NBA Legend Dikembe Mutombo Takes a Big Loss on Sale of NYC Apartment
Clicks Images/Getty Images / Realtor.comBasketball Hall of Famer Dikembe Mutombo just sold his condo in New York City. But after waiting much of the year for a buyer, he probably didn’t get quite the win he wanted.In February, the three-bedroom unit landed on the market for $4 million. Mutombo whitt
How Inflation Affects the Housing Market
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and Overall InflationShelter inflatio
An Up-Close and Uncomfortable Look at the Housing Market’s ‘Inventory Crunch’
Getty ImagesIf this summer’s home shopping season seemed quieter than usual, you can blame it on soaring mortgage rates, which exceeded the dreaded 7% threshold in mid-August and are currently hovering at their highest point in two decades.These rates have paralyzed both homebuyers and sellers and l
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