The U.S. housing market, along with other segments of the economy, may already be in a recession because the Federal Reserve has not been aggressive enough cutting interest rates, Treasury Secretary Scott Bessent said Sunday. “I think that we are in good shape, but I think that there are sectors of the economy that are … Read more
All eyes are on the Nov. 4 election to decide who will be the next mayor of New York City. The election is on the minds of city residents, investors, and visitors alike—and the common thread is housing. “If you just look even at politics, everything comes down to real estate,” Suzanne Miller, real estate … Read more
The government-backed mortgage giant Fannie Mae is suing multiple home warranty providers, accusing them of misusing its service mark in “fraudulent” mailers sent to borrowers urging them to buy their products. Fannie Mae, whose congressionally-mandated mission is to purchase mortgages from lenders and bundle them into securities for investors to boost the availability of funds … Read more
When Dubravka Wahl first laid eyes on her unique Florida home in 2023, she instantly fell in love. Not just with the prime beachfront location and double-lot property—but with the unique pirate-inspired architecture that lent the property its signature Keys feel. “It was absolutely gorgeous,” she recalls of the $2 million home, which is suitably … Read more