Category: Community Living

Real Estate Trends The Torch is Back On
The Torch is Back On

Construction on The Torch, a massive new hotel development on Manhattan’s West Side, resumed in late June after a one-year pause. The 52‑story, 1,067‑foot tower, developed by Extell and designed by ODA with SLCE Architects, hit major legal …

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Mortgage Rates Creep Lower

According to a recent press release,  Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. “Mortgage rates moved lowe…

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A Nervous Market

Even with new home sales rising thanks to builder incentives and a shift toward lower-priced homes, sky-high prices and economic instability continue to suppress overall housing market activity, according to a recent report in The Wal…

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