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Economy

Market Pulse

Fed Raises Interest Rates as Inflation Continues to Heat Up

Tyler Williams -
The Federal Reserve on Wednesday raised interest rates for the first time since 2018, with a 0.25% uptick. The Fed’s policymakers also projected an...
Real Estate

Building Permits Dip, Housing Starts Increase 6.8% in February

Sophie Leahy -
The most recent new residential construction report shows that housing starts increased 6.8% month over month in February, with building permits at a high...
Market Pulse

Markets Still Show Signs of Uncertainty But Is It a Good Time to Buy?

Andrew Paniello -
As has been the case throughout the course of 2022, general economic instability has been the defining force in the stock market, the global...
PropTech

Opendoor Outperforms Earnings, Definitely Not Ajar

Rochelle Heath-Harris -
Throughout 2021, we saw unprecedented behavior in the housing market. It's been preponderantly blamed on COVID-19, which indeed seemed to precipitate unparalleled trends in...
Local News

NYC – NJ Rail Tunnel May Start in 2023 

Carly Kaufman -
There are emerging developments on the Gateway Program which is a project meant to make travel to cities between Washington D.C. and Boston easier...
Local News

Eric Adams’ Proposed $98 Billion Budget Relies on a Small Increase in Real Estate Values

Tyler Williams -
Eric Adams’ initial budget proposal includes roughly $98 Billion in spending, a reduction in expenditures from Mayor de Blasio’s final budget of $102.8 Billion...
Market Pulse

Despite Housing Shortage, Residential Construction Ramps Up

Tyler Williams -
As of 2021, the United States was short 5.24 million homes, an increase of 1.4 million from the 3.84 million housing shortage in 2019....
Business

R.I.P. $1 NYC Pizza Slice

Rochelle Heath-Harris -
I bet you never thought you'd see the day when the $1/a slice pizza deal common in NYC was no more. I mean, even...
Market Pulse

Stock Markets Off To A Rocky Start

Alix Barnaud -
We are only a few weeks into 2022, and it has already been a rocky ride for the U.S. stock market. Two years into...
Market Pulse

2021 Housing Market Recap and Predictions for 2022

Alix Barnaud -
2021 was a year for the books as far as the housing market was concerned. The past 12 months were affected – once again...
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