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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
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 — either in summer or fall. Read Article
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
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
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
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
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
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
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
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