US home price plunge is ‘just beginning’ as housing market rapidly cools: economist
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US home price plunge is ‘just beginning’ as housing market rapidly cools: economist

A substantial plunge in US home prices is likely “just beginning” as decades-high mortgage rates cause a downturn in the housing market, a prominent economist cautioned Friday. The warning from Pantheon Macroeconomics chief economist Ian Shepherdson followed more dismal data that showed a slowdown in housing activity. Pending home sales…

Housing starts tumble more than expected in September
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Housing starts tumble more than expected in September

US homebuilding fell more than expected in September, led by a 13.1% decline in multi-unit projects, according to Census Bureau data released on Wednesday. Housing starts dropped 8.1% to a seasonally adjusted annual rate of 1.439 million units last month. Data for August was revised down to a rate of 1.566 million units from the previously reported 1.575 million units. Economists polled…

Papa John’s founder slammed for saying he ‘lost a home’ in Florida due to Hurricane Ian
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Papa John’s founder slammed for saying he ‘lost a home’ in Florida due to Hurricane Ian

John Schnatter, the founder of Papa John’s Pizza who was forced to step down as CEO after uttering a racial slur during a conference call, was slammed on Tuesday for telling a cable news channel that he had “lost a home” in Florida as a result of Hurricane Ian. Schnatter,…

Adrienne Arsht sells Miami estate for a record $106.87M
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Adrienne Arsht sells Miami estate for a record $106.87M

Living in the Free State of Florida doesn’t come for free. Businesswoman and philanthropist Adrienne Arsht has sold her 4-acre waterfront compound in Miami’s Coconut Grove neighborhood for a cool $106.87 million, its listing brokerage confirmed to The Post on Friday. The Wall Street Journal, which broke news of the…

Tenants say luxe Jersey City building floods, is a ‘nightmare’
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Tenants say luxe Jersey City building floods, is a ‘nightmare’

For Jordan Mendelson, 28, living in a luxury building with a rooftop swimming pool, private gym, floor-to-ceiling views of Manhattan, the Hudson River and Statue of Liberty all within a stone’s throw away from New York City sounded like a dream when she got the keys to her $3,600-per-month two-bedroom…

Thom Filicia sells upstate New York home to friend for $4.6M
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Thom Filicia sells upstate New York home to friend for $4.6M

“Queer Eye for the Straight Guy” interior designer Thom Filicia has sold his Skaneateles, New York home in an off-market deal for $4.6 million.  The TV host not only found a buyer for the five-bedroom upstate lakefront spread, but a buyer who’s a longtime friend.  “They separately bought about 60%…