Buyers walk away from deals, homeless in the Hamptons, & more

By Emily Myers | July 12, 2022 - 10:30AM

More buyers are walking away from contracts: 15 percent of deals in the U.S. were canceled in June as mortgage rates rose (Bloomberg)

Residents in the Hamptons are shocked to find homeless encampments in the woods near the area’s sprawling mansions (New York Post)

Higher interest rates from the Federal Reserve lock would-be buyers into renting (The New York Times)

Affordable housing on a state-owned World Trade Center development site becomes pivotal in a competitive congressional race (Gothamist)

Residents in Bed-Stuy fight to prevent the demolition of a Gothic mansion at 441 Willoughby Ave. (Brownstoner)

Tips to prevent your newspaper from being stolen outside your apartment building (The New York Times)

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a real estate writer and podcast host. As the former host of the Brick Underground podcast, she earned four silver awards from the National Association of Real Estate Editors. Emily studied journalism at the University of the Arts, London, earned an MA Honors degree in English Literature from the University of Edinburgh and lived for a decade in California.

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