'Quiet wealth' takes on new meaning with super-private deals for mansions, art and classic cars

Last year, while combined public auction sales for Sotheby's, Christie's and Phillips fell by 19%, private sales rose.

from Real Estate https://www.cnbc.com/2024/05/17/private-deals-mansions-art-cars.html

China pledges $42 billion in a slew of measures to support the struggling property sector

Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.

from Real Estate https://www.cnbc.com/2024/05/17/china-pledges-billions-in-measures-to-support-struggling-property-sector.html

Mortgage demand from homebuyers drops even as interest rates pull back to April lows

Total mortgage application volume increased just 0.5% from one week earlier, according to the Mortgage Bankers Association's seasonally adjusted index.

from Real Estate https://www.cnbc.com/2024/05/15/mortgage-demand-from-homebuyers-drops-even-as-interest-rates-pull-back.html

A 20% home down payment isn't 'the law of the land,' analyst says. Here's how much people are paying

Homebuyers are making bigger down payments, but the average is well below 20%. While the share is considered as a standard, it's not "the law of the land."

from Real Estate https://www.cnbc.com/2024/05/14/how-much-you-need-for-a-home-down-payment-its-not-20percent.html

Your home sale could trigger capital gains taxes — here's how to calculate your bill

Home prices are rising and selling your primary home could trigger capital gains taxes. Here's how to calculate your tax bill.

from Real Estate https://www.cnbc.com/2024/05/13/calculate-capital-gains-taxes-when-selling-a-home.html

Displaying art in your home? Here are some do's and don'ts

Where and how to hang pictures and other artworks can feel like a challenge. CNBC spoke to experts for their display tips.

from Real Estate https://www.cnbc.com/2024/05/13/how-to-display-pictures-in-your-home.html

Australia's budget is expected to target housing crisis as prices keep climbing

Treasurer Jim Chalmers is set to deliver the budget on Tuesday, which is expected to focus on addressing the nation's housing crisis.

from Real Estate https://www.cnbc.com/2024/05/13/australias-budget-is-expected-to-target-housing-affordability-crisis.html