Real Estate

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Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little Rock lender today has billions of dollars in commercial real-estate loans, including for properties in Miami and Manhattan, where it is helping fund the construction of a 1,000-foot-tall office and luxury residential tower on Fifth

With 32,597 Airbnb listings for an estimated 1.4 million inhabitants, the island state of Hawaii has the highest Airbnb density out of all U.S. cities and regions analyzed by InsideAirbnb as of June 2023. The project, which scrapes publicly available data from Airbnb’s website, was founded by activist and artist Murray Cox and has seen

JUST IN: Average interest rate on a 30-year mortgage rises to 7.62%, the highest since 2000. Mortgage demand just hit a 28-year low and existing home sales are at their lowest since 2010. Why are rates still rising if the Fed is done hiking? A lot of it has to do with US deficit spending.

As mortgage rates surge to the highest levels since 2000, the mortgage market is going deeper into a state of paralysis. A gauge of US mortgage applications for home purchases fell to a 28-year low last week.

Investors, beware: The stock market is at a high-risk juncture and a credit event could be just around the corner. One more risk – and potential trigger – that’s looming is the restart of student loan repayments. The “butterfly effect” is the idea in chaos theory that a small change can trigger a series of

Home prices are now contracting at levels only seen 2 times. Both ended in deep recessions.

Zillow Group Inc. is offering mortgages with just a 1% down payment as it tries to attract house hunters facing the most-unaffordable market in almost four decades. The 1% down payment program is even lower than Freddie Mac’s best of 3%, with Zillow offering to pay 2% of the down payment at closing, according to