Weak mortgage demand could get a big boost

A house’s real estate for sale sign shows an upcoming open house in Washington, DC. Saul Loeb | AFP | Getty Images Mortgage demand stalled last week, as interest rates hit a multiyear high, but ...

Salesforce tops $7 billion in quarterly revenue for first time, executives focusing on Slack instead of looking for new acquisitions

Salesforce.com Inc. shares rose in extended trading Tuesday after the software company said it would focus on last year’s acquisition of Slack Technologies Inc. instead of considering more purchases a...

Sears spinoff Seritage explores alternatives, Eddie Lampert quits board

Eddie Lampert, former CEO of Sears. Source: Sears Holdings Seritage Growth Properties, a real estate investment trust that was spun out of embattled department store chain Sears in 2015, said Tuesday ...

Homeowners hold record equity. What to know if you want to borrow

New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equi...

Peel Group’s John Whitaker hopes to set up Isle of Man cannabis farm

Cannabis leaves sit on plants growing in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. Jason Alden | Bloomberg | Getty Images A vast marijuana far...

Warren Buffett Has News Likely to Please Shareholders

Berkshire Hathaway’s 2021 vintage is like a good bottle whose consumption will undoubtedly delight fans and admirers of Warren Buffett, chairman and CEO of the company he runs with his right-han...

Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.

Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice.  Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...

IHG’s Avid Hotel Brand Reaches Milestone With 50th Property Opening

Karen Gilbride, vice president of avid hotels and Atwell Suites, shares an update as the brand … [+] reaches its 50th hotel opening. IHG As IHG’s fastest-growing, new-build brand and second fast...

Mortgage rates fall amid geopolitical uncertainty. How the Russia-Ukraine crisis could impact home buyers — and interest rates

Home buyers are seeing temporary relief from rising interest rates as markets react to Russia’s invasion of Ukraine. But in the longer term, inflation remains a serious concern. The 30-year fixed-rate...

U.S. is top safe haven amid Russia-Ukraine war: Blackstone’s Joe Zidle

The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fal...

Berkshire Hathaway’s Stake in American Express Is Poised to Hit 20%

Text size Berkshire Hathaway CEO Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway ‘s longstanding stake in American Express is set to hit the 20% threshold in the coming...

Moody’s downgrades China property developer Shimao over debt troubles

Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgr...

Here Are the 10 Highest-Yielding S&P 500 Stocks

High dividend yields are a nice offset to inflation, now running at more than 7%, the highest rate in four decades. Barron’s screened the S&P 500 for the 10 highest-yielding stocks based on data f...

Black families are achieving upward mobility in high-opportunity areas

Families have long sought to move toward better neighborhoods and schools to put their kids on the pathway toward success. A study from the Census Bureau is providing fresh insight on where to look. I...

Lowe’s Stock Rises. The Retailer Had Strong Earnings and Sees Higher Profits Ahead.

Text size Lowe’s same-store sales grew 5% in the fourth quarter. Justin Sullivan/Getty Images Lowe’s reported fiscal fourth-quarter earnings that topped analysts’ estimates and raised guidance f...

Lowe’s Beats Profit Estimates and Boosts Fiscal-Year Forecast. The Stock Rises.

Text size Justin Sullivan/Getty Images Lowe’s reported fiscal fourth-quarter earnings that topped analysts’ estimates and raised guidance for the next fiscal year. Shares of home-improvement retailer ...

Lowe’s (LOW) Q4 2021 earnings beat

A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s said Wednesd...

Jack Nicklaus, Justin Thomas team up to launch ultra luxury Florida golf community

Rendering of Panther National Clubhouse Courtesy: Panther National A golf legend and a one of the PGA’s hottest young stars are teaming up to create a luxury golf community in Palm Beach County,...

What Hybrid Work Means For Urban Retail

Pedestrians walk past a store on H St in Washington D.C.’s city center (Photo taken Feb. 16, 2022. … [+] by Ting Shen/Xinhua via Getty Images). Xinhua News Agency via Getty Images The stre...

Online Real Estate Isn’t Worth the Chance

You can make a lot of money on physical real estate right now, but recent results from major online real-estate players show 2022 isn’t the year to play Monopoly in the stock market. The carnage isn’t...

How To Make Nearly 12% Annually In Real Estate

Real Estate is a best option to invest. Where to Invest concept, Investmets newspaper with loupe and … [+] marker. 3d illustration getty The stock market doesn’t just hand out safe yields up to ...

Surfside Tower Collapse Makes Buying Condos More Complicated

Fannie Mae and Freddie Mac are asking questions about the safety and soundness of condos and co-op buildings after the Surfside, Fla., tower collapse. There is little agreement on how to answer them. ...

January home sales jump 6.7% despite a record low supply

A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate...

Redfin Stock Sinks. This Analyst Is ‘Throwing in the Towel.’

Text size Stephen Brashear/Getty Images for Redfin Shares of Redfin were falling sharply Friday after the online real estate brokerage said it expected a first-quarter loss wider than analysts’ estima...

Museums are in a race to save America’s treasures from climate change

The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structu...

Redfin stock tanks after forecast shows losses expanding as iBuying business grows

Redfin Corp. shares plunged more than 10% in after-hours trading Thursday, after executives predicted losses in the first quarter of 2022 would exceed full-year losses in 2021 as the company maintains...

Builders are waiting months to get cabinets and garage doors

A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuil...

The average size of a new mortgage just set a record

A couple look at houses for sale in the window of William H. Brown estate agents. Getty Images Homebuyers are facing one of the priciest housing markets in history, and that means they need larger mor...

‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?

I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...

Lithium Americas Stock Jumps After a Bullish Call

Text size This photo taken on March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co., which makes lithium batteries for electric cars and other uses,...