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Real Estate News

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

Real Estate

WeWork reportedly planning to lay off thousands as it attempts to reverse its fortunes

WeWork could lay off as many as 6,000 employees as part of painful cost-cutting measures to turn its business, the New York Times reported. Read Article

Sun, 17 Nov 2019 18:53:00 PST

The public market showed discipline with WeWork, says Roger McNamee

Henry Blodget of Business Insider and Roger McNamee of Elevation Partners join "Squawk Alley" to discuss the mounting struggles at WeWork as the company reports its losses have doubled. Read Article

Thu, 14 Nov 2019 08:29:00 PST

Sanders and Ocasio-Cortez unveil $180 billion 'Green New Deal' for public housing

The bill is the latest effort by the Democrats to bring Green New Deal policies into housing policy. It would retrofit 1 million units of federally owned housing. Read Article

Thu, 14 Nov 2019 08:04:00 PST

Facebook is moving into more than 1.5 million square feet of office space in New York's Hudson Yards

Facebook plans to start moving into the new offices in 2020. Read Article

Thu, 14 Nov 2019 06:59:00 PST

WeWork tells investors it lost $1.25 billion in the third quarter

Losses were up more than 150% from last year as the company added a record number of desks. Read Article

Wed, 13 Nov 2019 15:13:00 PST

Bidding wars for homes hit a decade low

Competition in the fall housing market is falling. Just 10% of offers written by Redfin agents for their clients in October faced a bidding war, down from 39% a year ago, according to the Seattle-based real estate brokerage. Read Article

Wed, 13 Nov 2019 11:10:00 PST

Homebuilder stocks are on a run—here's who's leading the sector and why

Homebuilder stocks are up 50 percent this year. Kenneth Zener, KeyBanc Capital Markets, and CNBC's Diana Olick joins 'The Exchange' to discuss what's behind the move and which stocks to watch. Read Article

Wed, 13 Nov 2019 10:52:00 PST

Weekly mortgage applications jump to highest level in over a month

Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week. Read Article

Wed, 13 Nov 2019 04:00:00 PST

Surveillance video released of burglars who raided billionaire Mall of America mogul Don Ghermezian's New York mansion

Police released video of the suspected burglars who ransacked the New York mansion of billionaire Don Ghermezian, stealing $140,000 worth of luggage and jewelry. Read Article

Tue, 12 Nov 2019 09:07:00 PST

Warehouse leasing plummets – because there's so little new space to lease

Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report. Read Article

Tue, 12 Nov 2019 08:10:00 PST
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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