President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
With all the talk of a hot real estate market and home prices soaring in certain areas around the country, housing is actually affordable for the rest of the nation, National Association of Home Builders CEO Jerry Howard said Thursday.
"With interest rates being what they are, it's still a great time to buy," he said in an interview with CNBC's "Power Lunch."
According to a recent study by real estate analytics company CoreLogic, seven of the top 100 metropolitan U.S. housing markets are overvalued. Tight supply and strong demand are pushing up prices.
Four of the seven markets are in Texas: Austin, Houston, Dallas and San Antonio. Charleston, South Carolina, Miami and Washington, D.C., round out the list.
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Meanwhile, U.S. housing starts jumped to their highest level in almost 7 1/2 years in April and permits for future home construction soared 10.1 percent.
Real estate developer Don Peebles, founder and CEO of the Peebles Corp., said the strongest housing markets in terms of pricing and demand are New York and San Francisco.
"Right now in the major cities like New York, San Francisco, Washington, D.C., and other places, there is a shortage of inventory and in fact that's slowing the market down because many people don't want to sell their own homes until they can go into a new home."
However, he doesn't think housing is overpriced.
"If you look at where housing prices are today adjusted for inflation from the last market cycle, they are still relatively reasonably priced," Peebles said.
Howard also noted that those markets also have some of the most restrictive building requirements in the country, which drives up the cost.
—CNBC's Diana Olick and Reuters contributed to this report.