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Buyers walk away from deals, homeless in the Hamptons, & more

Published July 12, 2022 (over 3 years ago) · Updated 3 months ago
Buyers walk away from deals, homeless in the Hamptons, & more
More buyers are walking away from contracts: 15 percent of deals in the U.S. were canceled in June as mortgage rates rose (Bloomberg)
Residents in the Hamptons are shocked to find homeless encampments in the woods near the area’s sprawling mansions (New York Post)
Higher interest rates from the Federal Reserve lock would-be buyers into renting (The New York Times)
Affordable housing on a state-owned World Trade Center development site becomes pivotal in a competitive congressional race (Gothamist)
Residents in Bed-Stuy fight to prevent the demolition of a Gothic mansion at 441 Willoughby Ave. (Brownstoner)
Tips to prevent your newspaper from being stolen outside your apartment building (The New York Times)
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