A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% Monday, accor...
Tag: Real estate
Biden targets crypto, real estate and oil industries, as he unveils his budget
President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...
Inside a $22.5 million Miami condo with insane luxury amenities
This $22.5 million condo in Miami spans 6,200 square feet with four bedrooms and five and a half baths. But perhaps more impressive than what comes inside those four walls is the mind-blowing list of ...
Embattled Billionaire Hui Ka Yan Can’t Reach A Deal With Evergrande’s International Creditors
Hui Ka Yan speaks during a news conference on the sidelines of the fourth session of the 12th National People’s Congress in 2016 in Beijing. Etienne Oliveau/Getty Images Hui Ka Yan has made repe...
Mortgage demand recovers slightly, despite rising rates
A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images After dropping to a 28-year low the previous week, mortgage de...
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...
7 economists and real estate pros on what to expect in the housing market this spring
Heading into March and the official start of spring, experts think it’s likely that prices will stabilize. Joe Raedle/Getty Images 2022 saw higher home prices and higher mortgage rates that sidelined ...
Mortgage demand falls as interest rates rise
A potential buyer with her realtor view a home listed for sale during an open house in Parkland, Florida. Carline Jean | Tribune News Service | Getty Images Mortgage rates moved higher again last week...
Asia’s Former Richest Woman Takes Over From Father Amid China’s Prolonged Real Estate Slump
Country Garden founder Yeung Kwok-keung (Photo by David Wong/South China Morning Post via Getty Images) South China Morning Post via Getty Images Yang Huiyan, who has cochaired property developer Coun...
Opinion: Marc Benioff’s Salesforce fairy tale is crumbling down around him
Salesforce Inc. has been a unique tech company, able to sell itself as a “family” that has higher ideals than just profit to its employees while generating near-universal praise from Wall Street as we...
Black real estate developers get access to big capital
Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. In...
Home price gains weakened sharply to end 2022: S&P Case-Shiller
A “For Sale” sign in front of a home in Roseville, California, on Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images Higher mortgage rates weighed on home price gains at the end of...
January pending home sales show rush of contracts
Saul Loeb | AFP | Getty Images A sharp drop in mortgage interest rates brought homebuyers out in force in January, but rates have bounced back higher again, so the gains may be short-lived. Signed con...
‘You can learn a lot from dead people.’ Charlie Munger, Warren Buffett’s 99-year-old partner, doles out investing wisdom.
You have to keep learning if you want to become a great investor. When the world changes, you must change. That was Charlie Munger, Warren Buffett’s long-time partner and vice chairman of Berkshire Ha...
Ready Capital and Broadmark Realty Capital to merge and create company with equity capital base of $2.8 billion
Real estate finance company Ready Capital Corp. RC, -14.24% and Broadmark Realty Capital Inc. BRMK, +17.09% said Monday they have agreed to merge in a deal that is expected to create a company with a ...
What’s next for stocks as investors realize Fed’s inflation fight won’t end soon
The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflatio...
Warren Buffett’s Berkshire Hathaway is the largest investor in these 8 stocks
As 2022 wrapped, Warren Buffett’s Berkshire Hathaway was the largest shareholder of eight stocks that include traditional oil companies and financial-services giants. “Berkshire now enjoys major owner...
One laid-off tech worker’s odyssey: 5 months, 25 interviews, 100 job applications
At times, Todd Erickson’s search for a tech job felt more like an odyssey. But after five months, about 100 job applications and more than two dozen interviews with recruiters and companies — includin...
‘We love our forest life’: I’m 62 and work full-time. I own a $600,000 California home perched on the edge of wilderness. Has the time finally come to downsize?
Dear MarketWatch, I’m 62, and working full time making $60,000 a year. I have $31,000 in liquid assets and another $10,000 in a Roth IRA. I owe about $200,000 on my home in Northern California, which ...
Nearing retirement? Here’s how to shift your portfolio from growth to income.
Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...
Biden taps former Mastercard executive Banga to lead World Bank
The White House announced Thursday that President Joe Biden has decided to nominate Ajay Banga, a former CEO of MasterCard, to lead the World Bank In a statement, Biden said that Banga will be able to...
KBW recommends buying these 11 financial stocks, including First Republic, following federal backstop for banks
On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time to recommend buying stocks of banks and other financial services companies, but Keefe, Bruyette ...