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CENTURY 21 DAWN'S GOLD REALTY
Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Refinancing surges as homeowners pull out the most cash in 12 years
Cash-out refinances were up 24% since the last quarter of 2018 and made up 52% of all refinances. Read Article
Millennials will surpass 50 percent of all home mortgages in 2020
Ken Leon, CFRA analyst, and CNBC's Diana Olick join 'The Exchange' to discuss the rise in millennial homeowners and the struggle the housing market is facing in trying to meet the demand. Read Article
Homebuilders aren't keeping up with millennials
Millennials are expected to be the largest single cohort of homebuyers next year, but the nation's homebuilders are not keeping up. This is already exacerbating the shortage of homes for sale and for rent nationwide. Read Article
The US consumer is on 'firm footing,' says investor
Chad Morganlander of Washington Crossing Advisors says he's not terribly concerned about the U.S. consumer, and consumption patterns in the U.S., including for big ticket items such as housing, are likely to remain stable. Read Article
Future focus: Ingenuity sustaining our future
It is said that the best way to predict the future is to design it. Projections show that by 2050 society will require double the Earth’s available resources. It has never been more important for us to adopt smart, sustainable solutions to ensure that we can continue to enjoy a good quality of life – meeting the needs of the present while enhancing the ability of future generations to meet their own. Read Article
Hedge fund manager buys Palm Beach estate for $111 million
A hedge fund manager just bought the most expensive Florida mansion ever sold. CNBC's Robert Frank reports. Read Article
Housing in 2020 will be most challenging for buyers: Economist
CNBC's "The Exchange" team discusses the 2020 housing outlook with George Ratiu, Realtor.com senior economist. Read Article
Steve Case: The 230 cities that lost HQ2 'perhaps can create the next Amazon'
Amazon ultimately settled on the urban neighborhood of Crystal City in Arlington, Virginia, for its second headquarters. But according to AOL co-founder Steve Case, the 230 cities that lost out learned that they can jump-start their economies by developing start-up ecosystems. Read Article
M&G suspends UK's biggest commercial property fund, blames Brexit
Investors have been unable to withdraw cash from midday Wednesday. Read Article
2020 housing supply could hit historic lows: Report
CNBC's Diana Olick reports on a housing forecast for 2020 that was just released and shows a potentially weak year ahead. Read Article