Fed Expected To Hike Rates Next Week as Inflation Remains Hot at 3.4%

The Federal Reserve is now seen as extremely likely to raise its benchmark interest rate next week, after a key inflation reading came in hot on Friday. Investors have increasingly been eyeing a rate increase, and the probability of September rate hike surged above 90% following the latest Consumer

EXCLUSIVE: How Luxury Broker Ravi Kantha Traded the Courtroom for High-End Real Estate Deals

Over the past 11 years, no one has sold more townhouses—or more gross dollars of real estate—in Brooklyn Heights than Ravi Kantha. In a new video series following a day in the life of luxury real estate agents, Kantha is the latest to open his doors, offering an unfiltered look at a schedule that st

Mortgage Rates Just Hit a 15-Month High. Is It Worth Paying Thousands To Lower Yours?

In 2021, when mortgage rates were near historic lows, just 34% of the 30-year primary home-purchase loans carried points, according to a new analysis from Realtor.com®.  By 2023, as rates surged, that share had jumped to 60%. “The data provides strong evidence that rate level is the primary driver o

NIMBYs and YIMBYs Both File Lawsuits Over San Francisco’s New Housing Plans

San Francisco's efforts to build denser housing face crucial tests in the coming months amid a series of lawsuits, which variously claim that the city's efforts go too far—or not far enough. The three lawsuits against the city, filed in Superior Court, come from groups on the opposite end of the spe