A market report looking at home prices and inventory in New York found that inventory was rising as fast as housing prices in tony Manhattan. Here’s why.
Read More »The 10 Priciest New York Neighborhoods
Move over SoHo, there’s a new most expensive neighborhood in town with a median sale price of over $3.5 million, according to a study. And no, it’s not the West Village, which is a close third.
Read More »New York Homeowners Exceed Their Initial Housing Budget
It isn’t easy living in the Big Apple, ask any homeowner in the metropolis and they’ll agree. But, they’ll also agree that there’s no place like New York. ...
Read More »Rent in Manhattan but Buy a Home in Baltimore
Manhattan, New York and Santa Barbara, California are among the most expensive places to buy a home, but the best places to rent, while Baltimore, Maryland and Clayton ...
Read More »Investors Are Bullish On Real Estate in U.S.
The U.S. remained the most stable destination for real estate investment for foreign investors in an annual survey.
Read More »Rising Rents Leading to Increase in Homelessness
A report correlating rising rents and homelessness has accurately predicted the recently released point-in-time counts by the U.S. Department of Housing and Urban Development.
Read More »New York City Delinquencies Show Record Rise in Q3 2017
New York City first-start foreclosures are up a record 79 percent year-over-year, with all five boroughs posting increases. Still, they are down from Q2 2017 by 6 percent, ...
Read More »New York Property Tax Legislation May be Pre-Cursor to National Reforms
A new bill passed in the New York State Senate could be the key to easing the burden for New York City taxpayers and could be a model for other states to follow in the future.
Read More »Federal Home Loan Bank of New York and MAX Exchange Pair Up to Expand Mortgage Services
The Federal Home Loan Bank of New York this week announced that it will partner with Atlanta-based mortgage clearing house Mortgage Asset Exchange (MAX Exchange) to launch a pilot program that will allow certain FHLBNY members to sell conforming and jumbo residential whole loan mortgages on an open exchange platform.
Read More »Home Prices Rise 4.6 Percent
U.S. home prices had a slight 0.1 percent increase from December 2014 to January 2015. However, prices are up over 20 percent from 2012, but still down 10 percent from the 2006 peak. The current national home price value is $241,000.
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