Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
The foreign demand for Australian commercial property
James Quigley of Cushman & Wakefield says Australia has the "perfect conditions" to attract foreign interest in its commercial real estate market. Read Article
Ford plans to revive long-vacant Michigan Central station as hub for its self-driving cars
The station, which looms over Detroit's Corktown neighborhood, has stood empty since the last train left in 1988. Read Article
These are the homebuilder stocks to buy, says hall of fame analyst
Ivy Zelman, Zelman and Associates CEO, breaks down which homebuilder stocks she recommends as demand persists for more housing inventory. Read Article
Rising consumer debt casts a shadow on US growth forecasts: Strategist
Robert Luna of Surevest Wealth Management says that while U.S. growth forecasts are strong, the gains may prove to be transitory as consumers load up on debt. Read Article
Take a look at this Macy's store near Washington, DC—it's now a homeless shelter
As retailers and malls struggle for survival, one vacant Macy's near Washington, DC, has become a homeless shelter, the New York Times reports. Read Article
Home sellers may be dropping prices due to higher mortgage rates
CNBC's Diana Olick reports on how higher interest rates may be impacting housing prices. Read Article
Impact of rising interest rates on bank stocks
Jeffery Harte, Sandler O'Neill bank analyst, discusses what continued rate hikes mean for the banking sector. Read Article
More Toys R Us stores went up for sale. Here's what's moving in
According to court documents filed Wednesday in Virginia, another round of Toys R Us shops has been bid on. Read Article
In this red-hot housing market, if a 'for sale' sign goes up, don't blink—you might miss it
Of the homes that sold in May, 27.6 percent went above their list price — another record, according to Redfin. Read Article
Homebuilder stocks drop after report on weaker order trends
Zelman & Associates sent a report to its clients before the market open Wednesday on housing order trends. Read Article