Finance & Mortgage

Mortgage Market Update: Job Openings Went Down, Retail Sales Increase, Jobless Claims Increase

US Labor Department reports that job openings went down by 2.7% in October, leading to a 5.38 million reading. The percentage figure is in comparison to September's results that lead to a 5.5 million job reading and the all time high results of July's reading which is 5.67 million. The October reading is actually the third highest since 2009 when the recession ended. Analysts report that the gap between the job skills applicants bring in and the job skills employers seeks for do affect the entire hiring process. However, the fewer job openings can also mean that the said gap is already closing.

Exclusive Real Estate Update: LaGuardia Airport, Home of the Homeless Squatters

The number of homeless squatters living at LaGuardia Airport has increased in the past year, turning the place into a flophouse, where they sleep, eat and wash up, while competing with the passengers for space, according to Port Authority sources.

Celebrity Real Estate: James Rothschild and Nicky Hilton Shop for Village Pad

Nicky Hilton Rothschild tweeted Tuesday “Great minds think alike!” in response to photos of her and Dee Ocleppo (Tommy Hilfiger’s wife), showing up in the same ‘60s-style powder blue Valentino statement gown earlier this week at an event in the Lincoln Center.
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