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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Trump's 'opportunity zones' are popular with investors, but they might offer less benefit to voters
The Trump administration announced new tax rules to help spur investment in economically distressed neighborhoods. While investors can expect immediate tax breaks, the benefits to voters in targeted neighborhoods are harder to measure. Read Article
Investors can get big tax breaks if they invest in 'opportunity zones' under new Treasury rules
The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first. Read Article
Homeowners poised to start tapping $14.4 trillion in equity
With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt. Read Article
Existing home sales down 3.4% in September
CNBC's Diana Olick reports the latest read on existing home sales from the National Association of Realtors. Read Article
'Very slow' cooling of China's economy was expected: BNP Paribas
Tianhe Ji of BNP Paribas says the slowing growth of China's economy is expected to continue for the rest of the year and 2019. Read Article
Higher rates hitting both home buyers and builders
CNBC's Diana Olick reports that interest rates hit a near seven-year high, hitting homebuilding stocks and home buyers. Read Article
Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing
Bank of America Merrill Lynch downgrades homebuilder stocks Toll Brothers, PulteGroup and NVR and lowers its homebuilding estimates for 2018 and 2019. Read Article
Heavier rains and catastrophic floods force cities to drain lakes, ponds with the help of cloud tech
Intense storms are becoming much more frequent, damaging local infrastructures and budgets. New companies are turning to technology to find ways to mitigate the impact of costly flooding nationwide. Read Article
Real estate sales fall in high-tax states, surges in low-tax
CNBC's Robert Frank reports on the story of two markets in luxury real estate. Read Article
Here's what to watch as real estate drifts into two different markets
Jonathan Miller, Miller Samuel CEO, joins 'Squawk Box' to discuss trends he sees in the housing market and how the tax laws in high-tax and low-tax states are going to impact investors. Read Article