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Real Estate
Company needs to cut 85% of its workforce
Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a "bloated" workforce have been a drag on the company's culture, as he vowed to slash…
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Opendoor stock closes 78% higher after company names new CEO
OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform.OpendoorOpendoor stock rocketed 78% higher on Thursday after the…
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Mortgage demand jumps to the highest level in three years
An aerial view of homes in a neighborhood on Aug.27, 2025 in San Francisco, California. Justin Sullivan | Getty ImagesA sharp drop in mortgage interest rates finally got some…
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AI tech talent is juicing these real estate markets
Pete Lomchid | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving…
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How to get the best mortgage rates as 30-year fixed nears 1-year low
The average rate on the 30-year fixed mortgage notched its biggest one-day drop in more than a year on Friday. Although mortgage rates are now at their lowest level since…
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Quarterly demand for industrial space falls for the first time in 15 years
Owngarden | Moment | Getty ImagesFive years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play…
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Former Fed Gov. Kugler’s property records deepen mystery of her resignation
Former Federal Reserve Governor Adriana Kugler's abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial…
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How Italy’s flat tax regime has sparked a super rich boom in Milan
Italy — a perennial favorite of the rich and famous — is attracting a new wave of ultra-wealthy arrivals looking to take advantage of its investor friendly environment, thriving…
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Mortgage demand from homebuyers pulls back, after four weeks of gains
A 'For Sale' sign is posted beside property for sale in Alhambra, California, on August 28, 2025. Frederic J. Brown | AFP | Getty ImagesMortgage rates fell again last week, but…
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Norway sovereign wealth fund invests $543 million in Manhattan offices
NEW YORK, NY - JUNE 28: People walk along 6th Avenue in front of One World Trade Center during a street festival on June 28, 2025, in New York City. (Photo by Gary…
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