Self-managed communities large and small can save a considerable amount of money by eschewing third-party management and handling their day-to-day business in-house. This means the board must assume the tasks and responsibilities that commu…

Within any community, there will be disagreements. In shared interest communities, unfortunately those disagreements can sometimes lead to litigation.  That litigation can take many forms: shareholder or owner vs. co-op or condominium, or v…

Every co-op, condo, and HOA resident has a stake in what happens in their community. Each decision—from financial oversight to building improvements—impacts everyone collectively. That’s why holding and attending annual board meetings is so…

According to a recent item on Global News Wire, Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey ® (PMMS) on May 15 showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. "The 30-year fix…

The NYC City Council recently passed changes to Local Law 11 (LL11), which Mayor Adams recently signed into law. LL11 requires that all exterior walls of buildings taller than six stories—not just those facing the street—be professionally i…

The Department of Buildings announced that it is extending to June 30th the 2025 Benchmarking (LL84) deadline for all property owners required to submit energy and water use data for the calendar year 2024. The deadline was previously set f…

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…