High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
Check out these bee-youtiful digs. The rooftop of one well-respected Chelsea exhibition space is known for its striking works of contemporary sculpture — now, it’s home to five lucky hives of bees, too. The Kasmin Gallery’s sweet setup first came about during the pandemic, after staff returned to the 5,000-square-foot open-air oasis above 509 West
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023. Fatih Akta | Anadolu Agency | Getty Images Donald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the $250 million civil business fraud case
Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
Terry Bradshaw — the iconic NFL Hall of Famer and Fox Sports analyst — has bid farewell to his sprawling 744-acre ranch, marking the end of an era following years of health challenges. The transaction was facilitated by Icon Global Group, a renowned Dallas-based firm, which officially disclosed the sale in a news release last week. Nestled
A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building 400,000 new homes a year, even before he become chancellor. Fast forward two years, and German housebuilding looks like it’s collapsing, putting pressure on both
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 The average rate on the 30-year mortgage fell 18 basis points to 7.40% on Tuesday, according to Mortgage News Daily, as Wall Street lowered its
Sweets are out, shades and shutters are in at 1011 Third Avenue at East 60th Street. Canadian-based interior products chain Blinds to Go just signed a lease to replace Dylan’s Candy Bar, which closed two years ago. The 15-year deal is notable due to its size (more than 11,000 square feet on three levels) and prime
Former U.S. President Donald Trump’s son and co-defendant, Donald Trump Jr. attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough on November 2, 2023 in New York City. Shannon Stapleton | Getty Images Donald Trump Jr. is expected to return to the witness stand Monday as the
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a house these days. On top of soaring home prices, 30-year fixed mortgage rates have been hovering near the highest level
Lever House, the 390 Park Ave. masterpiece that first brought curtain-wall design to commercial New York in 1952, is back in business after a two-year closure and $100 million redevelopment. The project by owners Brookfield and WatermanCLARK is no routine restoration, but a revelation to those who’ve walked by a thousand times and never knew what
This fashion mogul is once again trying to offload his lakefront estate. Tommy Hilfiger, founder of the eponymous design company, has put his Mediterranean-style Florida mansion back on the market, Mansion Global first reported. Hilfiger, 72, and his wife, the designer and former model Dee Ocleppo, 56, first tried to sell the 5,000-plus-square-foot property this
It’s not quite into the woods. Located in Connecticut, this home has a storied history. For nearly 40 years, the late “Gypsy,” “Follies,” and ‘”A Funny Thing Happened on the Way to the Forum” composer Stephen Sondheim called this Roxbury, Connecticut residence his home. And now, some two years after his death, it’s looking for
Chair of the House Republican Conference Rep. Elise Stefanik (R-NY) speaks during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a
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