Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Homebuilder confidence slips slightly in November
The nation's single-family homebuilders are feeling very positive about their business, but a monthly sentiment indicator fell in November from a recent high. Read Article
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
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
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
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
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
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
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
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
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
