Longtime Valley National Bancorp CEO Gerald Lipkin, who built the one-time New Jersey community bank into a regional institution with more than $23 billion of assets, passed away Wednesday at age 84. Gerald Lipkin, who spent nearly three decades as CEO of Valley National Bancorp in New Jersey, presiding over its expansion into a regional […]
NJ bank mourns death of longtime CEO Gerald Lipkin Read More »
Home prices continued to rise in May, reaching a new high even as fears of tariffs, trade wars, and economic uncertainty swirl through the broader economy. The median sale price for a home reached an all-time record of $396,500 during the four weeks ending June 15, according to Redfin. This was up 1% from the
High home prices hide broader slowdown as demand drops Read More »
Flipping homes is becoming a less profitable business venture for investors, an Attom Data Solutions report finds. The return on investment for fix-and-flip properties dipped to 25% in the first quarter of 2025, down from 28% the previous quarter. In the fall of 2020, the ROI on flipping homes was 48.8%, per the data vendor.
Home flipping bears less fruit for investors in Q1 Read More »