Iuliia Isaieva | Moment | Getty Images Homeowners are sitting on$17 trillion in equity as of the end of the first quarter of 2024, according to CoreLogic. The average homeowner gained $28,000 in equity compared to a year earlier. For many people, there’s no need to touch that money. Home equity is “not like bread,”
For Gen Zers and millennials, sex sells out for homeownership. Gen Z is happy to give up sex if it means meeting this one huge life goal. Overall, more than a quarter of Brits would forgo sex for a whole year if it meant they’d finally have enough money to put down a deposit on
The U.S. economy has remained remarkably strong even amid persistent inflation and high interest rates. And yet, 59% of Americans falsely believe that the U.S. is currently in a recession, according to a recent survey of 2,000 adults by Affirm in June. Citing higher costs and difficulty making ends meet, most respondents said they think
An office building once owned by John Jay Astor has sold for the first time in 82 years. Jay Properties bought 8 W. 38th St. from the Felder family for $35 million, or $250 per square foot. MIdtown office building once owned by John Jay Astor was recently sold for $35 million. Handout The buyer
Brandi Schmitt and her family pose for a 2018 Christmas card in front of their Maryland home wearing protective gear, alluding to the water and mold damage in their home. Each year, Schmitt said they try to capture the family’s situation through their Christmas card. Courtesy: Brandi Schmitt When a nor’easter struck in 2018, intense
The cities of the future may take the charge in progress for a very unexpected reason — with skylines doubling as massive energy storage units. And the idea? Not solar panels and wind turbines — think giant battery blocks lifted to the heavens and dropped back down to keep the lights on. Skidmore, Owings &
Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images With the major party tickets finalized, many voters are watching the candidates for personal finance policy that could impact their wallets. Vice President Kamala Harris this week unveiled her running mate, Minnesota Gov. Tim
When you’re a billionaire, it’s not just about living large — it’s about surviving the apocalypse in style. Gone are the days when a panic room in the basement was enough to calm the nerves of the world’s elite. Now, the ultra-wealthy are turning their palatial homes into state-of-the-art fortresses, complete with all the bells
Jillian Lovato loved living in Orange County, CA, but she hated the area’s high home prices. “My wife Jamie and I knew we wouldn’t be able to buy the home we wanted in California,” Jillian explains. “We felt like we would have been stuck renting our whole lives.” So in 2021, they decided to move to
Lionel Messi’s luxurious Ibiza mansion was the target of a shocking vandalism attack by the radical Spanish climate activist group Futuro Vegetal, according to reports. The group managed to breach the football star’s lavish property, covering it in red and black paint, and unfurling a banner outside its entry that read: “Help the planet, eat
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners. Total mortgage application volume rose 6.9% last
New York City’s most expensive neighborhood just got even pricier. That’s according to a new study from real-estate data portal PropertyShark, which has crowned Hudson Yards on Manhattan’s far west side for the top spot with a median home sale price of $7.5 million. For nearly five years, this district — known for its shops,
The secret to a long, healthy life is just 65 miles southwest of Manhattan. Rural Hunterdon County in western New Jersey has been named the fourth-best community in the nation for health outcomes, a metric that takes into account the number of adults in poor health and life expectancy. The rolling countryside that served as the
While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ 960,000 square-foot 498 Seventh Ave. to 95% occupied. Public technology firm PubMatic, Inc., signed a 60,000 square-foot direct lease. The company, which was a subtenant will roughly double its space in the first quarter of 2025.
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