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Harlem Building Came Back, But Now Units Cost Less Than SUV
When a rental building in West Harlem was listed for $1.375 million, Jay Martin flagged it. “Less than the price of a Kia Telluride,” he tweeted. “$57,000 per unit.” Martin wasn’t marketing the property. The New York Apartment Association exec was noting the devaluation of rent-stabilized buildings and mocking the claim that “the tenants can…
Insurers ease underwriting as carriers compete for buyers again
Home insurance premium growth is slowing, as competition among providers has returned, a new industry report found. Processing Content A record 11.7% of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year and 4.9% in 2024, according to Matic’s mid-year trends report. On average, homeowners who extended coverage experienced a…
Most Canadians fear payment fraud as deepfake threats grow
Despite that widespread anxiety, more than half of respondents (52%) said they had not been provided with — or could not recall receiving — any guidance from their financial institution about the deepfake threat. The gap is more pronounced among older Canadians: 60% of those aged 55 to 65 reported receiving no such guidance, compared…
Anthropic Targets Pre-Thanksgiving IPO at $2 Trillion Valuat…
Anthropic aims to start the formal marketing for its initial public offering as soon as the week of Nov. 9 and begin trading before the Thanksgiving holiday, Nov. 26, Bloomberg reported Thursday (Oct. 1), citing unnamed sources. The company is still considering its plans for the IPO, and the timing could change, the report said….
Monthly Mortgage Payments Fall to Lowest Level in 6 Weeks as Home Prices Keep Dipping
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XYPN Adds Income Lab as New Member Benefit for Advisors
XYPN, the popular network and business support platform for fee-only financial planners, announced access to retirement income planning provider Income Lab as a new member benefit and partner at its 12th annual conference, being held in San Diego. “One of the most important things we do at XYPN is listen to our members and continually…
