Real Estate News

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

Real Estate

Trump's 'opportunity zones' are popular with investors, but they might offer less benefit to voters

The Trump administration announced new tax rules to help spur investment in economically distressed neighborhoods. While investors can expect immediate tax breaks, the benefits to voters in targeted neighborhoods are harder to measure. Read Article

Fri, 19 Oct 2018 12:17:00 PDT

Investors can get big tax breaks if they invest in 'opportunity zones' under new Treasury rules

The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first. Read Article

Fri, 19 Oct 2018 08:30:00 PDT

Home equity has come 'roaring back' from the recession � and owners are poised to tap it

With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt. Read Article

Fri, 19 Oct 2018 08:03:00 PDT

Existing home sales down 3.4% in September

CNBC's Diana Olick reports the latest read on existing home sales from the National Association of Realtors. Read Article

Fri, 19 Oct 2018 07:00:00 PDT

'Very slow' cooling of China's economy was expected: BNP Paribas

Tianhe Ji of BNP Paribas says the slowing growth of China's economy is expected to continue for the rest of the year and 2019. Read Article

Thu, 18 Oct 2018 19:42:00 PDT

Higher rates hitting both home buyers and builders

CNBC's Diana Olick reports that interest rates hit a near seven-year high, hitting homebuilding stocks and home buyers. Read Article

Thu, 18 Oct 2018 09:50:00 PDT

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

Bank of America Merrill Lynch downgrades homebuilder stocks Toll Brothers, PulteGroup and NVR and lowers its homebuilding estimates for 2018 and 2019. Read Article

Thu, 18 Oct 2018 05:53:00 PDT

Heavier rains and catastrophic floods force cities to drain lakes, ponds with the help of cloud tech

Intense storms are becoming much more frequent, damaging local infrastructures and budgets.�New companies are turning to technology to find ways to mitigate the impact of costly flooding nationwide. Read Article

Thu, 18 Oct 2018 05:20:00 PDT

Real estate sales fall in high-tax states, surges in low-tax

CNBC's Robert Frank reports on the story of two markets in luxury real estate. Read Article

Thu, 18 Oct 2018 04:13:00 PDT

Here's what to watch as real estate drifts into two different markets

Jonathan Miller, Miller Samuel CEO, joins 'Squawk Box' to discuss trends he sees in the housing market and how the tax laws in high-tax and low-tax states are going to impact investors. Read Article

Thu, 18 Oct 2018 04:13:00 PDT

Scott Naumann

Mountain & Desert Properties LLC

Ph: (480) 488-9974

36600 N. Pima Road, Suite 206

Carefree, AZ 85377 US

Licensed Real Estate Broker LC648485000

www.desertmountainrealestate.co