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  • Michael Jordan auctioning Chicago-area estate Friday, 25 Oct 2013 | 5:27 PM ET
    A gate with the number 23 controls access to the home of basketball legend Michael Jordan on October 21, 2013 in Highland Park, Illinois.

    The NBA legend had listed the property for $29 million, then $21 million.

  • WASHINGTON, Oct 21- U.S. home resales fell in September and prices rose at their slowest pace in five months, the latest signs higher mortgage rates were taking some edge off the housing market recovery. The National Association of Realtors said on Monday home sales fell 1.9 percent to an annual rate of 5.29 million units.

  • WASHINGTON, Oct 21- U.S. home resales fell in September and prices rose at their slowest pace in five months, the latest signs higher mortgage rates were taking some edge off the housing market recovery. The National Association of Realtors said on Monday home sales fell 1.9 percent to an annual rate of 5.29 million units.

  • Wells Fargo eliminates 2,300 mortgage jobs Wednesday, 21 Aug 2013 | 4:38 PM ET
    Pedestrians pass in front of a Wells Fargo & Co. bank branch in New York

    Wells Fargo is cutting 2,300 jobs from in the mortgage production unit,the company said on Wednesday.

  • Surging rates clip demand for mortgages Wednesday, 17 Jul 2013 | 7:08 AM ET

    Applications for U.S. home mortgages fell last week, driven by a decline in demand for refinancing loans as mortgage interest rates remained at a two-year high.

  • Bullish on Asian property: Expert     Thursday, 11 Jul 2013 | 9:44 PM ET

    Carlo Sant'albano, Executive Chairman at Cushman & Wakefield explains why he's positive on the long-term performance for Asian real-estate despite the surge in home prices.

  • Fuzzy Math: An Early Warning Sign for Foreclosure Monday, 24 Jun 2013 | 6:23 PM ET

    Americans who have trouble dividing 300 by 2 are much more likely to end up in foreclosure than consumers with average math skills, according to a new study.

  • Mega-Broker to Rich Dolly Lenz Departs Elliman Wednesday, 12 Jun 2013 | 10:25 AM ET
    I. Dolly Lenz, vice chairwoman, Prudential Douglas Elliman

    I. Dolly Lenz, who has brokered more than $8 billion in deals over 25 years and has long been on the top real-estate deal-makers in New York, is leaving Douglas Elliman Real Estate.

  • Mortgage Apps Rise, Ignore Surging Interest Rates Wednesday, 12 Jun 2013 | 7:01 AM ET
    A 'sold' sign stands outside a home in LaSalle, Illinois, U.S., June 7, 2013.

    Another surge in interest rates pushed prospective U.S. homebuyers to act as demand for applications for mortgages, which rose for the first time in a month.

  • Chinese Buyers Changing US Home Prices     Monday, 10 Jun 2013 | 10:50 AM ET

    Dolly Lenz, Prudential Douglas Elliman, says smart sellers are catering to the new buyers from Asia. She believes buyers from China make up about 10 percent of the market. "That's a lot," she adds.

  • Mortgage Apps Drop as Rates Hit Highest in a Year Wednesday, 5 Jun 2013 | 7:05 AM ET

    Interest rates on U.S. mortgages continued to surge last week, rising above four percent for the first time in a year and driving down demand from homeowners to refinance.

  • Sales of Bank-Owned Homes Plunge to a 5-Year Low Thursday, 30 May 2013 | 7:13 AM ET
    A sale pending sign is posted in front of a home for sale in San Francisco, California.

    Sales of bank-owned homes plunged to a five-year low, the latest evidence that foreclosure woes are easing as the U.S. housing market recovery gains momentum.

  • US Mortgage Apps Fall in Latest Week as Rates Rise Wednesday, 15 May 2013 | 6:52 AM ET
    Foreclosure prevention counseling fair

    Applications for U.S. home mortgages fell last week for the first time in more than a month as interest rates jumped, sapping demand for refinancing.

  • Lower Rates Fuel Jump in US Mortgage Applications Wednesday, 8 May 2013 | 7:25 AM ET

    Applications for U.S. home mortgages rose last week, fueled by demand for refinancing as interest rates fell to the lowest level of the year.

  • Chinese Tycoon Defends Bid of Iceland Chunk     Tuesday, 23 Apr 2013 | 8:15 PM ET

    Founder and chairman of Beijing Zhongkun Investment Group, Huang Nubo, made headlines when he tried to buy 300 km in Iceland, but he tells CNBC that his main focus remains on China.

  • China Property Transaction Volumes to Slow     Tuesday, 23 Apr 2013 | 12:32 AM ET

    Michael Klibaner, Regional Director, Head of Research, Greater China at Jones Lang LaSalle says transaction volumes in China's property market peaked in March and will therefore slow in Q2.

  • Tumbling Rates Drive Demand for New Mortgages Wednesday, 10 Apr 2013 | 7:27 AM ET

    Mortgage applications rose last week, driven by improved refinance demand as interest rates tumbled, an industry group said on Wednesday.

  • Applications Tumble as US Mortgage Rates Rise Wednesday, 20 Mar 2013 | 8:14 AM ET

    Applications for U.S. home mortgages tumbled for a second week in a row last week as interest rates continued to climb to seven-month highs, data from an industry group showed on Wednesday.

  • Foreclosure Hot Spots Continue to Plague Market Thursday, 14 Mar 2013 | 6:33 AM ET

    More U.S. homeowners were hit with new foreclosure filings in February, pointing to the challenges the market still faces even as the housing recovery gains traction, RealtyTrac reported Thursday.

  • US Mortgage Applications Fall as Rates Spiked: MBA Wednesday, 13 Mar 2013 | 7:21 AM ET

    Mortgage rates spiked last week, sapping demand for home loans on the heels of a sharp rebound in applications the previous week, data from an industry group showed on Wednesday.

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