Finance & Mortgage

Real Estate Predictions: Mortgage Rate Hike Forecasted To Favor Investors In Denver Property Market

Last December 16, the Federal Reserve announced an increase in their interest rates. The said hike is generally expected to raise mortgage costs but experts are assuring prospective homeowners in Denver not to worry. The upcoming months may be a great time to put their money into a home as they are predicting that the Fed hike will possibly bring the real estate market's supply and demand more into balance and that it could work in favor of investors.

The Tenants of the Clinton Towers Fight Back Against the 20 Percent Planned Rent Hike

The tenants of the Clinton Tower complex at West 54th Street and 11th Avenue are against the planned rent hike of 20 percent that could increase their rents by as much as $300 per month. The property is part of the Mitchell-Lama program of the city which provides affordable housing to moderate-to-middle-income families.

The Fitzroy Project: The Gotham-esque Building Needs to Have Batman Move In

As seen in the image, that is what the developers, JDS and Largo Investments, chose to do when they promote their new project, the Fitzroy project, where the Batman and bat signal are new additions. It included amenities such as a bat cave, parking for a Batmobile and the butler if the buyer includes the penthouse.