Senate bill aims to increase affordable housing supply. Here's what renters, home buyers need to know

A Senate committee advanced a bipartisan bill that would spur the construction of affordable housing. Here’s what to know about it.

from Real Estate https://www.cnbc.com/2025/08/01/what-to-know-about-the-senate-affordable-housing-bill.html

Startup Trunk Tools is using AI to reduce construction errors and waste

Trunk Tools, a generative AI platform, automates some of the more tedious tasks, pinpoints project risks and simplifies documents.

from Real Estate https://www.cnbc.com/2025/08/01/trunk-tools-ai-reduce-construction-error-waste.html

Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more

From credit cards, car loans, mortgages, savings and student debt, here's how the Federal Reserve's interest-rate decision influences your wallet.

from Real Estate https://www.cnbc.com/2025/07/30/fed-holds-interest-rates-steady-what-that-means-for-your-money.html

Apartment rents drop in July as vacancies move to multi-year high

Apartment vacancies are still rising due to a glut of new apartments hitting the market in the past few years. Rents are down from a year ago.

from Real Estate https://www.cnbc.com/2025/07/30/apartment-rents-drop-in-july-as-vacancies-move-to-multi-year-high.html

Architecture firms report decline in billings for commercial real estate

The AIA/Deltek Architecture Billings Index (ABI) remained in negative territory in June with a score of 46.8, down from 47.2 in May.

from Real Estate https://www.cnbc.com/2025/07/30/architecture-firms-report-decline-in-billings-for-commercial-real-estate.html

Mortgage demand drops to lowest level since May, as interest rates stall

Mortgage demand fell to the lowest level since May, even as mortgage interest rates haven't moved at all. Consumers are concerned about the broader economy.

from Real Estate https://www.cnbc.com/2025/07/30/mortgage-demand-drops-to-lowest-level-since-may.html

Real estate developers say affordable housing could soon become more profitable

Housing developers have said it's too expensive to put up quality, low-income apartments. Jonathan Rose said relief may be on the way.

from Real Estate https://www.cnbc.com/2025/07/29/real-estate-developers-affordable-housing-profitable.html