Southampton - Real Estate Investor Pulse

Late architect Thierry Despont’s Southampton estate to re-list for $19.95M

October 13, 2023 Mariel Alumit Comments Off

A roughly 34-acre Southampton estate owned by the late, and legendary, architect and designer Thierry Despont is about to list for $19.95 million, Gimme Shelter has learned — down from its $23.5 million asking price […]

Southampton artistic gem hits market for $4.4M for first time in 50 years

September 8, 2023 Mariel Alumit Comments Off

Nestled within affluent Southampton Village, a shingle-style architectural masterpiece with a unique artistic heritage has just debuted on the sales market, commanding a price tag of $4.39 million. Welcome to 65 Wooley St., a charming […]

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 […]