Month: September 2022

Jewelry designer Jen Insardi is listing her gut-renovated Tribeca gem for $7.99 million. The 3,000-square-foot, family-sized residence is at 55 Vestry St., a converted 19th-century warehouse now known as the Fairchild. It features four bedrooms, 3½ baths and a private balcony. Insardi won this year’s Mort Abelson New Designer of the Year award. The smart-wired condo
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U.S. pending home sales post third straight monthly decline in August. Pending home sales plunged 24.2% in August on a year-on-year basis. On top of that mortgage interest rates have become unaffordable at today’s home prices. Where will the housing market go from here? Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a Pair
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Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. After a
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