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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Bronx
New York Post

I bought a Bronx model apartment and nothing worked: ‘I am in an abusive relationship with my building’

April 1, 2024 Mariel Alumit Comments Off on I bought a Bronx model apartment and nothing worked: ‘I am in an abusive relationship with my building’

  As a divorce lawyer, Julie Hyman deals with non-stop acrimony. “I have a high tolerance for crap,” she said. “I do high-conflict divorces and custody battles for a living.” When it comes to a […]

Sean ‘Diddy’ Combs
New York Post

Sean ‘Diddy’ Combs owes nearly $100M in mortgages on luxury LA, Miami  mansions raided by feds: report

April 1, 2024 Mariel Alumit Comments Off on Sean ‘Diddy’ Combs owes nearly $100M in mortgages on luxury LA, Miami  mansions raided by feds: report

  Sean “Diddy” Combs owes nearly $100 million in mortgage payments on a trio of mansions in Los Angeles and Miami that were raided by federal agents this week, according to a report. The embattled […]

Austin
Housing Wire

While the Austin housing market isn’t sizzling, agents say it is still warm

April 1, 2024 Mariel Alumit Comments Off on While the Austin housing market isn’t sizzling, agents say it is still warm

​ It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. But like the temperatures, which are far from the triple-digit figures the […]

Downtown
New York Post

Lower Manhattan office space ‘tours’ on the rise despite Downtown’s struggling properties

April 1, 2024 Mariel Alumit Comments Off on Lower Manhattan office space ‘tours’ on the rise despite Downtown’s struggling properties

The Downtown office market is in even worse shape than widely reported data indicate, according to several major dealmakers. One of them, an industry legend not given to doom-and-gloom scenarios, told us that huge amounts […]

active inventory
Housing Wire

Weekly active inventory growth still too slow

April 1, 2024 Mariel Alumit Comments Off on Weekly active inventory growth still too slow

​ The best housing story in 2024 is that inventory is growing — both active inventory and new listings. With mortgage rates at the current levels, inventory is still below my expectations, but it’s still […]

CMLS
Housing Wire

CMLS looks to weigh in on the DOJ’s statement of interest

March 29, 2024 Mariel Alumit Comments Off on CMLS looks to weigh in on the DOJ’s statement of interest

​ The Council of Multiple Listing Services is joining Northwest MLS in filing a motion to request that it can file an amicus curiae brief in the Nosalek commission lawsuit. In its motion filed on […]

reverse mortgages
Housing Wire

What a tech entrepreneur has discovered about reverse mortgages

March 29, 2024 Mariel Alumit Comments Off on What a tech entrepreneur has discovered about reverse mortgages

​ Anna Frankowska was recognized in 2017 as one of Forbes’ “30 Under 30” in Europe, having studied economics in London before moving to work in investment banking. A passion for technology led her to […]

Sam Bankman-Fried
New York Post

FTX to unload disgraced Sam Bankman-Fried’s $222M Bahamas real estate empire

March 29, 2024 Mariel Alumit Comments Off on FTX to unload disgraced Sam Bankman-Fried’s $222M Bahamas real estate empire

  Sam Bankman-Fried, once hailed as a crypto prodigy, now faces a 25-year sentence for his role in an $8 billion fraud that rocked the cryptocurrency world. But while he languishes in prison, his opulent […]

Red Hot Chili Peppers
New York Post

Red Hot Chili Peppers’ Flea relists LA ‘midcentury space station’ home for $6.99M

March 29, 2024 Mariel Alumit Comments Off on Red Hot Chili Peppers’ Flea relists LA ‘midcentury space station’ home for $6.99M

  Red Hot Chili Peppers bassist Michael “Flea” Balzary has relisted his striking-looking compound in La Crescenta, an unincorporated area just beyond Los Angeles. The alternative rock icon, 61, is seeking $6.99 million for the […]

HUD
Housing Wire

HUD seeks public comment on updates to reverse mortgage documents

March 29, 2024 Mariel Alumit Comments Off on HUD seeks public comment on updates to reverse mortgage documents

​ The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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