Category: Community Living

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…

According to a new report from consulting firm Construction Coverage, only 17.0% of NYC housing units are single-family—the smallest share among all large U.S. cities. Since the peak of the U.S. housing bubble in the early 2000s, the p…

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…

According to a surprising recent report from consulting firm Construction Coverage ranking the ‘Hottest Real Estate Markets of 2024,’ the NYC metro market ranks 48th out of 52 large U.S. cities. “While 2023 marked a notably more subdued…