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“Papa John’s founder slammed for saying he ‘lost a home’ in Florida due to Hurricane Ian” John Schnatter, the founder of Papa John’s Pizza who was forced to step down as CEO after uttering a racial slur during a conference call, was slammed on Tuesday for telling a cable news channel that he had “lost…
“US housing market to remain ‘especially frigid’ as mortgage rates spike: Redfin” The housing market’s ongoing slowdown will continue through the end of the year as surging mortgage rates discourage prospective homebuyers, according to the latest analysis by real estate firm Redfin. Redfin noted a “nosedive” in home-touring activity, which is down 38% since January…
“Dustin Diamond’s abandoned, trashed house finally sells after 2 years” Six months before Dustin Diamond passed away in February 2021, he was forced to put his longtime home in Port Washington, Wisconsin up for sale after a bank threatened foreclosure for unpaid dues. More than two years later, on May 27, 2022, it finally sold…
“New York Times writer sued over rental housing dispute” Seeking a temporary Upper West Side rental apartment to flee noisy construction for $2,999 per month. Which option did this couple choose? One that ultimately got them sued, with allegations that they owe at least $35,000 in back rent and costs. Joyce Cohen, the New York…
“Priced-out locals account for third of available NYC rentals” All good things must come to an end — and in the case of New York City rental housing, that means pandemic-era discounts for sweet apartments. In the second quarter of 2022, the inventory for city rental homes rose 14% to 65,697 from the first quarter,…
“US housing market headed for ‘deep freeze’ as mortgage rates soar” The US housing market is on the cusp of a “deep freeze” as rising mortgage rates and steep home prices conspire to limit buying and selling activity, a prominent economist warned this week. Mark Zandi, the chief economist of Moody’s Analytics, pointed to a…
“Chinese buyers spent record $6.1B on US real estate in 2021” Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors. Buyers from mainland China, Taiwan, and Hong Kong spent…
“Elvis Presley’s abandoned childhood home goes up for auction” Elvis has left the building, but maybe you don’t have to. Elvis Presley’s childhood home in Tupelo, Mississippi — which was left abandoned and, at one point, was expected to be torn down — is set to hit the auction block in August, The Post can…
“Malibu now only a billionaires’ club after Larry Ellison laid groundwork” At its early developmental stages, the Los Angeles beach town of Malibu has always been reserved for the rich and famous. But in the last few years alone, even millionaires have now been shut out — and the community has become a staple for…
“Shaq downsizes to Texas suburbs after selling Florida mega-mansion” Everything may be bigger Texas, but Shaquille O’Neal is opting for a smaller abode when it comes to his next house. Months after selling his mega-mansion in Orlando, Fla., the NBA legend purchased a much smaller, five-bedroom, six-bathroom estate in the Dallas suburbs. Located in Carrollton,…