As we head into the final quarter of 2023, what factors are contributing and controlling the co-op and condo market? To a great extent, the same factors that have controlled it for the past few years: stubbornly high interest rates, the lin…
The doubling of interest rates in the past 18 months has certainly had a chilling effect on sales of all types of private homes, whether they be condos high in the sky, co-ops in quaint, pre-war walk-ups, or detached single family homes in …
According to a new study by Construction Coverage, a website that provides construction insurance guides, looking at the U.S. locations with the most millennial homebuyers, Millennials—generally regarded as individuals born between 1981…
Conventional wisdom in the New York real estate world holds that certain types of buyers prefer condominiums over co-ops. They include foreign buyers, those seeking pieds-a-terre, and those unthrilled with the extensive financial and person…
According to a June 14 press release , the National Housing Conference (NHC) in partnership with the Black Homeownership Collaborative has developed a free mortgage affordability calculator to help all home-seekers - particularly those f…
As The New York Times pointed out on May 18, 2023, the national home sales market is in a state of gridlock. This is largely thanks to short supply in the resale market, which is itself the result of potential sellers – those who ordina…
If you're in the market for a new pad and have several million dollars to burn, two very different NYC celebrity homes have recently been listed for sale, according to TopTenRealEstateDeals.com . On the modern/minimalist end of…
America’s homebuyers have had an extraordinarily difficult few years. Heavy demand and scarce inventory in late 2020 and 2021 led to record growth in prices, while high inflation made it more difficult to save up for a home. As the Federal …
New York City is known for its hustle - after all, as the song says: if you can make it here, you can make it anywhere. But if ‘making it’ here includes owning a median-priced home, a new report by nationwide moving coordinators HireAHe…
Despite the acute recent rise in interest rates, the tristate condominium and co-op market continues to show strength; a decline doesn’t seem to be imminent - at least not in the foreseeable future. For many seeking home ownership in a more…