Mortgage rates fell sharply Thursday following the Trump administration’s tariff announcement. The average rate on the popular 30-year fixed loan plunged 12 basis points to 6.63%, according to Mortgage News Daily. That put it at the lowest level since October. The massive sell-off in the stock market early Thursday sent investors fleeing to the bond…
KB Home’s new wildfire-resilient neighborhood in Escondido, California. CNBC Just months after raging wildfires destroyed thousands of homes in the Los Angeles area, California-based KB Home is unveiling what it calls its first “wildfire-resilient” community. The development, in Escondido, just outside San Diego, will have 64 single-family homes when completed that all meet the wildfire…
Investors may want to get back to the basics when it comes to navigating the stock market volatility. According to F/m Investments CEO Alex Morris, they should consider increasing their exposure to bonds. “Particularly on the short end of the curve … there’s a lot of safe haven to be had there,” Morris said on…
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on…
Urban buildings in Huai’an city, Jiangsu province, China, on March 18, 2025. Cfoto | Future Publishing | Getty Images BEIJING — UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. “After four or five years of a downward cycle, we have begun to see…
Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country. But one small subdivision instantly draws focus. Just completed, it is now the world’s largest 3D-printed community. Two years ago, Lennar, the nation’s second-largest homebuilder, partnered…
New homes being built in Englewood Cliffs, N.J. on Sept. 24th, 2024. Adam Jeffery | CNBC From lumber to drywall to appliances to finishings, much of what goes into a U.S. home comes from outside American borders. The cost of those products is about to go up, as President Donald Trump‘s administration imposes tariffs on…
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Wednesday and said its sales slump should end in the year ahead. The home improvement retailer said it expects full-year total sales to range from $83.5 billion to $84.5 billion,…
A Home Depot store in Louisville, Kentucky, on Aug. 14, 2023. Jon Cherry | Bloomberg | Getty Images Home Depot will report its fiscal fourth-quarter earnings on Tuesday, as higher interest rates and home prices challenge the housing market and dampen demand for do-it-yourself projects. The company is expected to release results around 6 a.m….
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art,…
