News and information about Real estate - Business - NBC News.com

At its narrowest point, the home is just 55 inches wide.

Zillow

Real estate

Listing of the week: the house that spite built

First-time homebuyers are having a tough time getting credit and are slowly being replaced by investors, largely using cash.

Gene J. Puskar / AP

Real estate

Tight credit squeezing first-time homebuyers out of market

A new study shows a link between high home ownership and high unemployment. Why? Its deters people from moving to look for work.

MIKE BLAKE / Reuters

Real estate

High unemployment? Blame high home ownership, study says

Detroit rose to No. 1 in a list of the country's top 10 "turnaround" housing markets in the third quarter, according to Realtor.com.

REBECCA COOK / REUTERS

housing-recovery

Housing's top 'turnaround' markets may surprise you

CHICAGO, IL - OCTOBER 28: A person pushes a stroller past a home that is offered for sale in the Wicker Park neighborhood on October 28, 2013 in Chi...

Scott Olson / Getty Images

home-prices

Home prices rose in August, strongest gain since 2006

Signed contracts for home sales dropped, suggesting that final sales will slide in the coming months.

Gregory Bull / AP

Real estate

Housing recovery takes another blow as pending home sales tumble

JPMorgan said Friday that it has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed.

Frank Franklin II / AP

jpmorgan-chase

JPMorgan to pay $5.1 billion to Fannie Mae, Freddie Mac over mortgages

Fannie Mae and Freddie Mac can continue to fund bigger mortgages for now, federal regulators said.

Jonathan Ernst / Reuters

mortgages

U.S. backing for bigger mortgages continues for now

Rising interest rates and higher prices are making home ownership less affordable. A new report card grades which cities are the most and least affordable.

Joe Raedle / Getty Images

Real estate

Home affordability sinks as housing slows

Craigmuir Castle features 15 rooms and six fireplaces.

Zillow

Real estate

Listing of the week: apple country castle

Among the many amenities in Michael Jordan's home is a full-size basketball court with locker room and viewing area.

Zillow

Real estate

Michael Jordan's custom home up for auction

Rising mortgage rates are putting pressure on the real estate market, a worrisome sign for the overall economy.

Scott Olson / Getty Images

Real estate

Mortgage rate rise reduces home resales, price growth slows

Mitt Romney is expanding his real estate holdings with the purchase of this $8.9 million, 8,730-square-foot house in Park City, Utah.

Zillow

celebrity-real-estate

Celebrity real estate: Mitt Romney buys Utah log home, NBA's Garnett lists his

This upstate New York property featuring castle ruins comes with an eccentric history.

Zillow

Real estate

Listing of the week: Ruins of upstate NY castle brim with odd history

The housing market is feeling anxiety over the continued Washington stalemate over a deal to reopen the government and raise the Treasury Department's...

Ross D. Franklin / AP

Economy

Washington budget battle is hurting US housing market

Mark Zuckerberg, Facebook's co-founder and chief executive, has bought up his neighbors' homes in Palo Alto, Calif.

ROBERT GALBRAITH / REUTERS

Real estate

Mark Zuckerberg spends $30 million on four homes to ensure privacy

This Hollywood Hills home features multiple decks that have hosted famous guests over the years.

Zillow

Real estate

Listing of the Week: These Hollywood Hills decks hosted famous guests

Beverly Hills topped Manhattan in sales of mega-home this year. This home on the secluded Hanover Drive in Beverly Hills is listed at $15.9 million. T...

Coldwell Banker Previews Interna

beverly-hills

Beverly Hills edges Manhattan in pricey home sales

Peggy Fleming's wine estate features decks and patios that include a dining area beneath a grouping of oak trees.

Zillow

Real estate

Listing of the week: Olympian Peggy Fleming's wine estate

Eminem's childhood home in Detroit is up for auction.

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celebrity-real-estate

Celebrity real estate: A-Rod buys new condo, Eminem's childhood home up for auction

Open floor plans, like the one in this home, are among the top amenities that wealthy homebuyers say they want, a survey finds.

Zillow

wealth

Rich homeowners want tech, open floor plans

So-called pending home sales dropped 1.6 percent month-to-month in August as rising interest rates and higher prices took their toll on demand.

David Zalubowski / AP

Real estate

Housing recovery stumbles as pending home sales slide

This 5,000-square-foot home has the same great view year-round -- since it is 25 feet underground.

Zillow

Real estate

Listing of the week: View's always great at underground home

Bob Hope's Toluca Lake home is listed at $27.5 million.

Zillow

Real estate

Bob Hope's family home for sale

U.S. single-family home prices rose at a slightly slower pace than expected in July, but still the annual improvement was the strongest in more than s...

Danny Johnston / AP

home-prices

Home prices rise at strongest rate in over 7 years

A home is offered for sale by its owner in the Ukrainian Village neighborhood on August 21, 2013 in Chicago, Illinois.

Scott Olson / Getty Images

Real estate

Home sales 'last hurrah' for the next 12 months?

The Versace property, sold for $41.5 million to a mortgage holder, has a mosaic-tiled pool lined in 24-karat gold, an elaborate courtyard, 10 bedrooms and 11 baths.

Fisher Auction Company

Real estate

Versace mansion sells for mere $41.5M

Newport may be regaining its real estate shine. The estate known as Wildacre sold for $14 million, making it the third most expensive home ever sold in town.

Gustave White Sotheby's International Realty

Real estate

Campbell Soup heiress sells mansion as Newport regains shine

On the show

Good news for homeowners: Fewer homes enter foreclosure

Real estate

California city OKs plan to seize underwater mortgages using eminent domain

A San Francisco Bay Area city is moving ahead with its first-in-the-nation plan to use the government's constitutional power of eminent...

Your money

Cost of rent is rising faster than inflation

Real estate

Foot-wide Hamptons pathway sold for $120,000

This makes real estate prices in the ritzy Hamptons look like chump change. Two Wall Street financiers locked horns and bid each other up...

The Stephen M B Hunt House, in particular, is a spectacular example of classic Wright design. It's currently on the market for just under $700,000.

Zillow

Real estate

Listing of the week: Preserved Frank Lloyd Wright home

Architecture enthusiast Michael LaFetra was so appalled by updates to the Lautner Stevens home that he approached the owners and told them, "You're screwing up this house."

Zillow

Real estate

Listing of the week: A Lautner labor of love

Interest rates are up, so contracts to buy existing homes are down, raising more worries about the housing recovery.

Gene J. Puskar / AP

Real estate

Home sales falter on rising interest rates

Housing sector recovery is on track as prices continue to rise, although the pace of gains slowed slightly.

Justin Sullivan / Getty Images

Real estate

Home prices rise, but pace of gains slows a bit

Rising demand, tight inventory = higher home prices despite climbing mortgage rates. But it's not a bubble yet.

MIKE BLAKE / Reuters

Real estate

Home prices across the US defy gravity

Songstress Taylor Swift grew up in part in this Pennsylvania home, for sale for $799,500.

Zillow

Real estate

Celeb real estate: Taylor Swift's childhood home

Steve Ballmer, the Microsoft CEO who announced Friday he would be retiring in a year, sold a parcel of land on Whidbey Island in Washington state in July.

Zillow

Real estate

Microsoft's Steve Ballmer sells modest island house

On the show

Mortgage rates are highest in two years

One of the lucky onesa. A "Sold" sign is posted outside a home under construction in Carmel, Ind., but sales of newly built homes slid sharply in July...

Michael Conroy / AP file

Real estate

New home sales tumble, raising recovery worries