Andrew Cuomo Drops $9.6 Million in Cash on Lavish Hamptons Estate—After Failed NYC Mayoral Bid
Former New York Gov. Andrew Cuomo has splashed out $9.6 million in cash on a sprawling Hamptons estate—nearly one year after the New York City mayoral primary that marked his return to electoral politics. Cuomo, 68, who served as governor from 2011 until his resignation in 2021, quietly picked up th
Mortgage Rates Soar to 3-Year High as Global Bond Market Selloff Deepens
Mortgage rates jumped to their highest level in nearly three years this week, driven by a massive global bond market selloff stemming from rising energy costs and lingering inflation fears. The average rate on 30-year fixed home loans climbed to 7.28% mark for the week ending Oct. 1, up 25 basis poi
VIDEO: Homebuilding Leader Says Skilled Labor Shortage Adds $2,500 to Cost of New Homes
Ed Brady, CEO of the Home Builders Institute, says the home construction industry faces a coming crisis because of a shortage of workers. The home construction business has had a severe shortage of workers for years. The Home Builders Institute estimates the industry needs 700,000 additional workers
Real Estate Tycoon Mauricio Umansky Reveals Plans for L.A. Mayoral Run
Real estate mogul Mauricio Umansky, the estranged husband of "Real Housewives of Beverly Hills" star Kyle Richards, is seriously considering swapping luxury listings for Los Angeles City Hall. The 56-year-old founder and CEO of The Agency revealed that a future run for mayor of Los Angeles is on the
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