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Economy

Local News

Is it Time for Times Square’s Revival?

Alix Barnaud -
Times Square has long been an iconic landmark in New York City. With its glitzy video panels and a carnival-like atmosphere, the Crossroads of...
Market Pulse

Market Update: May 4th, 2022. Pending Recession and Increased Shortages in Labor and Supply.

Andrew Paniello -
As we experience another week of broader market activity, many of the trends from last week have been extended even further. In general, most...
PropTech

Rocket Mortgage to Reduce Workforce, Signaling Tougher Times Ahead for Mortgage Industry

Tyler Williams -
The country’s largest lender, Rocket Mortgage, recently announced plans to reduce its workforce. Representatives from the company decided to offer voluntary buyouts to 8%...
Local News

What is ERAP and How Does it Work? 

Rochelle Heath-Harris -
ERAP is not a new form of rap you buy online. (Get it? e-rap?) All kidding aside, if you're one of the hundreds of...
Market Pulse

Market Update: April 27th, 2022. Gas, Twitter Buy Out, China Exodus and More

Andrew Paniello -
Last week contained another round of interesting economic developments, ranging from Elon Musk’s ambitious takeover of Twitter to broader global political challenges. Furthermore, many...
PropTech

Most Americans Still View Their Mortgage Payments as Affordable, Fannie Mae Finds

Tyler Williams -
A recent post from two Fannie Mae researchers revealed interesting findings on consumers' housing preferences and beliefs about housing affordability in 2021. In the...
Market Pulse

Market Update: April 20, 2022. Twitter, Taxes and More

Andrew Paniello -
Given the intensity of many of the ongoing economic stories we’ve discussed in this column, it appears last week was surprisingly stable. A quick...
Buy

Canada Plans to Ban Foreign Home Buyers for Two Years

Tyler Williams -
The Canadian housing market appreciated more than 50% over the last couple years to $868, 400 Canadian dollars ($687,000 USD). It’s a staggering rise...
Buy

What First-Time Homebuyers Want In New York City

Ivan Suazo -
In a recent study, the National Association of Homebuilders (NAHB) found that first-time homebuyers in the U.S. want a home with a laundry room,...
Living

Market Update April 12th: Economy Stuttering Amid Inflation Concerns

Andrew Paniello -
Last week, there were quite a few signs that the economy was moving in a positive direction. But this week, both at the national...
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