Monthly Archives: March 2022

Le Creuset Just Launched Stoneware Casserole Dishes to Make Baking a Million Times Easier

Mar 23, 2022 |

The editor-loved brand does it again! READ MORE…

This global investment firm wants to become a non-QM rainmaker

Mar 23, 2022 |

Minneapolis-based CarVal Investors, a global alternative investment manager and long-time player in the mortgage market, has launched a real estate mortgage investment conduit, or REMIC, that plans to work with loan originators around the country to develop and acquire innovative nonagency mortgage products. The new REMIC, Mill City Loan Holdings LLC, will serve as a […more]

Homepoint to jump into the non-QM market

Mar 23, 2022 |

Houses Add Homepoint to the list of lenders entering the non-QM market in 2022 amid a fall in origination volume.  The wholesale lender is preparing to launch two non-qualified mortgage products this year, including bank statement and investor cash flow loans. “We’re currently in the process of assessing our entry point into non-QM loans. Our team has […more]

Bay Area Unemployment Claims Near Pre-Pandemic Levels

Mar 23, 2022 |

While the number of new unemployment claims filed across the Bay Area inched up in January to 36,803, which was still 24 percent higher than in January of 2020, prior to the pandemic having hit the local economy, the number of new claims filed in February dropped to 26,414, which was the fewest new monthly […more]

Updated Windsor Terrace Row House With Solar, Loft-Like English Basement Asks $3.395 Million

Mar 23, 2022 |

This early 20th century Windsor Terrace brick row house has gotten an interior makeover that still retains some original details while providing an impressive amount of work and play space in the spacious English basement. At 230 Windsor Place, it is located just a short stroll from Prospect Park. Originally constructed… Read More > The […more]

Abandoned Art Deco gem Metro Theater to return to the UWS as multi-screen cinema

Mar 23, 2022 |

Photo by Enniferj on Wikimedia An 89-year-old Art-Deco movie theater that has sat vacant on the Upper West Side for years has finally been purchased and will be restored to its former glory. The landmarked Metro Theater, abandoned since 2005, was purchased by an unidentified buyer from California who intends to change it into a restaurant theater in which patrons […more]

Ginnie Mae announces the addition of two senior staffers

Mar 23, 2022 |

Ginnie Mae recently filled two executive roles, naming Sam Valverde as its first Hispanic executive vice president and Felecia Rotellini as senior advisor and chief of staff to the president. Alanna McCargo, president of Ginnie Mae, announced the appointments during the National Association of Hispanic Real Estate Professionals conference that took place in Washington D.C. last […more]

Apply Now for Greenpoint Affordable Housing Lottery With Luxury Two-Bedrooms Under $2,000

Mar 23, 2022 |

Interested in living in a rent-stabilized brand-new building near the Greenpoint waterfront for less than $2,000 a month? Check out 23 West Street, a 14-story luxury building where 205 affordable units are available through NYC Housing Connect to households earning between $54,960 and $103,120 annually. Apartments feature open kitchens with state-of-the-art appliances,… Read More > […more]

Two Years After Start of Pandemic, NYC Home Shopping Season Returns in Full Force

Mar 23, 2022 |

Spring home shopping season is around the corner, and with heightened demand and fewer listings available on the market, it’s set to be a competitive one for prospective buyers. The good news is that inventory is coming back onto the market, which should ease some of the pressure homebuyers are feeling.  In February, 4,078 sellers […more]

What Is For Rent by Owner (FRBO)?

Mar 23, 2022 |

In NYC, landlords and management companies aren’t the only ones renting out units. Owners are jumping in on the market too. But hiring a broker to list the unit can be costly. So, they might consider going it alone and listing the apartment as “For Rent By Owner,” which is often referred to as FRBO. […more]