News

Below is the latest national real estate news headlines for homeowners, buyers, sellers or real estate enthusiasts.

Real Estate

Zillow makes a big bet on flipping homes. New CEO could 'make this gamble work': RBC's Mahaney

"[Rich Barton has] a huge track record" and his return to be the CEO "took the stock up," RBC's Mark Mahaney says. But the internet analyst is still skeptical. Read Article

Fri, 22 Feb 2019 11:02:00 PST

Chinese real estate is a 'two-speed market': Portwood Capital

Peter Churchouse of Portwood Capital says property prices in China's tier three and tier four cities have bounced "very strongly" over the past year, whereas the country's tier one and high tier two cities have been "pretty flat." Read Article

Fri, 22 Feb 2019 01:04:00 PST

NYC developer: Ironically, many of protested Amazon perks are 'on the books' for all newcomers

The political pressure that sunk Amazon's New York City deal was borne out of a lack of understanding of the benefits, says billionaire William Rudin. Read Article

Thu, 21 Feb 2019 09:29:00 PST

Slowest home sales in over three years could help buyers this spring

Real estate agents and analysts have long been blaming weak sales on too few listings and rising rates. Read Article

Thu, 21 Feb 2019 08:48:00 PST

US existing home sales fall sharply to 3-year low

The U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages. Read Article

Thu, 21 Feb 2019 07:00:00 PST

SoftBank's latest real estate bet is in a start-up that's taking on the physical storage industry

SoftBank's Vision Fund led a $200 million investment in Clutter at a $600 million valuation. Read Article

Wed, 20 Feb 2019 05:00:00 PST

Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Applications to purchase a home increased 2 percent for the week — the first uptick in four weeks — a sign of optimism in the housing market. Read Article

Wed, 20 Feb 2019 04:00:00 PST

Stockland faces 'challenging' residential real estate market

Mark Steinert, CEO of Stockland, says the biggest challenge in the Australian housing market is the contraction in credit. Read Article

Tue, 19 Feb 2019 23:54:00 PST

Why Scentre is positive on the Australian consumer

Uncertainty in the political sector is unlikely to affect the Australian consumer, says Peter Allen, CEO of Scentre. He also explains why he says declining house prices may not impact retail sales in the country. Read Article

Tue, 19 Feb 2019 22:42:00 PST

Here's a map of where Payless ShoeSource is closing 2,500 stores

Payless ShoeSource filed for bankruptcy protection on Monday, a day after it began winding down its 2,500 U.S. stores. Read Article

Tue, 19 Feb 2019 08:12:00 PST