Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Stephen Ross funded group spent more than $1 million to influence New York City Council races
A super PAC funded mostly by Stephen Ross spent over $1 million in New York City Council races going into the official primary day. Read Article
He's 75 and facing eviction. Many other older renters are, too
Millions of Americans may soon face eviction. Two of them are Andrew Cleland, 75, and his 82-year-old wife, Carol. Read Article
Existing home sales in May drop for fourth straight month as affordability squeezes buyers
Sales of existing homes fell 0.9% in May to a seasonally adjusted annualized rate of 5.8 million units, according to the National Association of Realtors. Read Article
Google closes its dedicated London start-up space
Google has decided "not to reopen" Campus in East London after it was forced to close by the coronavirus pandemic. Read Article
Invitation Homes CEO says he's not worried about a housing bubble despite price spikes. Here's why
"I would expect that home prices stay relatively stable, if not continue to grow in value," Invitation Homes CEO Dallas Tanner told CNBC. Read Article
Chinese property demand is 'fairly robust' — Deutsche Bank explains why
Factors including urbanization and changing policies could underpin demand for China's residential real estate, said Linan Liu of Deutsche Bank. Read Article
Financial advisors shrug off Fed's inflation, interest rate forecasts
The Federal Reserve sped up its timeline to raise interest rates and predicts higher inflation this year. Financial advisors don't think it's a big deal. Read Article
Mortgage rates shoot higher after Fed Chairman Powell's comments
Mortgage rates moved decidedly higher after Federal Reserve Chairman Jerome Powell moved up his timeline for raising rates and tapering asset purchases. Read Article
Here are some money moves to make while the Fed keeps rates near zero
Rock-bottom rates can help some Americans save money, especially if they can pay down high-interest debt or take out a low-interest loan. Read Article
Eviction protections for renters will extend beyond June in these locations
With millions of Americans still behind on their rent, some states and cities will continue to ban evictions after the national moratorium expires. Read Article
