Monthly Archives: August 2022

Better.com conducts another round of layoffs 

Aug 26, 2022 |

Amid a shrinking mortgage market and delays in its plan to go public, digital mortgage lender Better.com made another round of layoffs on Friday. That’s the fourth workforce reduction since December 2021, when the company’s Chief Executive Officer Vishal Garg gained infamy for laying off 900 employees in a Zoom meeting. On March 8, Better cut 3,000 jobs, roughly […more]

SB 1079 Exploited

Aug 26, 2022 |

An excerpt from this article: Riggins, 67, retired early from his career in construction and maintenance for the city of Richmond after a knee injury put him on disability in 2008. But, the income from his tenants helped keep him afloat. “The building was in good shape, and I had good tenants,” Riggins said. “Everything […more]

New-Home Sales Plummet as the Housing Recession Gains Steam

Aug 26, 2022 |

Just a few months ago, builders were flush with eager buyers. They’ve since dried up as the number of new-home sales has plunged.

New Plans for a Wall of Townhomes to Rise Right Here

Aug 26, 2022 |

Challenged by neighbors and the City alike, albeit for very different reasons, plans to double the size of the 2,200-square-foot Nob Hill home which sits on the front of a 3,571-square-foot lot at 1151 Washington Street, adjacent to the Betty Ong Recreation Center’s playground, have been shelved.  And significantly bigger plans for the site have […more]

Does Powell’s tough talk mean another 75 bps rate hike?

Aug 26, 2022 |

Restoring price stability will cause some pain now, but will forestall the greater pain of higher inflation, Federal Reserve Chairman Jerome Powell said in a speech on Friday. Powell, speaking at an economic policy symposium in Jackson Hole, Wyoming, made it clear that the Federal Open Market Committee (FOMC) would continue to be tightly focused […more]

Kensington One-Bedroom Co-op With Wood Floors, Renovated Kitchen, Closets Asks $485K

Aug 26, 2022 |

On the third floor of a 1930s building, this Kensington one-bedroom has details of the era like arched openings, a breakfast nook and a foyer with a niche along with a renovated kitchen with a dishwasher. The Colonial-Revival style six-story building was completed in 1939, according to its certificate of occupancy.… Read More > The […more]

Game, Set, Match For The Preston Road Corridor: Woodhouse Buys T Bar M Racquet Club in North Dallas

Aug 26, 2022 |

Property owners in the far North Dallas corridor along Preston Road will be thrilled to learn that Woodhouse has closed on the purchase of the T Bar M Racquet Club off Preston Road and Dilbeck Lane, just north of the Preston and LBJ Intersection, and across from the still-in-progress Midtown development. See More…

NYC renames Harlem street in honor of tennis star Althea Gibson

Aug 26, 2022 |

Althea Gibson was honored with a ticker tape parade in New York City after she won the 1957 Wimbledon Women’s Singles Championship. Photo via Wikimedia A block in Harlem was renamed on Thursday in honor of tennis star Althea Gibson on what would have been her 95th birthday. Gibson broke the color barrier in tennis, becoming the first […more]

NYC Open Houses August 27 and 28

Aug 26, 2022 |

Looking to buy a home in New York City? We’ve got you covered! Here are our five favorite NYC open houses for August 27 and August 28. This roundup of Manhattan and Brooklyn homes offers options across various budgets and unit sizes. If you want to see more apartments listed for sale in NYC, be […more]

“San Diego Prices Drop 5.6%”

Aug 26, 2022 |

From cnbc – an excerpt: Some local markets are seeing even steeper declines over the last few months. San Jose, California, saw the largest, with home prices now down 10% in recent months, followed by Seattle (-7.7%), San Francisco (-7.4%), San Diego (-5.6%), Los Angeles (-4.3%) and Denver (-4.2%). Home prices were still 14.3% higher […more]