U.S. new home sales rose in November by 5.8%
[ad_1] The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in November, from a revised 605,000 in the prior month, the Commerce Department reported Friday.…
Buy Zillow stock, UBS says, as ‘maximum uncertainty’ presents a good entry point
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
Blackstone limits investor redemptions on $70 billion real-estate fund: shareholder letter
[ad_1] A mammoth $69 billion Blackstone BX, -7.09% real-estate fund has placed limits on investor redemptions after requests exceeded the fund’s monthly and quarterly limits, according to a Dec. 1…
Zillow confirms more layoffs amid housing-market slowdown
[ad_1] Zillow Group Inc. confirmed more layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market. Bloomberg News reported Wednesday that Zillow laid off 300…
The 10 most affordable housing markets for homebuyers, according to Zillow
[ad_1] Rejoice, fans of “The Office” — if you’re looking to buy a home, Scranton, Pa. also happens to be the most affordable housing market in America, according to a new…