The U.S. housing market remains a critical economic issue, with housing affordability and supply at the forefront of bipartisan policy agendas. Both Republican and Democratic lawmakers are increasingly focused on expanding access to afforda…

In a decision handed down earlier this fall, a ground-floor commercial tenant in a condo building on Manhattan’s Upper East Side lost its bid to compel the condo association to pay a monthly fee for the alleged damages and disruptions cause…

On October 23, the Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, released the results of its Primary Mortgage Market Survey ® (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.19%. “Mo…

With inflation still elevated, home prices parked near record highs (despite some recent softening, particularly at the higher end), and insurance costs climbing, more homeowners are running out of cushion—heightening the risk of mortgage d…

In another indication of the ongoing slow-motion softening of the NYC co-op market, high-end co-ops are increasingly considering—and in some cases have already enacted—loosening their restrictions on financing. Buildings that previously man…

According to a recent press release from the National Housing Coalition (NHC) the Trump administration added another set of tariffs expected to increase the cost of housing, this time targeting both lumber and timber imports, as well as…

While the COVID-19 pandemic briefly shaped housing policy with protections like mortgage forbearance, the challenges homeowners face today are driven less by temporary disruptions and more by persistent affordability issues. With inflation …

Markets rise and fall, and rise again, and fall again—that’s the natural order of things in our economic system. But what about value ?  Are price and value the same thing? In a word, no. After all, there are lots of ways to define value…

Q. I live in a Housing Development Fund Corporation (HDFC) building in the Bronx. My building has no meetings or elections, and shareholders are not informed of our financial status at all. The treasurer’s son has taken complete control a…

As the weather cools and the leaves change, it’s time to make like the squirrels and start preparing for winter. For shared interest communities, in addition to the more in-depth pre-season inspections of roofs, boilers, and other major bui…