Fed's Cook 'prepared to raise rates' if inflation persists
The Federal Reserve Board governor is the latest Fed official to embrace the prospect of tighter monetary policy in response to rapidly rising prices that have taken hold in recent years.
All-cash home sales drop to lowest share in 6 years
All-cash home purchases hit a six-year March low of 28.9%, as a buyer-friendly market reduced the need to use cash to stand out, with sellers outnumbering buyers by a record-near margin, Redfin found.
Mamdani’s $22 billion ‘grand bargain’ for NYC affordable housing
Zohran Mamdani ran for mayor on one promise: make New York City affordable again. This week, he moved to further dismantle the rules New York spent decades erecting to prevent residential density. Mamdani released a 10-year housing plan pledging to build 200,000 new affordable homes while preserving
Pamela Heman
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