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Sticky mortgage rates and rising inflation fueled by the Iran war are testing the limits of the spring housing market’s resilience, but there is a silver lining for buyers as home prices in May experienced their steepest annual drop in at least nine years. The national median listing price has been falling for seven consecutiveRead …
Home Prices Post Sharpest Drop in Nine Years as Sellers Face Reality Check Read More »
Managed ByEquity Residential New – 2 hours ago 1/44 $3,601/mo – bed – bath – 503 square feet sqft 111 Lawrence Street 111 Lawrence St Apt 40C, Brooklyn, NY 11201 Scenic viewsParking garageFitness centrePet friendlyHardwood floorsElevator – Property type Condos – Last verified Today – Availability – Learn more Request a tour Start by selectingRead …
Connecticut will become the latest state to impose restrictions on private listings, with a new law requiring public marketing of residential real estate. Gov. Ned Lamont signed SB 340 on May 27. The bill requires residential properties of up to four units to be openly marketed and publicly accessible to a multiple listing service orRead …
Connecticut Becomes Latest State To Restrict Private Listings Read More »
The notification comes through in seconds. A few taps on your phone, and the money is gone—your mom’s electric bill, your kid’s school supplies, groceries for a parent on a fixed income, all paid for. It barely registers as a financial decision. That’s the point of apps like Venmo and Zelle. But when you sitRead …
The Venmo Problem: Why Informal Payments May Be Hurting Your Mortgage Application Read More »
There is a way to buy a New York City apartment for less than $10,000—and that is not mistakenly leaving out two zeroes. Nor is this a rental. This is homeownership—an actual Big Apple apartment for less money than it would take to buy a small plot of land in the middle of nowhere. TheRead …
A $10K Co-Op in New York City? Yes, With a Few Caveats Read More »
Sporting superstar Serena Williams is making her official comeback to professional tennis later this month—nearly four years after she bowed out of the sport with what was thought to be her final appearance at the U.S. Open in New York. Williams, 44, revealed on June 1 that she has accepted a wild-card invitation to playRead …
The cruelest part of the Great Wealth Transfer may be its timing. An estimated $124 trillion will pass between generations through 2048. But by then, even the youngest millennials—one of the generations expected to inherit the most—will be 52. The oldest will be 67. That may be early enough to cushion retirement, but decades tooRead …
Millennials May Inherit Trillions-but Too Late To Buy Homes or Build Wealth Read More »
Almost 60% of young adults have moved back home at some point, but they don’t see it as a failure to launch. They see it as financially savvy. That the path to full independent living is increasingly an ongoing process, strewn with periods of moving out and then back in, is the conclusion of aRead …
More Than Half of Young Adults Have Moved Back Home After Leaving Read More »
Former hockey pro Wayne Gretzky has sold the enormous Florida mansion he bought from his son-in-law, golfer Dustin Johnson, for a very hefty profit—offloading the elegant waterfront abode for $6.42 million. Gretzky, 65, who spent 20 years playing in the NHL, bought the extraordinary dwelling from Johnson, who is married to the hockey star’s supermodelRead …
San Diego City Council members are pushing to cut nearly $3.8 million from the city’s homeless shelter and safe parking programs—a move that would shutter the Lighthouse Interim Shelter and reduce beds at the 16th & Newton Bridge Shelter. The Most Dangerous Move You Can Make With Your 401(k) To Put Your Mortgage at RiskRead …
San Diego Council Members Push to Cut Millions from Homelessness Programs Read More »
