Brooklyn Nets star center Nic Claxton has been spotted house hunting in Red Hook, we hear. One spot Claxton — who has been fighting a “long term” back injury — toured was a new-development townhouse asking $4.49 million. The five-story modern property at 98 Coffey St. in Brooklyn is 3,976 square feet. Built in 2023,
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or
Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for
Blackcat | E+ | Getty Images It’s no secret that homeowners often have higher net-worth than renters. But while renters face unique affordability challenges, there are still steps they can take to improve their financial standing. In 2022, the typical renter in the U.S. had a median net worth of $10,400, according to a new
A classic Edwardian home in San Francisco‘s Russian Hill with timeless character has been snapped up for $488,000 by a savvy homebuyer. The unusually low price is far less than half of the city’s $1.2 million median list price and an even smaller portion of the property’s estimated $1.4 million value. Though the home might seem like a
Steiner NYC, the company that created the Hollywood-inspired Steiner Studios for film and television production, has refinanced another crucial component of the Brooklyn Navy Yard. The $148.5 million bridge loan from Deutsche Bank is for Admirals Row, the 8-acre, 696,000 square-foot mixed-use complex that’s home to Wegmans and to 350,000 square feet of light industrial
Republicans are suddenly more optimistic about the housing market after Donald Trump‘s presidential election win, while Democrats grow less so, according to a new survey commissioned by Realtor.com®. Roughly 1 in 5 Republicans say they are now more likely to buy a home as a result of the election, while 24% of Democrats say they are now less
A home with a “Sold” sign from a real estate company in North Patchogue, New York. Steve Pfost | Newsday | Getty Images A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales of previously owned homes last month rose 3.4% from September to a seasonally adjusted,
We’re selling 165 shares of Best Buy at roughly $86 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 600 shares of BBY, decreasing its weighting to about 1.5% from 1.9%. Best Buy shares have been on a steady decline since October on concerns about electronic retail sales and the potential for higher tariffs
Single-family homes in a residential neighborhood in San Marcos, Texas. Jordan Vonderhaar | Bloomberg | Getty Images After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week. Total application volume climbed 1.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Supermodel Cara Delevingne has sold her fire-ravaged Los Angeles mansion for $4.6 million—six months after the property was destroyed in an enormous blaze. Property records indicate that the Studio City, CA, mansion, which Delevingne purchased for $7 million back in 2019, was sold in an off-market deal on Sept. 17 via an LLC. Images of the four-bedroom, six-bathroom home taken just
New Mindset hoodies and tees out now: https://fullyaligned.shop/ Available until June 1st. Subscribe for more videos: @ThachNguyen Thank you for watching! About this episode: Discover how to invest in real estate as a beginner with $50,000. Thach shares his strategy, focusing on buying a fourplex in a B or C neighborhood. By using a 5%
This statement home in Georgia is now listed for a just-as-statement sum — but its design alone wasn’t always enjoyed by locals. On Sea Island, a contemporary structure that stands apart from the neighboring Mediterranean-style residences aims to fetch $40 million, according to the Wall Street Journal, which makes it among the most expensive in
It’s build-or-bolt time for BXP on Madison Avenue. The developer is itching to build a skyscraper at 343 Madison between East 44th and 45th streets, which is currently a block-long, empty lot owned by the MTA. But it needs an anchor tenant before the striking, 46-story, 950,000 square-foot tower — designed by Kohn Pedersen Fox
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