Real Estate

Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to
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The real estate market in Dubai is likely to remain subdued for the next two years as the city recovers from the Covid crisis, according to a major Emirati property developer. “I see, still, a soft market for [2021 and 2022],” said Hussain Sajwani, chairman of Damac Properties. That means there will be more potential sellers than
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President Joe Biden directed federal housing regulators to extend mortgage forbearance programs for an additional six months and prolong foreclosure relief programs on Tuesday in a move that will cover an estimated 70% of mortgages for single-family homes in the U.S. As the latest Covid-19 relief package continues to make its way through the Congressional
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Building materials company Azek reported double-digit revenue growth in its latest quarterly report as a red-hot housing market continues to spill over into the home remodeling industry. The demand, driven by a combination of low mortgage rates, low home supply and increased relocation activity amid the coronavirus pandemic, has Azek CEO Jesse Singh bullish about
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Zillow CEO Richard Barton told CNBC on Thursday the company hopes to turn the wave of people who dreamily browsed its website last year into actual homebuyers. Zillow has long been associated with so-called “real estate porn,” Barton acknowledged in a “Squawk on the Street” interview. He noted a headline in a San Francisco newspaper in 2006 made
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Taylor Morrison CEO Sheryl Palmer told CNBC Thursday the strength in the housing market has broadened out in recent months, adding another layer to the pandemic-era residential real estate boom. “It’s a phenomenal dynamic we’re seeing out in the marketplace,” Palmer said in an interview on “Closing Bell,” one day after the nation’s fifth largest
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Google has submitted its preliminary proposal for its North Bayshore campus in Mountain View. Source: SITELAB urban studio Google released preliminary plans late last week for its future campus in northern Mountain View, CA, which emphasizes several thousand new homes and space for local shops amid pandemic recovery. For the project, Google and development partner
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The affordable housing crisis in the United States continues to be a problem and it’s only getting worse. Nationally, there is a shortage of about seven million affordable homes for our nation’s more than 11 million extremely low-income families, according to the National Low Income Housing Coalition. Some areas are worse off than others, with
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