Sep 22 Existing U.S. home sales fell in August, price growth slows By Alex Veiga, Associated Press Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last… Continue reading
Aug 10 Houses are getting scooped up before they’re listed. It’s shutting people out of homeownership By Courtney Vinopal As U.S. home prices surge while housing inventory is at a historic low, some real estate agents say the tight market is becoming even more competitive through the practice of so-called “pocket listing” deals that are sold to buyers before… Continue reading
Aug 04 Watch 8:16 As housing costs boom, how home-buyers in one city search for affordability By Paul Solman As the U.S. grapples with the coronavirus, housing costs are skyrocketing. According to the latest S&P Core Logic Case-Shiller index, home prices were up almost 17 percent over the last year -- and in many places, the jump was worse. Continue watching
Jan 21 Trump returns to a business empire ravaged by pandemic By Bernard Condon, Associated Press Donald Trump is returning to a family business ravaged by pandemic shutdowns, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts. Continue reading
Oct 29 Fair housing groups say Redfin ‘redlines’ minority communities By Gene Johnson, Associated Press The organizations said that during a two-year investigation they documented the effect of Redfin's "minimum price policy," which requires homes to be listed for certain prices to reap the benefits of Redfin's services. Continue reading
Jun 04 Watch 7:31 American skyscrapers face an uncertain future amid coronavirus By Paul Solman Fears of the coronavirus pandemic and the sharp shifts by companies to allow employees to work from home could devastate the nation’s office skyscrapers, some economists say. But real estate moguls say the office as we know it isn't dead… Continue watching
May 02 Watch 5:27 Tenant groups call for a rent strike as economy flounders By Sam Weber, Connie Kargbo The first of May marked the second rent day since coronavirus shutdowns began. With more than 30 million people filing for unemployment benefits in recent weeks, tenant groups across the country on Friday called for a rent strike until the… Continue watching
Nov 26 Watch 6:43 What 1 euro can buy you in Sicilian real estate By Christopher Livesay In Sicily and across Italy, towns are on the brink of extinction. Locals have been leaving these picturesque communities, with their antique buildings and narrow roads, in search of economic opportunity, and few babies are being born there. Some towns… Continue watching
Jul 04 How Medicare can be used for people with disabilities By Philip Moeller Figuring out what benefits Medicaid, Medicare and Social Security each provide for a person with disabilities can be complicated. Continue reading
Jun 26 Watch 6:41 China has a front-row seat to North Korea’s possible economic opening By Katrina Yu Nowhere are people more excited and optimistic about Pyongyang opening up than on China's border with North Korea. Betting on denuclearization, investors have started speculating in the real estate market, while local businesses are hoping for a windfall. Special correspondent… Continue watching