Having ticked up last week from a two-year low, mortgage loan application volumes to either purchase or refinance a home in the U.S. have slipped a percent on both a seasonally adjusted and absolute basis, with purchase activity down 8 percent on a year-over-year basis and applications to refinance down 49 percent, according to data […more]
Do you have your finger on the pulse of the real estate market? Predictions may be tough to make, but preparations are not. Here’s what you need to know going into the Spring real estate market!
Photo by Daryan Shamkhali on Unsplash New York on Tuesday received an additional $119 million in rent-relief funds from the U.S. Treasury Department, a fraction of the $1.6 billion requested by Gov. Kathy Hochul in January. Hochul’s office estimated 8,500 pending applications for rent relief will be fulfilled with this new funding, as Crain’s reported. This is the […more]
Editor’s note: Welcome to the fourth installment of This Ugly House, a reader renovation diary. We’re excited to publish this tale of a hands-on renovation of a wood-frame house in Bed Stuy. See the first one here. The author also blogs at www.thisuglyhousenyc.com. The thing I learned through gut renovating a… Read More > The […more]
Cyberattacks are on the rise in recent weeks, as sanctions on Russia push its economy to the breaking point, and mortgage lenders may have unique vulnerabilities. Cybersecurity experts said in interviews that in the past couple of weeks, cyberattacks targeting the financial sector, that are in part traced back to Russia, have been more elevated […more]
All photos by Eitan Gamliely for Sotheby’s International Realty What’s old is new again at this totally renovated corner apartment in the center of Harlem. On the 27th floor of the high-rise condominium at 1485 Fifth Avenue, this three-bedroom home is currently a showcase of antiques and artwork. Custom built-in lighted shelving throughout the apartment displays […more]
A bungalow in Great Barrington, a two-bedroom cottage in Washington and a 1955 ranch house in Little Rock.
The city kicked off over $100 million in repairs, renovations and upgrades for Brooklyn parks over the weekend, in what Mayor Eric Adams is calling a “major milestone in our recovery” from the Covid-19 pandemic. A whopping 104 projects citywide, totaling $417 million in capital investment, got the ball rolling on… Read More > The […more]
California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Parvesh Sahi, senior vice […more]
In the News Global Economy Sinks Deeper Into Turmoil as Fed Prepares to Raise Rates [NYT] Isla & Co. Opens in Williamsburg [NYT] Legal Aid Society Sues Its Own Brooklyn Landlord for Moldy Office [amNY] What Can Be Done About the Intersection of Atlantic and Flatbush? [BK Reader] Apolline’s Garden Greenlit, in Memory of Baby… […more]