According to a recent report from Construction Coverage, a website that compares construction software and insurance, becoming a homeowner remains largely out of reach for many Americans, despite home price growth stabilizing. A recent …
Category: Community Living
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 …
Have you ever wondered about those charming street-level unit entrances you see in many prewar apartment buildings? The ones often surrounded by flowering shrubbery, or with a decorative portico? They’re called maisonettes - French for ‘lit…
The Dakota, on Manhattan’s Central Park West, is perhaps the best-known apartment building in the world—for all the wrong reasons. The iconic building made front-page news in early December of 1980, when former Beatle and Dakota resident Jo…
Bill McBride notes in his CalculatedRisk newsletter that U.S. Census Bureau data that privately-owned housing starts reached a seasonally adjusted annual rate of 1,360,000 in April, a 5.7% increase from March’s revised estimate of 1,28…
Imagine your dream home. Maybe it’s a beautiful apartment in the sky, or a dramatic townhouse overlooking a lake or golf course. Maybe it includes a state-of-the-art gym or pool—or both—only steps or floors away. In the mood for a movie? Wh…
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…