We spend a lot of time in mortgage lending talking about income. How much does the borrower earn? What is the debt-to-income ratio? How much of a monthly payment can the household reasonably carry? What happens to purchasing power when the mortgage rate moves another...
The $43 million sale of a 31.5-acre waterfront estate on Martha’s Vineyard has set a new record for the most expensive property sale in Massachusetts. The Wall Street Journal reports the sale came at a discount – Boston-based tech entrepreneur and investor Michael...
Joy Behar has sold her longtime Hamptons home for $5.65 million after nearly two years on the market with an initial listing of $10.95 million. Realtor.com reports the 83-year-old star of “The View” first put the property up for sale in November 2024. Since then, the...
New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à-terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
