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Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

NYC home buyers could take advantage of this market: Real Estate pro

CNBC's "Power Lunch" team discusses the struggle real estate faces amid the coronavirus pandemic with Bess Freedman, CEO of New York City-based Brown Harris Stevens. Read Article

Thu, 02 Apr 2020 11:57:16 PDT

Manhattan real estate sales ground to a halt in March. Prices could plunge next

The big question is what prices will look like when the market starts to recover ó either in summer or fall. Read Article

Thu, 02 Apr 2020 11:30:04 PDT

Small landlords struggle as renters either can't or choose not to pay amid coronavirus layoffs

As job losses mount into the millions, laid-off workers increasingly can't make the rent, and small landlords are left holding the bag. Read Article

Thu, 02 Apr 2020 10:32:18 PDT

There will be a re-calibration in New York after coronavirus, realty expert says

Scott Rechler, CEO and chairman of RXR Realty, joins "Squawk Box" to discuss how the real estate industry is being affect by the coronavirus outbreak. Read Article

Thu, 02 Apr 2020 06:10:21 PDT

Coronavirus outbreak leads to dramatic drop in NYC real estate inventory

The coronavirus outbreak is slamming the housing market's spring season and New York real estate has been hit especially hard. CNBC's Robert Frank reports. Read Article

Thu, 02 Apr 2020 04:48:47 PDT

Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest

The $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can't pay. Read Article

Wed, 01 Apr 2020 11:03:23 PDT

NY legislators push to cancel rent for three months

CNBC's Robert Frank details plans in the New York state legislature to cancel rent for three months as the fallout from the coronavirus outbreak continues. Read Article

Wed, 01 Apr 2020 09:27:21 PDT

FHFA director: Approximately 700,000 mortgage loans could need forbearance

Federal Housing Finance Agency director Mark Calabria joins CNBC's "Squawk on the Street" to discuss the influx of calls lenders are seeing as homeowners ask for forbearance. Read Article

Wed, 01 Apr 2020 11:41:37 PDT

Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO

For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments. Read Article

Wed, 01 Apr 2020 09:44:05 PDT

Where your coronavirus stimulus check will go furthest, based on US rents

Millions of workers have reason to cheer, thanks to a $2 trillion stimulus package passed by Congress last week that will put checks in their pockets. But how far will $1,200 really go? CNBC took a look at what that sum could mean for rent payers around the country. Read Article

Wed, 01 Apr 2020 07:29:02 PDT
Bruce Davis
Homes & Harbors Real Estate
Ph: 207.833.0500Fax:207.833.0600
1624 Harpswell Islands Road
Orrs Island, ME 04066 US
Licensed Real Estate Broker DB903709
www.homesandharbors.com
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