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
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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
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
The Upper West Side townhouse where young Macaulay Culkin defended himself against the “sticky bandits” in “Home Alone 2: Lost in New York” is on sale for $6.7 million. The four-bedroom, five-bathroom abode at 51 West 95th St. has been on the market for nine months – even after the sellers dropped the price from
Wealthy cowboys wanted. An enormous tract of land in Wyoming is seeking a new owner. A historic ranch founded in 1878, and thus more than a decade older than the state itself, has hit the market for $67 million. Located in the town of Meeteetse, the ranch, known as the Pitchfork, measures in at an
AURORA, CO – AUGUST 23: The crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them on one on top of the other to make a new duplex. August 23 2018. Adam Berger, a developer with his own modular home designs, has sold his first duplex in North Aurora. Now he is using
Forget underground bunkers — the $2 billion underwater superyacht may be the way to escape it all. Christian Gumpold, chief executive at the Graz-based design firm Migaloo, has been trying to sell the public on the Migaloo M5 for years. The 541-foot-long luxury submersible is capable of going 820 feet underwater and staying submerged for four
House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared to the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index. The average contract interest rate for
In a testament to the red-hot real estate market along Florida’s Panhandle, a waterfront property in Seacrest Beach has hit the market with an eye-watering price tag of $18.5 million — nearly 83% above its last sale price in December 2020. Entrepreneurs Don and Vita Felin, who acquired the property for $10.11 million that year,
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s
Experts suggest thinking about how you’ll use your home in future when considering a building project. 10’000 Hours | Digitalvision | Getty Images Extending your home or remodeling your kitchen and bathroom may be an exciting prospect but it’s worth carefully planning the design and build to manage the risks involved, according to specialists who
After nearly a year on the market and no takers for sale, Savannah Guthrie has instead rented out her downtown Manhattan residence, The Post has learned. The “Today” anchor host initially listed her four-bedroom, four-bathroom Tribeca apartment back in January for $7.1 million. Eight months later, in September, the 3,735-square-foot home received a $600,000 price
Demonstrators gather during a protest against the expiration of the eviction moratorium outside of the U.S. Capitol in Washington, D.C., U.S., on Sunday, Aug. 1, 2021. Stefanie Reynolds | Bloomberg | Getty Images Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in
Republican presidential candidate, former President Donald Trump arrives at a campaign event at the Hyatt Hotel on December 13, 2023 in Coralville, Iowa. Scott Olson | Getty Images News | Getty Images The judge presiding over the high-stakes civil business fraud trial of former President Donald Trump harshly questioned the credibility of a key expert
In a jolt to Fifth Avenue’s retail scene, the Japanese coffee company Geshary has been identified as the new owner of a boutique building at 560 Fifth Ave., shelling out $38 million for it. Sealed by the Riese Organization, the deal marks a caffeine-fueled resurgence along the famed shopping corridor — and gives caffeine addicts
There’s a Baccarat hotel on West 53rd Street. Soon, there will be a Baccarat-branded boutique office building, too. The French luxury crystal line is moving its US office headquarters from 635 Madison Avenue, where it has an elegant store, to Marx Realty’s 545 Madison Ave. — which would make the boutique property possibly the first office
One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen. “I just want to say that we’re entering the greatest real estate correction in my lifetime,” private equity fund manager Grant Cardone told “FOX & Friends” on Thursday while discussing the state of the industry. “It’s [real estate correction]
Over the last 15 years, the corner of Houston and Bowery has gone from being one of the city’s filthier corners to an internationally-regarded fresh-air gallery. The iconic slab at the crossroads, known as the Bowery wall, has displayed work from some of street art’s biggest names, including JR, Banksy and Shepard Fairey. But, recently,
Noel Hendrickson/Getty Images After a year full of record-high interest rates and home prices, experts say there are signs of improvement for the housing market in 2024. In December, the average mortgage rates dropped below 7% for the first time since August and after an 8% peak in October, which pushed housing costs to the
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