Artificial intelligence is moving into the housing space, specifically architecture. ICON, which developed one of the first fully 3D-printed housing developments in the U.S., is taking automation another step further. It recently unveiled what it calls Vitruvius, an AI program that helps consumers design custom homes online and get the plans, making the process cheaper
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Chris Wattie | Reuters Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead. In prepared remarks earlier this month, Federal Reserve Chair Jerome Powell said policymakers don’t want to ease
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Realtors in the Big Apple’s cut-throat housing market are citing the controversy over congestion pricing in their pitch to sell and rent apartments in Manhattan outside zones where the toll will be imposed. Glenn Barnett of Nest Seekers sends out listings with the heading “Avoid Congestion Pricing.” “I do get a better response. People are
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Facebook CEO Mark Zuckerberg may have made a hushed exit in the upscale neighborhood of Woodside, California. Reports from the Real Deal suggest that an entity linked to Zuckerberg has swiftly offloaded a “European-inspired estate,” raising eyebrows regarding the tech titan’s clandestine property movements. This would mark the second California property that the social-media mogul
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A house on the beach in Nantucket, Massachusetts, was purchased for a stunningly low price in a recent real estate transaction, the Nantucket Current reported. The sale price for the beachfront property, located in the Madaket area, was $600,000, according to the outlet. The transaction went through February. The Nantucket Current, citing the house’s listing broker, Susan
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There’s nothing interesting about interest rates these days — and a recent TikTok video specifically lays out why that is. A couple named Sarah and Teddy purchased a home in Brooklyn back in 2021. Their timing was right, the clip continues, because they’re now grappling with the sobering realization that their once-affordable abode would cost
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In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Factors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts. Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and
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Anmer Hall, a 19th-century country house in the quaint village of Anmer, England, has long held its place as a cherished retreat within the British Royal Family. However, recent events have thrust this property into the global spotlight, with concerns swirling around the health and whereabouts of Kate Middleton. She shares this residence with Prince
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Sixth Avenue has reclaimed its title as Midtown’s No. 1 office-leasing corridor, as measured by the least percentage of vacant space — the latest lead change in the never-ending bragging-rights battle with Park Avenue. Colliers reports that Sixth Avenue’s fourth-quarter occupancy at 11.5% of space available was the lowest of any Midtown corridor and slightly bested
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He’s hoping to make another splash in the market. A liquor industry bigshot who helped create Grey Goose vodka in the late 1990s — bringing Jägermeister to America before that — is re-listing his lavish Greenwich, Conn. estate for $28.5M, nearly two years after putting it up for sale for $33.5 million. John Frank, 70,
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When Hamptons real estate agent Peggy Zabakolas pulled up to her $20 million Watermill listing — Eagle’s Point, a hidden gem situated at the highest elevation in the area — last summer, she caught another broker red-handed. Fellow Nest Seekers agent JB Andreassi, 33, was trying to steal the listing for the seven-acres compound by
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In this article Follow your favorite stocksCREATE FREE ACCOUNT Sonali Pier is a portfolio manager with Pimco Pimco’s Sonali Pier strives for outperformance. The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after graduating from Princeton University in 2003. She began her career at JPMorgan as a
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Republican presidential candidate, former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center on February 20, 2024 in Greenville, South Carolina.  Justin Sullivan | Getty Images Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million — without having to first put
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There’s big demand for a very tiny home in Nevada. In the Las Vegas Valley, a 160-square-foot residence listed for $950 a month has received hundreds of inquiries from prospective tenants — something the landlord wasn’t anticipating, Fox 5 reports. “I’ve literally [had] 113 and counting people,” the landlord, who asked for anonymity, told the
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