Single-family new-home sales posted a sharp rise in October, but other factors still pose challenges for the real estate market, economists say.
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Foreclosure activity on homes valued at $5 million or more has soared 61 percent since October 2012, RealtyTrac reports.
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Some of the largest companies in America are swapping their suburban campuses for downtown office space, betting that such a move will help them recruit new employees.
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New homes can command a premium with renters, and investors are taking notice. The percentage of homes built specifically as rentals is at a record high.
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For the first time in 17 years, the USB connector is getting a makeover with a new plug type. But don’t expect it to be compatible with existing USB devices.
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Three of the nation’s largest banks are falling short of new standards for dealing with mortgage customers, according to a report released by the Office of Mortgage Settlement Oversight.
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