With mortgage rates still up about 80% since 2022, the typical U.S. homeowner pays nearly $700 more each month—and, in some markets, an additional $1,000 or more . The 2025 edition of Construction Coverage’s U.S. Cities Most Impacted b…
According to a June 17 press release from the National Housing Conference (NHC), a new report from the Conference outlines conditions for administrative release from the long-standing conservatorship of Fannie Mae and Freddie Mac (the Enter…
Compliance with Local Law 97 and its many requirements can be tricky—and failing to do so can be very expensive, thanks to hefty fines. Fortunately, the NYC Accelerator program is available to help. Initially launched in 2012 as the Clean…
According to a recent press release, Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. “Mortgage rates moved lowe…
New tariffs on building materials are already hitting the housing market hard: according to the NAHB, construction of single-family homes dropped 12% year-over-year in April, and builders now estimate tariffs have added $9,200 to the cost o…
New Yorkers are not big fans of sidewalk sheds—the hulking, sunlight-and-storefront-blocking, trash-accumulating, rat-sheltering metal-and-plywood structures that protect passers-by from falling debris during facade repair and restoration w…
New York City is one of the most complex and competitive real estate markets in the world. From towering Manhattan co-ops to charming Brooklyn brownstones, managing property here is both an art and a science. Behind every well-maintained lo…
The NYC City Council recently passed changes to Local Law 11 (LL11), which Mayor Adams recently signed into law. LL11 requires that all exterior walls of buildings taller than six stories—not just those facing the street—be professionally i…
According to a recent item on Global News Wire, Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey ® (PMMS) on May 15 showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. "The 30-year fix…
The Department of Buildings announced that it is extending to June 30th the 2025 Benchmarking (LL84) deadline for all property owners required to submit energy and water use data for the calendar year 2024. The deadline was previously set f…