Manhattan job losses in Q3 worst of any large...
by By Orion Jones on 2021-02-24 at 11:45 PM
The average wage that workers earned in the third quarter of 2020 rose 7.4 percent from the previous year — a troubling sign for low-wage earners, and the job market as a whole. According to the latest report from the Bureau of Labor Statistics, the number of people employed dipped by nearly 7 percent year-over-year, hitting 138.5 million at the end of the third quarter. Employment […]
Bal Harbour Shops owner upgrades to oceanfront...
by By Katherine Kallergis on 2021-02-24 at 11:15 PM
Bal Harbour Shops owner Matthew Whitman Lazenby went shopping for a new home and found one in the Altos del Mar neighborhood of Miami Beach. Lazenby sold his waterfront home in Miami Beach’s Lakeview neighborhood for $12.4 million and purchased the oceanfront Altos Del Mar estate for $17.3 million, The Real Deal has learned. Lazenby did not respond to a request for comment. Lazenby, […]
Powell sees new opportunity to reform low-income...
by By Keith Larsen on 2021-02-24 at 11:05 PM
In September, an effort to update a rule encouraging lending in low-income communities turned into a faceoff among three major banking regulators with oversight on the matter. The Federal Reserve’s proposed overhaul of the Community Reinvestment Act called on banks to provide more loans to individuals in low- and moderate-income neighborhoods. That bumped up against the Office of the […]
How Much Leverage Do Today’s House Sellers Have?
by KCM Crew on 2021-02-24 at 11:00 AM
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory
The Reason Mortgage Rates Are Projected to...
by KCM Crew on 2021-02-23 at 11:00 AM
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low
Where Have All the Houses Gone?
by KCM Crew on 2021-02-22 at 11:00 AM
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage
Weichert Realtors Host Marrow Donor Registry...
on 2021-02-25 at 5:33 AM
Weichert Realtors Host Marrow Donor Registry Event on February 27 Parsippany Focus
Tip and tricks from Phoenix realtor experts to...
on 2021-02-25 at 5:29 AM
Tip and tricks from Phoenix realtor experts to sell your home for top dollar 12news.com KPNX
New realtors having a hard time in booming market...
on 2021-02-24 at 11:29 PM
New realtors having a hard time in booming market Fox 4