Tag: real estate agents
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New York City’s available office space hits record in second quarter: Savills
[ad_1] The availability of office space in New York City climbed to 70.3 million square feet in the second quarter of 2023, the highest in history, according to real-estate firm Savills. The record office space availability in New York comes as high interest rates, a mountain of maturing debt and wobbling property prices bear down…
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Nasdaq falls for third day as investors focus on Powell testimony
[ad_1] U.S. stocks traded mostly lower on Wednesday for a third day as investors tune into Federal Reserve Chairman Jerome Powell’s semi-annual speech to Congress on the economy and possibly interest rate direction. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.08% was flat, trading at 34,053. The S&P 500 SPX, -0.30% dropped…
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My wife owns her mother’s home. Can she avoid capital gains tax if she sells?
[ad_1] Dear MarketWatch, Before I married my wife, she took out a mortgage on a home in El Paso, Texas so she and her mom could live in it. After we married, my mother-in-law stayed at the property and made the mortgage payments. She’s not in good health and my wife wants to sell the…
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Everything you need to know as a first-time homebuyer
[ad_1] This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2022. All rights reserved. Purchasing a home — especially in this market — can seem like a daunting task. The Escape Home’s Danielle Hyams spoke with Connecticut-based real estate agent…