be even more competitive.New listings are currently at a record low, according to Redfin and Zillow. In fact, at the end of 2021, there were 19.5% fewer homes listed than at the end… More

jayk7 | Moment | Getty ImagesThe number of borrowers who could benefit from a mortgage refinance just dropped dramatically thanks to fast-rising interest rates.The average rate on the 30-year fixed loan has jumped more than 50 basis points since the start of this year, cutting the number of refinance candidates down to just 5.9 million,… More

There’s a “big risk” of real estate companies filing for insolvency when interest rates rise, according to a partner at consulting firm Kearney.Nils Kuhlwein pointed out that the global financial crisis of 2008 started with a real estate and housing price bubble and mortgage defaults in the United States.”What we are now seeing again, 13… More

An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio.Ty Wright | Bloomberg | Getty ImagesMortgage rates are rushing higher, and last week that caused a major divergence in mortgage demand. Refinancing continued to dry up, but homebuyers appear to be rushing into the market. As… More

Ubiquitous Energy solar energy capturing windows installed at Michigan State University.Courtesy of Ubiquitous EnergyA material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer window and… More

Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home prices are still gaining, and winter is historically the slowest season for the housing market, but mortgage demand from buyers moved higher.Last week purchase loan… More

Brandon Bell | Getty ImagesBrace yourself for another competitive year in the housing market.Home sales are expected to grow 6.6% in 2022, a 16-year high, according to Realtor.com. The typical winter lull isn’t even necessarily happening. Home prices actually accelerated from November to December, said Danielle Hale, chief economist at Realtor.com.While Realtor.com is forecasting prices… More

A 105,000-square-foot megamansion, known as “The One,” in the Bel Air section of Los Angeles listed Friday for $295 million, making it the most expensive listing in America.The property, which has been a decade in the making, would be the most expensive home ever sold in the U.S. if it gets its asking price —… More

Home prices are rising faster than rents, which is shrinking the affordability gap between being a homeowner and a tenant.Median-priced, single-family homes are less affordable in just over three quarters of the nation — the highest total in 13 years, according to ATTOM, a real estate data tracker. That’s up from 39% at the end… More

China’s property developers could come under greater scrutiny for flouting environmental laws, as Beijing steps up efforts to reinforce rules, according to one portfolio manager. The latest move by Chinese authorities to order indebted property developer China Evergrande to demolish 39 buildings of its Ocean Flower Island project came as a surprise to many, said Teresa Kong, head… More

Manhattan real estate posted its best year ever in 2021, rebounding from the pandemic with $30 billion in sales, according to real estate reports.The 16,000-plus signed contracts were also a record, according to a report from Corcoran. The banner year marks a dramatic turnaround from 2020 when fears of population losses, rising crime and high… More