Investing

Empire State Building Owner Files for IPO

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.

NAR strongly oppose to elements of President Obama’s budget proposal

According to the latest National Association of Realtors president Moe Veissi’s statement, NAR is strongly opposed to elements of President Obama’s budget proposal

Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving

Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®.