Mortgage rates are headed up again on June CPI inflation report

Inflation moved away from Fed’s 2 percent target for the second month in a row, with the cost of goods and services rising 2.7 percent from a year ago, up from 2.3 percent in April.

A New York homeowner claimed text messages sent by an associate KW broker amounted to an “invasion of her privacy.” She has now dropped her case.

Construction is underway on the first phase of Innovative Urban Village, a $270 million affordable and supportive housing development located on the campus of the Christian Cultural Center in East New York, Brooklyn. The current phase, referred to as Phase 1A, will bring 385 new affordable apartments to the area, along with commercial space that includes a full-service grocery store offering fresh produce. The project is designed by Practice for Architecture and Urbanism (PAU) and SLCE Architects and developed by the Christian Cultural Center, Gotham Organization, and Monadnock Development.

The affordable housing lottery has launched for 88 Schermerhorn Street, a 20-story mixed-use building in Brooklyn Heights, Brooklyn. Designed by NA Design Studio, the structure yields 58 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $125,520 to $189,540.

Permits have been filed for a four-story residential building at 97 Devoe Street in Williamsburg, Brooklyn. Located between Leonard Street and Manhattan Avenue, the lot is near the Lorimer Street subway station, served by the L train. Elad Ben-Kimon under the 97 Devoe LLC is listed as the owner behind the applications.

If you’re not ready to pay for a CRM quite yet, we’ve picked the best free real estate CRM platforms to help you establish a consistent client communication plan.

The post The 6 Best Free Real Estate CRMs for 2025 appeared first on The Close.

If you’re planning to sell a house, you may have heard that you could be on the hook for paying capital gains tax.

The post How to Avoid Capital Gains Tax on Real Estate in 2025 (Strategies) appeared first on The Close.

The designers George Yabu and Glenn Pushelberg collect an “inventory of ideas and thoughts,” including miniature Japanese vessels, handmade glasses and a vintage bar cabinet.

A new rendering has been revealed for 290 Henry Street, a 21-story residential building on Manhattan’s Lower East Side. Designed and developed by Fulcrum Properties, the 96,638-square-foot structure will yield 130 affordable housing units and connect to the adjacent 196-year-old St. Augustine’s Church, which will undergo a full restoration. The new tower will also contain a 1,959-square-foot community facility and 3,762 square feet of ground-floor retail space. The property is located on an interior through-lot parcel bounded by Henry, Madison, and Scammel Streets.

A Boulder, Colorado, homeowner’s viral social media campaign that challenged local commission standards has inspired the launch of a new consumer-facing software application.