New findings from the Economic Research Service at the U.S. Department of Agriculture (USDA) identifies U.S. counties expected to face high housing stress in 2025. High housing stress is defined as areas where at least 29% of homes face…
Over the past four years, home affordability in the United States has rapidly deteriorated. A combination of home price growth, increases in mortgage rates, and income gains that have failed to keep pace has made it significantly harder for…
The 2025 edition of Construction Coverage’s Cities With the Highest Home Price-to-Income Ratios report examines the cities and states where housing affordability has taken the biggest hit. Key Takeaways Home Prices Far Outpace Income…
Even with new home sales rising thanks to builder incentives and a shift toward lower-priced homes, sky-high prices and economic instability continue to suppress overall housing market activity, according to a recent report in The Wal…
May 1 marks the deadline for an array of compliance reports NYC co-op and condos must submit to the city; Local Laws 97, 84, and 88 reports are all due on May Day. But according to tech-driven property management firm Daisy , the Departm…
The Council of New York Cooperatives and Condominiums ( CNYC ) has announced the release of a new planning tool to help boards plan Local Law 97 (LL97) projects. The tool is a user-friendly, dynamic, Excel-based spreadsheet that enables…
With organic composting requirements now instituted citywide, many buildings are looking to expand their own composting efforts. Along with information outreach and proper collection and storage containers, boards are turning to tech for ad…
Q. I live in a 6-apartment condo building. Two of the residents have decided on their own without contacting the board or other residents to put cameras outside the doors to their units on two different floors. Is that legal for them to d…
It may seem counterintuitive, but the person who wins a seat on their co-op or condo board is often not simply the most popular person to throw their hat into the ring. Before the votes are cast at the annual meeting, candidates eyeing boar…
It takes many vital components working in unison to enable a residential multifamily building to function effectively: a management team to help things run smoothly, committed, engaged board members who volunteer their time, and residents w…