Queens - Real Estate Investor Pulse

This ornate Queens home with $1M of mahogany additions asks $5.77M — one of the priciest in the borough

April 29, 2024 Mariel Alumit Comments Off

This grand Tudor-style house stands to join the ranks of Queens’ most expensive home sales of all time. In the posh Jamaica Estates neighborhood, only a few homes away from the one where Donald Trump grew […]

This 4-bedroom in Queens asks $110K — but it’s no ordinary home

April 18, 2024 Mariel Alumit Comments Off

Amid sky-high real estate prices, this New York City home is a steal — but there is a catch: The home floats on water. Currently docked at Marina 49 in the Rockaway, Queens neighborhood […]

Queens may unseat Brooklyn as NYC’s trendiest borough in 2024: Survey

January 15, 2024 Allen Santos Comments Off

There’s a new contender for the hottest borough in town. A report released this week by listings portal StreetEasy predicts that this year will see Queens beat out ever-trendy Brooklyn in terms of residential interest. […]

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]