A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images Mortgage rates didn’t move much last week, and for the second week in a row, neither did mortgage demand. Potential buyers are handcuffed by exorbitant costs and low supply, and current homeowners have little to no incentive
Scott Gottlieb was making $365,000 a year from Pfizer! Shame!
Generate a website for any business in 30 seconds for FREE — https://bit.ly/upflipdurable1 Christian and Cody started investing in real estate to gain financial freedom and help themselves and their loved ones break free of the rat race. To date, they’ve bought more than $25 million worth of property, generating a gross revenue of nearly
The Spring housing market is defying expectations that prices would cool and competition would ease. Higher mortgage rates usually cool both prices and demand, as they did last year, but that’s not the case now. There are still too few homes for sale because current homeowners can’t afford to move, and it’s keeping prices high.
Brooklyn’s tallest building is struggling to pay its skyscraping loans. Michael Stern, the developer of 9 DeKalb Avenue’s 93-story The Brooklyn Tower, has defaulted on a $240 million mezzanine loan and now faces foreclosure, the Real Deal has reported. A UCC foreclosure auction has been scheduled for Jun. 10 by Silverstein Capital Partners, which issued
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT 10’000 Hours | Digitalvision | Getty Images Housing costs are outpacing median household incomes in the U.S., further straining affordability. Would-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. That is 35% more than what the typical household
A-list couple Jennifer Lopez and Ben Affleck are back in the Big Apple — and spending time together house hunting on the Upper East Side, sources tell Gimme Shelter. One of the spots they toured was a family-size townhouse at 226 E. 68th St. that’s asking a cool $45,000 a month. Another residence they saw
The Downtown office market is in even worse shape than widely reported data indicate, according to several major dealmakers. One of them, an industry legend not given to doom-and-gloom scenarios, told us that huge amounts of space are quietly up for sublease even at the World Trade Center and Brookfield Place – Lower Manhattan’s best-performing
Glades County is one of Florida’s sparsest locales, a rural expanse with 12,000 residents, two firefighters and no major grocery store. It’s there that Jeff Akerman is springing to life a religious Jewish community of 1,300 homes — the next Williamsburg, Brooklyn, but on Lake Okeechobee. The novel project — planned with two synagogues and
As a divorce lawyer, Julie Hyman deals with non-stop acrimony. “I have a high tolerance for crap,” she said. “I do high-conflict divorces and custody battles for a living.” When it comes to a certain Bronx apartment she owns, however, she has reached her breaking point. Last week, Hyman ran a full-page ad in the
The central Paris apartment of late “kaiser” of fashion Karl Lagerfeld now has a new owner. Located on the third floor of a building overlooking both the Seine and the Louvre, the unit sold for $10.81 million at an auction held at the Chamber of Commerce and Industry of Paris on Tuesday, the New York
Ascentxmedia | E+ | Getty Images Rent prices for one- and two-bedroom apartments grew in March for the first time in six months. The monthly cost for a one-bedroom apartment across the U.S. bumped up to $1,487, a 0.3% increase from February. The price of a typical two-bedroom apartment also jumped 0.5% to $1,847,
Wall Street South execs are moving north — but only a few miles. And they’re not alone, as many house hunters on this end of Florida look to the under-the-radar Palm Beach Gardens — just 12 miles north of Palm Beach, which offers more space and less of a hustle. As The Post reported in
Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010. Emmanuel Dunand | AFP | Getty Images Federal prosecutors on Tuesday sued to seize two New York City apartments worth $14 million that were allegedly bought with proceeds from a corrupt scheme involving Mongolia’s
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