Feb 20 Watch 8:10 Low demand for commercial office space fuels economic fears By Paul Solman, Ryan Connelly Holmes Federal regulators in recent weeks have signaled concerns about commercial real estate, a financial sector that could spell economic trouble. A combination of decreased demand for office space and high interest rates have put pressure on lease holders and smaller… Continue watching
Jan 02 Watch 6:06 Why renting over buying might be the favored choice in today’s real estate landscape By Geoff Bennett, Dorothy Hastings Buying has almost always been favored over renting when it comes to housing. For generations, the prevailing wisdom has been that renting is a waste of money. But what about now, with a tough real estate market characterized by elevated… Continue watching
Dec 14 Watch 8:49 Lawsuits challenging real estate commission could shake up housing market By Paul Solman, Ryan Connelly Holmes The Federal Reserve is projecting as many as three interest rate cuts next year. That could help lower mortgage rates, which have been at a two-decade high this year, and help improve the affordability of buying a home. But a… Continue watching
Oct 17 Trump employee and appraiser testify against him in civil fraud trial By Michael R. Sisak, Jennifer Peltz, Associated Press Trump company accountant Donna Kidder testified that she was told to make some assumptions favorable to the firm on internal financial spreadsheets. Outside appraiser Doug Larson said he didn't suggest or condone a former Trump Organization comptroller's methods of valuing… Continue reading
Oct 05 Average long-term U.S. mortgage rate reaches 7.49 percent, highest level in over two decades By Alex Veiga, Associated Press The cost of financing a home surged again this week, further dimming the affordability outlook for many would-be homebuyers. Continue reading
Oct 02 Trump remains defiant in New York fraud trial that accuses him of lying about wealth By Michael Sisak, Jake Offenhartz, Jennifer Peltz, Associated Press Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening statements Monday in a fraud lawsuit that could cost him control of Trump Tower and other prized properties. Continue reading
Sep 26 Judge rules Trump defrauded banks, insurers as he built his real estate empire By Michael R. Sisak, Associated Press A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Continue reading
Aug 17 After wildfires, Hawaii vows to protect Maui landowners from pressure to sell By Bobby Caina Calvan, Jennifer Kelleher, Christopher Weber, Associated Press Gov. Josh Green said Wednesday that he instructed the state attorney general to work toward a moratorium on land transactions in Lahaina, even as he acknowledged the move would likely face legal challenges. Continue reading
May 18 Sam Zell, billionaire real estate investor, dies at 81 By Associated Press Bearded and blunt-spoken, Zell reveled in bucking traditional wisdom. He had a golden touch with real estate, and got his start managing apartment buildings as a college student. Continue reading
Aug 22 Ethics board says South Dakota Gov. Kristi Noem may have ‘engaged in misconduct’ By Stephen Groves, Associated Press A South Dakota ethics board has found enough information that Noem may have "engaged in misconduct" when she intervened in her daughter's application for a real estate appraiser license to potentially take action against the Republican governor. Continue reading