SUMMIT PROPERTIES

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Weekly mortgage applications tank 7.1% as interest rates surge to a near 8-year high

Homebuyer demand is strong, but affordability was weakening even before rates began to rise, as tight supply pushed home prices sharply higher. Read Article

Wed, 17 Oct 2018 04:00:00 PDT

Trump claims he has 'no financial interests in Saudi Arabia' ó but he makes lots of money from it

President Donald Trump's new tweet denying a financial stake in Saudi Arabia comes amid a growing furor over suspicions that the country's rulers ordered the killing of Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul. Read Article

Tue, 16 Oct 2018 09:27:00 PDT

Trump Organization's Scottish housing plan receives record number of objections

The Trump Organization has received a record number of objections to its proposed new housing estate in Scotland. Read Article

Tue, 16 Oct 2018 07:27:00 PDT

NAHB sentiment index at 68 in October

CNBC's Diana Olick reports the latest read on the housing market from the National Association of Home Builders (NAHB). Read Article

Tue, 16 Oct 2018 07:00:00 PDT

Homebuilder sentiment improves in October as lumber prices fall

A monthly reading of homebuilder sentiment rose one point in October. Builders cite the drop in lumber prices as well as strong demand for housing as the driver of the gain. Builders continue to be faced with higher costs for land and labor.† Read Article

Tue, 16 Oct 2018 07:00:00 PDT

1 in 3 baby boomers say college debt still stands in the way of saving for retirement

Across all generations, Americans are delaying saving for retirement and purchasing a home because of their student debt, according to a new report.† Read Article

Tue, 16 Oct 2018 05:30:00 PDT

Here is a map of the 142 Sears and Kmart stores set to close

Sears will continue to operate through the holidays, as it looks to find a buyer for the business. It will also continue to evaluate its remaining stores' performance. Read Article

Mon, 15 Oct 2018 10:37:00 PDT

Uncertainty on how the housing market will react to rates above 5 percent

CNBC's Diana Olick reports of uncertainty in the housing market as lenders react to rising rates. Read Article

Mon, 15 Oct 2018 09:40:00 PDT

Cramer's Exec Cut: Finding stability during market uncertainty

Jim Cramer discusses steady secular trends with Carnival Corporation, Canopy Growth and more. Read Article

Fri, 12 Oct 2018 16:00:00 PDT

Thousands line up for zero-down-payment, subprime mortgages

Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of homeownership. Now a major player in the subprime crisis is backing new loans to the same borrowers but with a far different product.† Read Article

Fri, 12 Oct 2018 10:42:00 PDT
RE/MAX Summit Properties
Ph: (828) 743-6445
94 Highway 64 West
Cashiers, NC 28717 US
www.martyjonesrealty.com
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