DISCOVER WHAT'S NEW AND INTERESTING IN OUR BACKYARD

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Local CRE Trends

New York, New York is the largest city in the US by population with an estimate 8.5 million residents. No city in the world can match New York City’s unparalleled energy, or the tremendous pride New Yorkers take in opening their arms to our more than 56 million visitors annually. There is always something fun, exciting and inviting to do. With Broadway shows, outdoor movies or concerts, tours of museums or historical attractions, cuisine from every world culture, and more, there are endless opportunities in each of the City’s five boroughs—the Bronx, Brooklyn, Manhattan, Queens and Staten Island—to discover something new. New York, New York also features some of the most prestigious landmark commercial real estate in the world, along with historic communities, trendy residential neighborhoods, and shopping districts.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #238 on the 2022 Fortune 500®*, and is among numerous defense, energy, media, hospitality and financial Fortune 500®* companies based in the region. Our New York City based team of professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*"FORTUNE®" and "FORTUNE 500®" are registered trademarks of Time Inc. From FORTUNE Magazine, May 2022 ©2022 Time Inc. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of Fidelity National Financial. Commonwealth Land Title Insurance Company is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters that collectively issue more title insurance policies than any other title company in the United States.


The Latest Articles From the FNF Newsdesk:

Is The Housing Market Slowing Down: Redfin 2023 Predictions
...EST|Press play to listen to this article! Got it! Key takeaways As mortgage rates rise and inflation remains stubborn, there are signs that the housing market is slowing down Real estate brokerage...

Mortgage Credit Availability Increased in November
...a challenging environment brought on by higher rates and a much slower housing market,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Jumbo credit availability saw a 4 percent...

Mortgage Rates on Dec. 8, 2022: Rates Slip
Today some major mortgage rates decreased, though rates remain high compared to earlier this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written by A few...

Foreclosures surge from a year ago but slow on a monthly basis
...they declined from last month, and lenders often put a moratorium on foreclosures during the holiday season." A federal moratorium on foreclosures enacted during the COVID-19 pandemic expired...

Carrington markets second liens to existing servicing customers
...relative to cash-out refinances because they don't upend borrowers' lower primary mortgage rates. The rollout is currently limited to existing customers, but an executive at the company said...

Mortgage applications decline for second consecutive week
...volume increased to 28.7% from 26.1%. A recent pullback in mortgage rates has done little to significantly turn around the outlook for refinances, with many homeowners already benefiting from...

December Fed Meeting Preview: How many more giant rate hikes are left? ‘This is where it becomes the tough part’
...to back off for “risk management” purposes. The rapid slowdown in the housing market, coupled with a rapid tightening of financial conditions, illustrates just how much its massive, rapid rate...

Doma to lay off 515 workers in cost-cutting plan
...in the third quarter, attributing the performance to the combination of elevated mortgage rates, inflation and supply chain woes. The company reported an $84.1 million net loss in the third quarter...

What The Seattle Housing Market Looks Like Going Into 2023
...of the Pacific Northwest.” Not surprisingly, given this significant growth, the Seattle housing market experienced a dramatic rise in home prices and demand. Based on data sourced from Redfin...

Local Governments Should Incentivize Housing Overbuild Ahead Of Recession
...can be counted on to understand what’s happening in today’s housing market. It’s worth saying again, that the “cost burden” methodology uses a single data point from old data to say what the...