
Fresh College Grads Face NYC’s Toughest Rental Market Yet as Asking Prices Surge to 7-Year High
For the Class of 2026, launching a life in New York City comes with serious sticker shock as local rents hit a seven-year high, promising an uphill financial battle even for graduates entering high-paying industries. This spring, the median asking rent in the Big Apple reached $3,707, up 4.6%, or $1
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$112 Million Laguna Beach Mansion With a Private Library and a Rotating Bed in Primary Suite Could Become Priciest Home Ever Sold in Orange County
An ultra luxurious eight-bedroom compound overlooking the Laguna Beach coastline has hit the market for the extraordinary price of $112 million—a sum that could see it become the most expensive home ever sold in Orange County. Built in 1974, the 14,434-square-foot estate is currently owned by auto d
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The Medicaid Rule That Can Put Your Family Home at Risk
When Philomene Benoit died in 2012, the New Jersey home she and her husband had owned for more than 25 years remained with her surviving spouse, Clerveaux. That might have seemed to settle the question of what would happen to their family home. But Philomene had received Medicaid-funded care for nea
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America’s accidental landlords: The hidden consequence of the mortgage lock-in effect
For the past several years, the real estate industry has talked about the mortgage-rate lock-in effect mostly as an inventory problem. That is understandable. When a homeowner has a 3% or 4% mortgage, and today’s replacement mortgage is in the mid-6% range, selling can feel financially irrational. F
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