Khristopher J. Brooks
I cover business, economics & finance for @cbsnews. Phavor McKinney-Godboldo is here! Priors @newsday, @dandc, @theledger, @jaxdotcom, @owhnews & @heraldcourier
Articles
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2 weeks ago |
homes.com | Khristopher J. Brooks
The New York City apartment where baseball legend George Herman "Babe" Ruth lived while playing as an outfielder for the Yankees has hit the market with an asking price of $1.5 million. The current owners of Unit 7B inside 345 W. 88th St. is a single family that has outgrown the space, according to Dylan Hoffman of Compass, the home's listing agent. The family knows the historical sports significance of their current home, but they still need a new and larger living arrangement, Hoffman said.
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3 weeks ago |
homes.com | Khristopher J. Brooks
The art and science of house flipping may have lost some of its luster last year, but the practice can still generate thousands of dollars in profit — even for first-time flippers. Americans flipped 297,885 single-family homes and condominium units in 2024, down from 322,782 in 2023, according to real estate analytics firm ATTOM. Industry onlookers said real estate investors are likely slowing their flipping efforts because profits are not increasing as much as they would like.
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4 weeks ago |
homes.com | Madeleine D'Angelo |Rachel Scheier |Paul Owers |Khristopher J. Brooks
Mortgage rates hover around months-long lows in boost for buyers, sellers The average 30-year, fixed rate has trended downward as the economy has softened.
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4 weeks ago |
costar.com | Khristopher J. Brooks
Loyal Walmart customers in the Reno, Nevada, area will not have to worry about empty shelves for the foreseeable future. The big-box retailer renewed its lease at Tahoe Reno Industrial Center, which is billed as the world's largest industrial park at 107,000 acres. The industrial center, known as TRIC, also houses distribution and fulfillment centers for pet supplies delivery service Chewy, FedEx, Google, Tesla and 1-800 Flowers.com.
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4 weeks ago |
costar.com | Khristopher J. Brooks
A newly built railroad service just outside of Reno, Nevada, is helping goods shipped into the U.S. travel further inland while cutting down vehicle emissions. For most of its history, large shipments from overseas would arrive at the Port of Oakland in California and the containers would sit along the shore, waiting for a truck driver to load them and take them east. But the Port of Nevada was built to move shipments faster, its developer Industrial Realty Group said.
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Some personal news: It's a new year and a new job for yours truly. My chapter at CBS News has ended and now I'm a New York housing reporter for CoStar News and https://t.co/oToeIQW8sB. Kindly send your pitches and scoops to [email protected]. Thanks guys https://t.co/zf0BF68hZs
