New York

Home prices are climbing in Long Island City, giving buyers a taste of what they can expect in the Queens neighborhood as Amazon.com Inc. moves in.

Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.

The Buffalo Niagara housing market still is sizzling, although there are some signs it's not quite as hot as it was during the summer.

After more than three years of a strong seller's market, Staten Island's residential real estate is now favoring homebuyers, Realtors say.

Challenges will likely increase as interest rates rise and investors grow more concerned about a downward turn in the economic cycle.

The Buffalo Niagara housing market remain strong during October, but there are signs that it's cooled a bit since its sizzling days this summer.

The move allows the New York multifamily lender to make more loans without having to raise capital.

Wells Fargo & Co. raised its required down payment for homebuyers in Connecticut's Fairfield County to 25% from the standard 20% after it categorized the area as distressed.

Amazon's new HQ2 facilities in New York City and Washington, D.C., will create a flurry of housing and mortgage activity. But the direct benefits to mortgage lenders won't be as significant as they could've been in many of the other cities on Amazon's list of 20 finalists.

Amazon.com Inc. is headed to New York's Long Island City, but there's a lot of work to be done before it can actually put down roots in the Queens neighborhood.