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News Ticker
  • [ September 19, 2023 ] Ahoy, New York’s most unique real estate deal: James Franco houseboat lists for $250K New York Post
  • [ September 19, 2023 ] This Hamptons home is asking $3.2M — after selling for $2.6M in June New York Post
  • [ September 19, 2023 ] Influencer Natasha Oakley’s California home lists for $1.9M New York Post
  • [ September 19, 2023 ] Richard Burton’s London love nest with Elizabeth Taylor hits market for $9.8M New York Post
  • [ September 19, 2023 ] NJ real estate swindler gets 24-month stretch for $400K ripoff New York Post
HomeAuthorsMariel Alumit

Articles by Mariel Alumit

New York Post

Ahoy, New York’s most unique real estate deal: James Franco houseboat lists for $250K

September 19, 2023 Mariel Alumit 0

New York City’s real estate market is known for its sky-high prices and unattainable dreams, but there’s a new player in town that’s turning the tide — and quite literally, to boot. Meet the James […]

New York Post

This Hamptons home is asking $3.2M — after selling for $2.6M in June

September 19, 2023 Mariel Alumit 0

Interior designer/hotelier Tracy Turco and her husband Jerry, a real estate developer, are flipping their Sag Harbor home for $3.2 million — after buying it for $2.6 million in June. The four-bedroom, 4½-bath home at […]

New York Post

Influencer Natasha Oakley’s California home lists for $1.9M

September 19, 2023 Mariel Alumit 0

This influencer-worthy Santa Monica abode is seeking a new owner.  Swimwear company CEO and social media celebrity Natasha Oakley has put her Southern California condo on the market. The just under 2,000-square-foot two-bedroom, two-bathroom spread […]

New York Post

Richard Burton’s London love nest with Elizabeth Taylor hits market for $9.8M

September 19, 2023 Mariel Alumit 0

The former London love nest of legendary Hollywood heartthrob Richard Burton, known for his passionate affair with Elizabeth Taylor, is up for grabs asking $9.8 million. The residence on Lyndhurst Road in the heart of […]

New York Post

NJ real estate swindler gets 24-month stretch for $400K ripoff

September 19, 2023 Mariel Alumit 0

In a surprising case of real estate fraud, a Hudson County, New Jersey, wheeler-dealer has been handed a hefty 24-month sentence for his part in a home equity line of credit (HELOC) scam, which ended […]

New York Post

Never-before-sold midcentury gem in California lists for $8.8M

September 19, 2023 Mariel Alumit 0

For the first time in its 60 years overlooking Moonlight Beach in Encinitas, California, this homemade home is set to hit the market for a new generation of owners.  Uniquely located atop a manmade bluff, […]

New York Post

WeWork faces $30M lawsuit as DivcoWest demands full payment amid bankruptcy threat

September 19, 2023 Mariel Alumit 0

In a high-stakes showdown between co-working giant WeWork and powerhouse landlord DivcoWest, the battle for millions is set to unfold on the streets of Manhattan. As WeWork teeters on the brink of bankruptcy, DivcoWest has […]

Housing Wire

Opinion: Beware of the hidden losses of real estate mergers and acquisitions

September 19, 2023 Mariel Alumit 0

As someone who worked for a large, nationally branded brokerage for 30+ years, I had a front-row seat to many mergers and acquisitions. I would love to say they all went well, but they didn’t. […]

Housing Wire

The market outlook may be unclear, but lender challenges cannot get clearer

September 19, 2023 Mariel Alumit 0

One of the challenges in discussing what the mortgage industry needs to do next is figuring out what’s actually coming next. In August, when interest rates topped 7% for the first time in 22 years, […]

Housing Wire

Downside risk to home sales is limited despite 7% rates: Fannie Mae

September 19, 2023 Mariel Alumit 0

The housing market faces renewed headwinds with mortgage rates settling above 7%. Still, the downside risk to home sales is limited as more sales are being driven by life events, according to Fannie Mae’s Economic […]

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U.S. Market

Federal
Housing Wire

Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

August 24, 2023 Comments Off on Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed. The […]

Mortage News

New Home Sales Benefit from Inventory Issues

August 24, 2023 Comments Off on New Home Sales Benefit from Inventory Issues

Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales.  July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]

inflation
Economy

Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

August 23, 2023 Comments Off on Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

NEW YORK, Aug 23 (Reuters) – A recent spike in U.S. bond yields has come alongside muted expectations for inflation, a sign to some bond fund managers that economic resilience and high bond supply are […]

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