Monthly Archives: March 2022

Furnished short-term rental available

Mar 22, 2022 |

https://www.furnishedfinder.com/property/339212_1

Lottery opens for 56 rentals in Long Island City’s Dutch Kills neighborhood, from $2,556/month

Mar 22, 2022 |

Rendering courtesy of the NYC Department of Housing Preservation and Development Applications are currently being accepted for 56 middle-income apartments in Long Island City. Located at 35-05 30th Street in the micro-neighborhood of Dutch Kills, the Dutch House Apartments is a six-story building featuring a host of amenities and easy access to public transportation. New Yorkers earning […more]

Track the blooming buds and flowering trees of spring in NYC

Mar 22, 2022 |

Magnolias in Herbert Von King Park (2020). Photo courtesy of NYC Parks A reward for getting through winter, the first blooms of spring have been spotted in New York City, ushering in a new season of warmer, longer days and outdoor activities. While cherry blossoms are a definite favorite, there are a variety of flowers and trees that […more]

Centrally Located Williamsburg 2BR Asks $695K

Mar 22, 2022 |

There are plenty of reasons to love Williamsburg: its waterfront parks, cultural events, numerous shops and restaurants, proximity to Manhattan… we could go on and on. One thing we don’t love? Its price tags, which are among the highest in Brooklyn. But there are still deals in the neighborhood, if you know where to look. […more]

Probability of Eight More Rate Hikes Has Jumped

Mar 22, 2022 |

With the Federal Reserve having raised the target federal funds rate by 25 basis points (0.25 percentage points) last week, representing the first hike from a near zero rate in two years, the probability of the Fed adopting at least seven, if not eight, more quarter point hikes by the end of the year – […more]

Profit margins are plunging for nonbanks

Mar 22, 2022 |

Nonbanks and mortgage subsidiaries of chartered banks reported grim profitability figures in the fourth quarter of 2021, when costs reached a new high and margins fell to the lowest level since early 2019. And most industry observers think it will only get worse in the next few quarters.  Net gains in Q4 declined to $1,099 […more]

Tech home-flipper rides U.S. home prices after Zillow’s fumble

Mar 22, 2022 |

A few months after slowing home-price appreciation torpedoed Zillow Group Inc.’s tech-powered flipping operation, the company’s one-time rival is getting a boost from the hot U.S. housing market. Opendoor Technologies Inc., the largest of the so-called iBuyers, is listing homes for 17% more than it paid, according to data compiled by Mike DelPrete, a scholar-in-residence […more]

A Perfect Time Capsule – St. Louis Turnkey Transformation

Mar 22, 2022 |

This week’s Transformation Tuesday is from St. Louis, Missouri.  Mid-century sentiment was written all over this property, with large windows and pastel colors around every corner. Outside, a shaky addition obstructed the view of a gorgeous backyard, and the dark, cluttered basement was more of an obstacle course than a space-saver. No worries! Our team […more]

New art installation is a tranquil sanctuary in the heart of Times Square

Mar 22, 2022 |

Rendering of Raúl Cordero’s Public Art Project, The Poem. Courtesy of the artist and Times Square Arts. Take a moment to escape the hustle and bustle of the city at this new public art installation opening in Times Square. Next month, Times Square Arts will debut Raúl Cordero’s The Poem, a large-scale sculptural tower with illuminated text in its interior […more]

Maxwell adds Amy Brandt to board of directors

Mar 22, 2022 |

Digital mortgage platform Maxwell has brought on Amy Brandt to its board of directors to gain perspective on the challenges that lenders face and the gaps in the mortgage digitalization process. A veteran with two decades of experience in digital mortgage solutions, Brandt most recently served as president and CEO at First American Docutech. She […more]