As the COVID crisis has evolved, and states have moved into different phases of reopening, swimming pools and other aquatic amenities have been flashpoints for some of the biggest, most contentious questions around reopening (or not) common…
The real estate market since the start of the COVID-19 pandemic has been tough on all buyers, but aspiring first-time buyers may have struggled most of all. For much of 2020 and 2021, the housing market faced a challenging combination of h…
According to a new study by Construction Coverage examining where and to what degree homebuyers are most impacted by rising mortgage interest rates, those rates are now more than double what they were in early 2021. As a result, spirali…
Gen Z is hitting adulthood at a difficult time. Defined as those born between 1997 and 2012, most Gen Zers today are firmly in early adulthood or in their teenage years. Finding footing at this stage of life is challenging enough on its own…
Even two years into the COVID-19 pandemic, Americans are finding that buying a home remains challenging. A growing work-from-home economy, fueled by households with newfound financial liquidity, has boosted the nation’s demand for homes. Me…
While the numbers being put up by the residential real estate market in NYC are - and have long been - the envy of other regions across the country (with the possible exception being the Bay Area, where Silicon Valley tech money has morphed…
According to a new study from Inspection Support Network looking at home inventory across the U.S., the one-month’ supply of homes, which measures how long it would take the current supply of homes to sell at the current sales pace, fel…
When considering whether to buy or rent a home, the rent-to-price ratio—calculated as median annual rent as a percentage of median home price in a given area—can be a useful metric. In locations with high rent-to-price ratios, it may be bet…
In a recent report , building and development consulting firm Construction Coverage looked at the best and worst months to buy a home in different locations throughout the U.S. They found that nationwide, home prices peak in the summer m…
The governing documents of a cooperative, condominium, or homeowners association spell out the rules, regulations, and administrative policies that all residents and board members alike are obligated to follow as a condition of their reside…
When Harris Scher was listening to his instructors in class last year, he took a good look at the jam-packed room filled with 300 students who had the same aspirations as he had — to have a successful career as a licensed real estate s…
As Budgeting Season approaches for co-op and condo communities, it’s time for the boards of associations and corporations to consider how they will cover expenses and fund projects in the coming year and beyond. While recurring operating ex…
For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims - which can leave laymen feeling li…
Picture this: at some point, your parents would like to move out of the co-op or condo apartment in the city that they’ve owned for decades and now want to live out their remaining years at their Columbia County single-family home in upstat…
The governing documents of a housing development—be it a cooperative, condominium, or homeowners association—spell out the rules, regulations, and policies that all unit owners or shareholders are obligated to follow as a condition of their…
Americans today are moving toward a more well-developed awareness of their environment, and what it takes to protect and preserve earth’s natural resources. City dwellers and suburbanites alike typically recycle paper, plastic, and glass st…
Whether doing chores such a laundry or using gym equipment or swimming pool, we want to maximize the time we spend doing the things we like, and make the less-pleasant jobs as hassle-free as possible. Residential buildings are in business …
Talk of “green” homes and buildings these days often evokes images of roof gardens, solar panels, and even wind turbines humming in the background. For most co-ops and condos however, “going green” comes incrementally, in much smaller m…
It’s difficult to imagine life without the appliances and technological perks to which we’ve become accustomed. But the scores of appliances found in a typical home create a huge demand for energy and costs for both the consumer and the env…
Many co-op and condo boards have realized that energy conservation is not only an issue of environmental importance, but also a key area in helping reduce their buildings' operating expenses. And the industry continues to offer a variety …