Just two years after Brooke Shields unloaded her longtime Los Angeles estate for $7.4 million, the residence is back up for grabs for $8.65 million, The Post has learned. The actress and model purchased the property in 1997 for $3.24 million with her then-husband, tennis great Andre Agassi. In 2022, Shields sold the 5,300-plus-square-foot residence
Wall street analysts feel good about one of our retail stocks but apprehensive about another. The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The research firm also increased its 12-month price target to $455 per share from $360, implying
Casa Encantada, touted as the most expensive residence in Los Angeles and in California overall, just received a significant price cut — dropping from an eye-watering $195 million to $165 million, according to a release from the listing brokerage. News of the discount was first reported by Mansion Global. But don’t call it a bargain
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced it will lower its benchmark rate bya quarter point, or 25 basis points, days after President-elect Donald Trump won the 2024 election. Economic uncertainty was a prevailing mood heading into Election Day after a prolonged period of high inflation left many
A ballot question that would have eliminated property taxes in North Dakota was soundly defeated on Tuesday after critics argued the step would have gutted funding for essential services. Measure 4, which would have made North Dakota the first state in the nation without any property taxes, was one of nearly a dozen statewide ballot questions
An “Open House” flag is seen in front of a home for sale in Alhambra, California, on Jan. 18, 2024. Frederic J. Brown | AFP | Getty Images Mortgage rates rose again last week, pulling demand from both the refinance and purchase markets. Total mortgage application volume dropped 10.8% compared to the previous week, according
In this article PHM DHI LEN Follow your favorite stocksCREATE FREE ACCOUNT Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images President-elect Donald Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are
It’s a fashionable buy — and a purchase so large, it’s making waves across the pond. Bloomberg reports that the American billionaire fashion designer Tom Ford has shelled out $104 million for a mansion in London, marking the most expensive deal for a home in the United Kingdom this year. Not much is known about
Period red-brick home rooftops in a suburb overlooking London’s financial district. Oversnap | E+ | Getty Images LONDON — Britons are facing the prospect of higher mortgage rates for longer after the government’s tax-and-spend budget threw off expectations for a series of near-term interest rate cuts. The Bank of England is widely expected to cut
Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high of 38 years old — three years older than in July 2023, according to the National Association of Realtors’ 2024 Profile of Home Buyers and Sellers report. This summer, NAR polled 5,390 buyers
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap
This 31.8-acre Connecticut estate comes with a grand A-list history — and now it’s in the hands of some new owners. Golden Globe-winning actor Richard Gere has just sold the New Canaan property he purchased two years ago from multi-Grammy-winning singer and songwriter Paul Simon, reports the New Canaan Advertiser. The deal appears to have
milan2099 | E+ | Getty Images When it comes to retirement, we all want to have the most income possible. But exactly how to achieve that goal is confounding question for most people. In her new book, “How to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirement,” Christine Benz, director of personal finance
The biggest relocation lease of October was private equity powerhouse TPG’s move to eight high floors in Tishman Speyer’s Spiral, aka 66 Hudson Boulevard. Its 301,276 square feet was runner-up in size only to Bloomberg’s 749,000 square feet at 919 Third Ave. that was mostly expansion space at the same location. TPG will move from 888
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