The Federal Reserve‘s effort to bring down inflation has so far been successful, a rare feat in economic history. The central bank signaled in its latest economic projections that it will cut interest rates in 2024 even with the economy still growing, which would be the sought-after path to a “soft landing,” where inflation returns to the Fed’s
A “For Sale” sign sits in front of a new home May 27, 2004 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand ended 2023 on a sour note, despite a sharp drop in mortgage interest rates during December. Total application volume was down 9.4% for the week ended Dec. 29, compared with two
All aboard this tiny house on wheels! In the Wisconsin resort town of Lake Geneva, a quaint converted rail car is looking for a new permanent passenger. Made up of three remodeled cabooses for a total of 960 square feet of living space, the unique abode is currently seeking $125,000 for sale. “Tiny house alert!
Another major law firm lease just got signed on midtown Sixth Avenue that’s good news for Vornado Realty Trust and a rare, narrow ray of light for the embattled Trump Organization. National law firm King & Spalding, a tenant at SL Green’s 1185 Sixth Ave. at West 47th Street for two decades, is moving six
Although Fifth Avenue in Midtown reigns as the world’s priciest-to-rent shopping corridor with sidewalk-level stores charging $2,000 per square foot, according to Cushman & Wakefield, there soon might not be anywhere left to rent. That’s because retailers are rapidly buying the buildings that are home to their glamorous stores. It happened again this week with news
Joan Rivers’ iconic New York City penthouse, which she staunchly believed was haunted, has been pulled from the market after nearly three years without finding a buyer, The Post has learned. This decision follows a jaw-dropping $3.5 million price cut four months ago, signaling a struggle to entice potential purchasers into this opulent Versailles-inspired penthouse.
New York Jets quarterback Aaron Rodgers seems unwilling to part ways with his beloved Wisconsin abode despite acquiring a lavish estate in New Jersey, The Post can exclusively reveal. Amid his recent move to the Jets, Rodgers, currently sidelined due to injury, has no immediate plans to offload his long-time Wisconsin property, a source close
The luxurious Surfside, Florida condo that NFL legend Tom Brady rented, and just vacated, has hit the market for $15.9 million. The seven-time Super Bowl champion’s spread, which he moved out of in September, is in the upscale Fendi Chateau Residences tower, offering a glimpse into the high-life Brady enjoyed during his stay. Brady took
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is based on signed contracts during the month, is a forward-looking indicator of closed sales as well as the most current look at what potential homebuyers are
The Biden family’s annual St. Croix vacation has stirred controversy as the villa they’re staying in, valued at $3 million, has been publicly listed on Airbnb — leveraging the president’s own name to attract renters. The private seaside haven known as the Two Palms Villa, where the Bidens are currently staying to ring in 2024,
In Wisconsin, a humble abode for sale promises not just a dwelling, but a chance to reside steps from the hallowed grounds of Lambeau Field, home of the Green Bay Packers. Indeed, just a stone’s throw from the team’s stadium, a modest four-bedroom, two-bathroom house has listed for $699,900. With a view of the stadium,
A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty
A disturbing revelation has emerged from a recent study published in the esteemed journal Social Science & Medicine: a grim correlation between unaffordable housing costs and premature death. Researchers from Princeton University, in collaboration with the US Census Bureau’s Center for Economics Studies, uncovered the startling trend that sheds light on the life-threatening consequences of
In a subtle move, Nikki Haley, currently vying for the Republican presidential ticket and trailing former President Donald Trump in recent primary polls, quietly spent $2.4 million for a waterfront estate on Kiawah Island, South Carolina. The 51-year-old political figure, previously the US ambassador to the United Nations, procured the residence in October 2019, following
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