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What causes a 'stale' home listing? How buyers can use it to their advantage
What causes a 'stale' home listing? How buyers can use it to their advantage

Yahoo

time5 days ago

  • Business
  • Yahoo

What causes a 'stale' home listing? How buyers can use it to their advantage

Homebuyers know the feeling all too well: You're several months into your home search, and the properties you're interested in are selling at lightning speed. But there's that one home that's been sitting on the market since you started looking. Buyers pay close attention to the number of days a home has been listed for sale. And more often than not, once a property becomes a "stale listing," it is more undesirable to buyers the longer it sits on the market. "Buyers start their search a year out. They're very well educated on the market and inventory these days," said Padraic Gallagher, founder and managing broker of Story Residential at Compass in Hoboken, New Jersey. "And so, when they see a property and then continue to see it not moving as they look over time, there's a stigma attached to that property." Buyers may assume there's something wrong with these properties, especially in a market where things tend to sell quickly. But that's not always the case, and these homes may present a unique opportunity to otherwise struggling homebuyers. What is a stale listing? A stale listing is a home that has been on the market for an extended period of time without receiving any serious offers. The amount of time varies depending on the market and how fast other similar listings have sold. "A stale listing is usually considered to be a property that's sitting on the market past the average days on market. Every type of property has a different average days on market," Gallagher said. "But a stale listing would be one that's on for longer than previous comparative listings." There are exceptions to this, though, such as for luxury properties that tend to sit longer because they appeal to a smaller group of buyers. There once was a time when the average home could be listed on the market for as long as two to three months, or even longer, before it would be considered stale. Steven Finkelstein, a broker-associate with Russo Real Estate in Teaneck, New Jersey, said this was the standard prior to the pandemic. In case you missed it: Why America's housing is pulling further out of reach. See the report "There's no doubt we've gotten very spoiled over the last couple of years now. Because of the lack of supply, we've gotten offers within a week or sometimes days after an open house," he said. "Under normal circumstances, it would not be surprising if a home sat on the market for at least a month before getting an offer. And during those times, we would consider something stale if it was on the market for maybe two or three months." What causes a stale listing? Listings can become stale due to there being something inherently wrong with the property, such as major structural issues, which is what buyers typically assume is the case. But more often than not, Gallagher said, the biggest culprit of stale listings is overpricing. He said that regardless of how nice a property is, buyers will not be interested if they believe it's listed for more than it's worth. This also applies to listings where the seller raises their price after seeing a neighbor's house sell for more, he said, because it leads buyers to believe the seller could be "unreasonable." "We're also definitely seeing more inventory come out, which is also a change right now because suddenly some of the prices that made sense over the last several months need to be adjusted to suit the demand and the rising inventory that we're seeing," Finkelstein said. The timing in which a property is listed can also contribute to this, Finkelstein said. While properties are sold throughout the year, homes sell faster during the spring season, historically the busiest time for real estate. Other common factors are that the property is situated in what's viewed as an undesirable location, or it's in need of some cosmetic upgrades. Poor marketing, or a lack of photos and information, can also discourage buyers from considering a certain home listing, both Gallagher and Finkelstein said. What a stale listing means for buyers and seller While buyers may want to stay away from listings that have become stale, Finkelstein recommends not counting these properties out of your search just because of how long they've been listed. "If the price is the number one issue it could be an opportunity for them to possibly negotiate the price down," he said. "The seller might also be more apt to accept an offer that they otherwise wouldn't. In terms of accepting an offer, cash is the number one position and then we go into mortgages, with a conventional mortgage being more desirable than maybe an FHA loan or a VA loan. The seller may be more apt to pick some of the other types of loans, be more open-minded to taking a smaller down payment, be more open to a buyer's concession or more willing to loosen up some terms." He also said that every buyer views a property with a different set of eyes, with some people prioritizing a move-in-ready space while others may have a vision for how they can upgrade a home. So just because others couldn't see a home's potential doesn't mean it's not the home for you. On the other end, Finkelstein said sellers who find themselves in this position need to evaluate what they did wrong in the process, or if they were guided in the wrong direction by the agent. In addition to looking at the pricing, he said they should consider whether they need to make repairs that they initially weren't willing to do, or change the staging and marketing, to increase buyer interest. "If a house is sitting on the market, a seller has to be realistic as well to say that their strategy isn't working," he said. Gallagher said this shows why it's important for sellers to work with an agent that is knowledgeable about construction and home improvement. In situations like this, he said they can help identify improvements or modifications sellers may need to make in order to make the listing more desirable. "Everyone's situation is different, so one person might be looking at a house as needing a big renovation while another person might think it's the perfect opportunity to get in and build equity. Or maybe the location is a big step up for someone who is in an otherwise bad location, while another person can afford to be more fussy," Finkelstein said. "All it takes it one buyer." Maddie McGay is the real estate reporter for and The Record, covering all things worth celebrating about living in North Jersey. Find her on Instagram @maddiemcgay, on X @maddiemcgayy, and sign up for her North Jersey Living newsletter. Do you have a tip, trend or terrific house she should know about? Email her at MMcGay@ This article originally appeared on Stale listings explained: The hidden opportunities for smart buyers

Lipton Doubles Down on Tea Innovation With First-Ever Concentrates and New Fruit & Herbal Line
Lipton Doubles Down on Tea Innovation With First-Ever Concentrates and New Fruit & Herbal Line

Yahoo

time23-07-2025

  • Business
  • Yahoo

Lipton Doubles Down on Tea Innovation With First-Ever Concentrates and New Fruit & Herbal Line

Reimagined Tea Formats & Flavors Meet the Modern Lifestyle at Major Retailers This Summer HOBOKEN, N.J., July 23, 2025 /PRNewswire/ -- This summer, Lipton is reimagining the tea experience with two exciting new product lines designed to meet evolving consumer tastes, lifestyles, and wellness routines. Kicking off the season, Lipton introduces its all-new Tea Concentrates, an innovative way to enjoy iced tea, launching exclusively at Walmart stores this July. Designed with convenience in mind, these concentrates deliver bold flavor in every pour, making them ideal for delicious hydration, mealtime pairings, or spontaneous get-togethers. Available in three fresh-brewed varieties: Black Tea with Lemon, Green Tea with Lemonade, and Southern Sweet Black Tea - Lipton Tea Concentrates blend high-quality tea with vibrant flavor. Sold in 32 oz ready-to-mix containers, these fresh-brewed iced tea concentrates make enjoying tea quick, easy, and delicious. Just shake, pour, and mix with your favorite liquid like water, seltzer, lemonade or juice. "Lipton Tea Concentrates offer a new take on the fresh brewed iced tea experience - without the need to prep and with the freedom to customize every sip," said Alisa Geller, Lipton Brand Director. "We're excited to introduce this innovation with Walmart and provide busy consumers a convenient, high-quality option that caters to a variety of personal tastes and preferences." Launching nationally this August, Lipton Fruit & Herbal Teas are crafted to bring comfort and calm to your daily routine. Bursting with rich, vibrant flavor, the new line is perfect for those seeking craveable and comforting beverage experiences and ideal for easing into the season ahead. With four feel-good flavors including Golden Chamomile, Peach Paradise, Smooth Mint, and Lemon Ginger Refresh, each variety is uniquely positioned to target moments of comfort and relaxation - morning, noon or night. The launch solidifies Lipton's presence as a brand that can be enjoyed at any time of the day with both caffeinated and new, naturally caffeine-free varieties. "Many consumers are open to herbal teas but turned off by overly earthy or medicinal notes. That's why Lipton's Fruit & Herbal innovation puts flavor first - with bright, balanced blends that are refreshing hot or iced, crafted for repeat enjoyment without the intensity of traditional herbals," said Alex White, Research and Innovation Director - Americas, LIPTON Teas and Infusions. With bold flavor profiles and a vibrant, modern aesthetic, Lipton Fruit & Herbal teas are designed to connect with younger consumers who are forming lasting tea rituals and seeking brands that align with their evolving tastes and wellness lifestyles. The new lineup delivers premium flavor at an everyday-friendly price. Whether you're crafting your perfect iced tea or reaching for a soothing nighttime cup, Lipton's 2025 innovations ensure there's a tea moment for everyone - anytime, anywhere. About Lipton Since 1890, nature has been our tea factory. Every cup of Lipton tea is grown using rain, wind and sunshine to give you our signature rich taste and aroma. What's more, we believe that every cup of our tea should not only help brighten your day but help brighten the future of all tea farmers and their families and of course, our planet. With a commitment to sustainability and excellence, Lipton remains America's Favorite Tea brand, delivering a variety of blends for every tea lover. About LIPTON Teas and Infusions LIPTON Teas and Infusions is the world's largest tea business, with world-class brands that are household names such as Lipton, Pukka, TAZO, T2 and PG Tips. With production sites in four continents and a presence in more than 100 countries, LIPTON Teas and Infusions' products are enjoyed by hundreds of millions of consumers around the world each day. As an independent company since July 2022, LIPTON Teas and Infusions is united in one purpose: creating value for all with every sip, from plant to cup. PRESS CONTACTS Jamie Warner jamie.w@ Lauren Champilauren@ View original content to download multimedia: SOURCE LIPTON Teas and Infusions

Wiley Partners with Anthropic to Accelerate Responsible AI Integration Across Scholarly Research
Wiley Partners with Anthropic to Accelerate Responsible AI Integration Across Scholarly Research

Yahoo

time09-07-2025

  • Business
  • Yahoo

Wiley Partners with Anthropic to Accelerate Responsible AI Integration Across Scholarly Research

Global publisher adopts Model Context Protocol (MCP) to enable seamless research access across AI platforms HOBOKEN, N.J., July 09, 2025--(BUSINESS WIRE)--Wiley (NYSE: WLY), one of the world's largest publishers and a trusted leader in research and learning, today announced plans for a strategic partnership with Anthropic, a leading artificial intelligence research and development company with an emphasis on responsible AI. Wiley is adopting the Model Context Protocol (MCP), an open standard created by Anthropic, which will enable seamless integration between authoritative, peer-reviewed content and AI tools across multiple platforms. Beginning with a pilot program, and subject to definitive agreement, Wiley and Anthropic will work to ensure university partners have streamlined, enhanced access to their Wiley research content. Another key focus of the partnership is to establish standards for how AI tools properly integrate scientific journal content into results while providing appropriate context for users, including author attribution and citations. "The future of research lies in ensuring that high-quality, peer-reviewed content remains central to AI-powered discovery," said Josh Jarrett, Senior Vice President of AI Growth at Wiley. "Through this partnership, Wiley is not only setting the standard for how academic publishers integrate trusted scientific content with AI platforms but is also creating a scalable solution that other institutions and publishers can adopt. By adopting MCP, we're demonstrating our commitment to interoperability and helping to ensure authoritative, peer-reviewed research will be discoverable in an increasingly AI-driven landscape." The announcement coincides with Anthropic's broader Claude for Education initiative, which highlights new partnerships and tools designed to amplify teaching, learning, administration and research in higher education. "We're excited to partner with Wiley to explore how AI can accelerate and enhance access to scientific research," said Lauren Collett, who leads Higher Education partnerships at Anthropic. "This collaboration demonstrates our commitment to building AI that amplifies human thinking—enabling students to access peer-reviewed content with Claude, enhancing learning and discovery while maintaining proper citation standards and academic integrity." Researchers and students at institutions piloting the integration will be able to seamlessly access scientific journal content from Wiley directly within Claude, creating more efficient research workflows. This partnership is the latest effort by Wiley to ensure that high-quality content is available for emerging AI uses, including for life sciences, education, and earth science applications, among others. Wiley is committed to the responsible use of AI and has officially established core principles—focusing on the importance of human oversight, transparency, fairness, and appropriate governance—upon which its journey is grounded. About WileyWiley (NYSE: WLY) is one of the world's largest publishers and a trusted leader in research and learning. Our industry-leading content, services, platforms, and knowledge networks are tailored to meet the evolving needs of our customers and partners, including researchers, students, instructors, professionals, institutions, and corporations. We empower knowledge-seekers to transform today's biggest obstacles into tomorrow's brightest opportunities. For more than two centuries, Wiley has been delivering on its timeless mission to unlock human potential. Visit us at Follow us on Facebook, Twitter, LinkedIn and Instagram. About AnthropicAnthropic is an AI safety company building reliable, interpretable, and steerable AI systems. As a Public Benefit Corporation, Anthropic conducts frontier AI research while prioritizing safety through empirical testing and responsible development. The company's mission is to ensure transformative AI benefits humanity — a commitment that shapes every product, including Claude. Category: All Corporate NewsCategory: All Journals and Research View source version on Contacts Media Contacts: Wiley – Andrea Sherman / asherman@ Anthropic – Ryan Donegan / ryand@ Sign in to access your portfolio

TalkTalk Joins Forces With NiCE To Deploy CXone Mpower In Mission To Revolutionize Customer Experience
TalkTalk Joins Forces With NiCE To Deploy CXone Mpower In Mission To Revolutionize Customer Experience

Yahoo

time01-07-2025

  • Business
  • Yahoo

TalkTalk Joins Forces With NiCE To Deploy CXone Mpower In Mission To Revolutionize Customer Experience

The UK connectivity provider is embracing cutting-edge technology to transform business with NiCE's AI-powered platform HOBOKEN, N.J., July 01, 2025--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced that TalkTalk, one of the UK's largest connectivity providers, has taken another step forward in its mission to become the UK's most recommended Wi-Fi provider by harnessing NiCE's AI-powered customer service automation platform, CXone Mpower. As part of transformation plans aimed at radically simplifying its business and revolutionizing customer experience, the collaboration will enable TalkTalk to combine multiple existing operating systems into one powerful, unified AI platform, CXone Mpower. The platform will empower front-line agents by streamlining end-to-end customer service processes and – through built-in AI technology – equip them with intelligent automated writing tools and the most relevant answers in real-time. The technology will reduce the need for manual interventions and enable agents to stay focused on customers during conversations. With CXone Mpower, TalkTalk hopes to provide faster response times, more accurate resolutions, and a truly seamless experience for customers. It forms part of a broader strategy to adopt innovative and flexible technologies to simplify TalkTalk's operating platform and provide a more customer-friendly offering. Neil Smith, Chief Operating Officer, TalkTalk, said: "We are transforming our approach to customer service to meet the expectations of today's digitally connected customers. Partnering with NiCE will give us a powerful and practical customer service platform powered by AI, enabling us to provide faster resolutions and a better customer experience." Darren Rushworth, President, NiCE International, said: "We are extremely thrilled to be working with TalkTalk at such a pivotal point in their customer service transformation. By unifying operations with CXone Mpower, TalkTalk is eliminating inefficiencies and setting a new benchmark for AI-driven customer service in the UK telecom industry. Their commitment to innovation ensures they remain at the forefront of delivering seamless, scalable, and automated customer experiences. This will be a game-changer for TalkTalk, its customers and employees." Neil Smith and Bhavesh Panchal, Head of Channels and Digital Adoption at TalkTalk, will be delivering a keynote presentation on the business' digital-first transformation and more at NiCE's Interactions International 2025 event, taking place in London on 2nd July. Register here. About TalkTalkTalkTalk is the UK's largest value for money connectivity provider with broadband, TV and phone customers. Since entering the market in the early 2000s, we've had a proud history as an innovative challenger believing that connectivity should be simple, affordable, reliable, and fair. TalkTalk is the consumer business of the TalkTalk Group, headquartered in its Soapworks HQ in Salford, Greater Manchester. About NiCENiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes. Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: Forward-Looking StatementsThis press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Rushworth, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the "Company"). In some cases, such forward-looking statements can be identified by terms such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," "estimate," or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in general economic and business conditions; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; rapid changes in technology and market requirements; the implementation of AI capabilities in certain products and services, decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or effectively integrating acquired operations; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security incidents; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy; our ability to recruit and retain qualified personnel; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law. View source version on Contacts Corporate Media Contact Christopher Irwin-Dudek, +1 201 561 4442, media@ ETInvestors Marty Cohen, +1 551 256 5354, ir@ ETOmri Arens, +972 3 763 0127, ir@ CET Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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