Homeowners are sitting on $6 trillion in available cash, but they're not tapping it

Posted from: https://www.cnbc.com/2018/09/14/homeowners-are-sitting-on-6-trillion-in-available-cash-but-theyre-not-tapping-it.html

The big gains in home values over the last two years are starting to slow down, but U.S. homeowners are still reaping the rewards. As prices continue to rise, so too does the amount of home equity available for homeowners to tap….

Posted from: https://www.cnbc.com/2018/09/14/homeowners-are-sitting-on-6-trillion-in-available-cash-but-theyre-not-tapping-it.html

The big gains in home values over the last two years are starting to slow down, but U.S. homeowners are still reaping the rewards. As prices continue to rise, so too does the amount of home equity available for homeowners to tap….

Florence has potential to cause $5 billion in property damage

Posted from: https://www.cnbc.com/2018/09/14/florence-has-potential-to-cause-5-billion-in-property-damage.html

An estimated 250,000 homes in North Carolina will likely be affected, with the bulk of the damage in that state. Across both states, Florence could cause $3 billion to $5 billion in insured property losses from wind and storm surge, according to CoreLogic….

Posted from: https://www.cnbc.com/2018/09/14/florence-has-potential-to-cause-5-billion-in-property-damage.html

An estimated 250,000 homes in North Carolina will likely be affected, with the bulk of the damage in that state. Across both states, Florence could cause $3 billion to $5 billion in insured property losses from wind and storm surge, according to CoreLogic….

Carolinas real estate at risk from Florence

Posted from: https://www.cnbc.com/video/2018/09/14/carolinas-real-estate-at-risk-from-florence.html

CNBC's Diana Olick takes a look at how real estate in the Carolinas may be impacted by Hurricane Florence….

Posted from: https://www.cnbc.com/video/2018/09/14/carolinas-real-estate-at-risk-from-florence.html

CNBC's Diana Olick takes a look at how real estate in the Carolinas may be impacted by Hurricane Florence….

Florence expected to rank among the top 10 costliest hurricanes ever

Posted from: https://www.cnbc.com/2018/09/13/florence-expected-to-rank-among-the-top-10-costliest-hurricanes-ever.html

The National Hurricane Center lowered Hurricane Florence to Category 2 on Thursday but the catastrophic combination of heavy rains and a severe storm surge are making the storm more dangerous than ever….

Posted from: https://www.cnbc.com/2018/09/13/florence-expected-to-rank-among-the-top-10-costliest-hurricanes-ever.html

The National Hurricane Center lowered Hurricane Florence to Category 2 on Thursday but the catastrophic combination of heavy rains and a severe storm surge are making the storm more dangerous than ever….

China may use its property markets to defend against Trump's trade war offensive

Posted from: https://www.cnbc.com/2018/09/13/rising-chinese-property-prices-a-potential-trade-war-defense-clsa.html

China is under pressure from an onslaught of U.S. tariffs, but the government could blunt some of the negative effects by encouraging property prices to rise, according to a CLSA analyst….

Posted from: https://www.cnbc.com/2018/09/13/rising-chinese-property-prices-a-potential-trade-war-defense-clsa.html

China is under pressure from an onslaught of U.S. tariffs, but the government could blunt some of the negative effects by encouraging property prices to rise, according to a CLSA analyst….

Warning sign: The epicenter of the housing bust is booming again

Posted from: https://www.cnbc.com/2018/09/12/warning-sign-the-epicenter-of-the-housing-bust-is-booming-again.html

The recovery for the middle class in Northern Las Vegas has been an uneven process, and the rate in which housing prices are increasing are making many communities no longer affordable for some, The New York Times reports. …

Posted from: https://www.cnbc.com/2018/09/12/warning-sign-the-epicenter-of-the-housing-bust-is-booming-again.html

The recovery for the middle class in Northern Las Vegas has been an uneven process, and the rate in which housing prices are increasing are making many communities no longer affordable for some, The New York Times reports. …

Hurricane official: 'Catastrophic rainfall' across Carolinas, storm surge up to 50 miles inland

Posted from: https://www.cnbc.com/2018/09/12/coastal-residents-are-fleeing-a-potentially-devastating-blow-from-hurricane-florence.html

Hurricane Florence is closing in on the coast of the Carolinas, with officials expecting the storm to make a direct hit by early Friday….

Posted from: https://www.cnbc.com/2018/09/12/coastal-residents-are-fleeing-a-potentially-devastating-blow-from-hurricane-florence.html

Hurricane Florence is closing in on the coast of the Carolinas, with officials expecting the storm to make a direct hit by early Friday….

Weekly refinance demand plummets as mortgage rates hit a 5-week high

Posted from: https://www.cnbc.com/2018/09/12/weekly-refinance-demand-plummets-as-mortgage-rates-hit-a-5-week-high.html

Mortgage application volume fell 1.8 percent last week, according to the Mortgage Bankers Association….

Posted from: https://www.cnbc.com/2018/09/12/weekly-refinance-demand-plummets-as-mortgage-rates-hit-a-5-week-high.html

Mortgage application volume fell 1.8 percent last week, according to the Mortgage Bankers Association….

This property tax strategy can help free up income in retirement

Posted from: https://www.cnbc.com/2018/09/12/this-property-tax-strategy-can-help-free-up-income-in-retirement.html

In some cities, you can get a property tax deferral until you die or sell your house. But make sure you read the fine print….

Posted from: https://www.cnbc.com/2018/09/12/this-property-tax-strategy-can-help-free-up-income-in-retirement.html

In some cities, you can get a property tax deferral until you die or sell your house. But make sure you read the fine print….

JP Morgan Chase CEO Jamie Dimon details how the 2008 financial crisis unfolded

Posted from: https://www.cnbc.com/2018/09/11/jpmorgan-ceo-jamie-dimon-details-the-2008-financial-crisis.html

In an interview with CNBC's Andrew Ross Sorkin, J.P. Morgan CEO Jamie Dimon details how the 2008 financial crisis unfolded. …

Posted from: https://www.cnbc.com/2018/09/11/jpmorgan-ceo-jamie-dimon-details-the-2008-financial-crisis.html

In an interview with CNBC's Andrew Ross Sorkin, J.P. Morgan CEO Jamie Dimon details how the 2008 financial crisis unfolded. …