In this article SLG Follow your favorite stocksCREATE FREE ACCOUNT The Empire State Building, the Chrysler Building and One Vanderbilt are seen among other buildings in midtown Manhattan in New York City on Jan. 11, 2024. Angela Weiss | Afp | Getty Images Demand for New York City office space has finally returned to pre-pandemic
Month: January 2025
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors. The drop followed four straight months of gains and is the index was at its lowest level since August. These so-called pending sales are an indicator
The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed’s 2% mandate. The move comes after the central bank cut its benchmark interest rate by a full percentage point last year and in the wake of President Donald Trump‘s comment during his first week back in office that he’ll
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Mortgage rates didn’t move last week, but demand for new home loans continued to weaken. Both home buyers and current homeowners are hampered by today’s higher interest
In 2024, there were 27 weather disaster events in the U.S., including the devastating Hurricanes Helene and Milton, “with losses exceeding $1 billion each,” according to the National Centers for Environmental Information. More recently, the ongoing devastating wildfires, which started on Jan. 7, continue to ravage Southern California—and last week, a historic snowstorm barreled down
DUBAI, United Arab Emirates — Skyscraper-studded Dubai has been on a hot streak for the last five years — and some residents are starting to feel burned. The city-state has seen record-breaking real estate transactions and as more and more people come to live there, and its state-owned airline Emirates is booking record earnings. But
The concept of a “man cave” has long been associated with dim, dark spaces; ultramasculine decor; huge TV screens; and perhaps a few empty beer cans. But now, a much more sophisticated decor trend is taking over the oft-maligned “bachelor pads” and “man caves” of old, replacing them with chic and elegant spaces that have
An aerial view of the sun rising above homes that burned in the Eaton Fire on January 21, 2025 in Altadena, California. Mario Tama | Getty Images A few weeks ago, the home of Dr. Damon Raskin in Los Angeles’ wildfire-stricken Pacific Palisades neighborhood burned to the ground. Yet even as he, his wife and
After making a shocking prediction that up to 70% of Pacific Palisades residents won’t return to rebuild and live in their homes, former “Million Dollar Listing” real estate agent Josh Altman is explaining exactly why. “They’re not going to not return because they don’t want to return. Of course they want to go back there… They’re not
A Miami home that has been in the same family for more than a century is now up for grabs, carrying a price tag of $2.75 million and a legacy tied to the Civil Rights Movement. The historic residence at 752 NW Seventh Street Rd., nestled in the tree-lined Spring Garden neighborhood, has been passed
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump’s comments on Thursday that he’ll “demand that interest rates drop immediately.” So far, the central bank has moved slowly to recalibrate policy after hiking its key benchmark 5.25 percentage points between 2022 and 2023 in an
The days of snagging a budget-friendly home in Cleveland, Milwaukee or other affordable housing hubs around the nation might be gone for good. New data from Redfin reveals home prices in some of these markets are climbing at breakneck speed, leaving locals and hopeful buyers scrambling for something within their reach. Cleveland leads the pack,
Eleganza | E+ | Getty Images It’s exciting to find a new place to rent in your neighborhood or in a new city. That is, of course, unless you get duped. In so-called rental listing scams, scammers will make up listings that aren’t available for rent or simply do not exist in order to fraudulently
Burned trees from the Palisades Fire and dust blown by winds are seen from Will Rogers State Park, with the City of Los Angeles in the background, in the Pacific Palisades neighborhood on Jan. 15, 2025 in Los Angeles, California. Apu Gomes | Getty Images Insurance premiums were surging well before this year’s massive wildfires
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