Not since the bottom of the last housing crash have homes in the San Francisco Bay Area lost value. But prices follow sales, and sales have been running extraordinarily low since last summer, when mortgage rates spiked.
Airbnb is partnering with RXR Realty to convert portions of New York City commercial properties into a “new category of urban lodging.”
Liz Edlich, CEO of Radical Skincare, takes CNBC’s Robert Frank on a tour of her $35 million Malibu, California home.
Rent control is back on the front burner in California as lawmakers consider a bill that would cap monthly increases statewide and Gov. Gavin Newsom weighs in to support “a renter protection package.”
Farmland values in America’s heartland are stable despite pressures on farm incomes and rising interest rates, said the Kansas City Fed.
Los Angeles County’s population fell last year, even as other major counties in the state added residents.
Booker’s so-called baby bonds proposal, which has quickly become a centerpiece of his campaign, would provide every child born in the U.S. with a $1,000 savings account.
CNBC’s Diana Olick reports from Greenwich, Connecticut, where those trying to sell their million-dollar homes are taking serious losses as new tax laws slash values.
Tom Finke of Barings says the Middle East is an important and interesting place to “build relationships” and discusses the company’s plans to invest in the region.
CEOs and San Francisco residents have been debating over a new homeless shelter that could be coming to the area. CNBC’s Aditi Roy reports.