News

On Friday, CNBC revealed the most expensive states to live in in 2015. According to the news source, Hawaii topped the list, with California and New York following closely behind. “The Ahola State is living proof that you get what

It’s no secret by now that rental prices have been skyrocketing nationwide for months upon months. Now, CNBC financial reporter Diana Olick has taken another look at the rental market and found that – despite the growing costs – rental

Million Dollar Listing star Josh Flagg joined a panel of CNBC reporters on Squawk Box on Thursday and revealed that California is currently experiencing a housing boom – particularly in the million dollar housing market. According to Flagg, large home

With rent prices increasing by leaps and bounds nationwide, you may – understandably – assume that cities like New York and San Francisco are getting hit the hardest. But as it turns out, it’s smaller metro areas like Portland, Maine,

CNBC reporter Robert Frank revealed on Monday that overseas buyers have purchased more than $1 billion worth of American real estate in the last year. Frank cited the National Association of Realtors’ latest data, which found that a record $104

Nearly 8 million borrowers have lost their homes to foreclosure or short sale since 2004, and now, a large portion of those former homeowners are ready to reenter the housing market. “Lenders require seven years after a foreclosure and four

Ellie Mae released its latest Origination Insight Report on Thursday and revealed that “home buying season is in full swing.” According to the newest data from May, purchase volume took a 58 percent share of all mortgage originations, which was

As rent prices continue to skyrocket, there appears to be no relief in sight. According to the most recent data released on Thursday, consumer housing costs are far outpacing price growth elsewhere in the economy, and landlords don’t seem to

Good news for consumers: Households nationwide are getting better at keeping their debts in check. According to the latest S&P/Experian Consumer Credit Default Indices – which track the rate at which consumers fall behind on their debt – Americans are

New Jersey Senator Robert Menendez proposed a brand new bill on Tuesday that would aim to help homeowners nationwide avoid going into foreclosure. Specifically aimed at individuals and families across the country who owe more than their house is worth,