Construction Coverage just released the newest edition of its U.S. Cities With the Most Mortgage Refinances report, with data specific to the New York-Newark-Jersey City, NY-NJ metro. While mortgage refinances declined nationally by ne…
One of the lingering effects of the pandemic is the availability of new - often less expensive - condominium units for sale in buildings that experienced major construction delays and foreclosures during the crisis. While these otherwise we…
While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …
When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…
A new study from consulting firm Construction Coverage looking at the locations where millennials are buying the most expensive homes indicates that New York metro millennials are spending 1.6% more on homes than their agemates na…
According to a new report from Construction Coverage, a website that compares construction software and insurance, the current housing shortage—which is now estimated to be between 4 million and 7 million homes—can trace its beginnings …
For most households, housing is itself the largest regular expenditure - so the failure of wages to keep up with housing prices can make housing costs even more expensive in real dollars. And since the onset of the pandemic in spring of 202…
A new study released by national nationwide consulting firm Construction Coverage shows that New York metro area mortgage payments have increased over 53% in just the last two years. The study set out to identify the markets where hom…
A recent headline-making settlement by the National Association of Realtors (NAR) is poised to substantially change the way residential realtors’ commissions are paid on real estate sales in the United States for the first time in a century…
While experts predict an improvement in mortgage markets and builder outlook for the U.S. housing market in 2024, the number of new communities and existing home sales will be subject to a series of domestic and international issues. The ge…