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September 15, 2023 / Real Estate News
Manhattan Rent Prices Reach “Affordability Threshold”
Rent prices in Manhattan reached an all-time high in July and August, peaking at a median price close to $4,400...
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September 8, 2023 / Real Estate News
High Interest Rates Create “Golden Handcuff” For Current Homeowners
Current homeowners have found themselves struggling to sell their homes thanks to what is known as the “golden handcuff” effect....
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August 30, 2023 / Real Estate News
Climate Change Has Increasing Impact On Housing Market
Increasingly, insurers have joined those showing concern over the effects that climate change is having, and will have, on the...
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August 23, 2023 / Real Estate News
Mortgage Demand Hits Lowest Levels in 28 Years
According to the Mortgage Bankers Association (MBA), total demand for new mortgages dropped by 4.2% in the third week of...
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August 16, 2023
Commercial Real Estate Owners Turn to Extensions to Avoid Foreclosure
An increasing number of commercial real estate owners are filing for extensions on their mortgages to avoid foreclosure, according to...
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August 16, 2023 / Commercial Real Estate News
Commercial Real Estate Sales Dropped by Half in Q2 2023
According to recent data from the Mortgage Bankers Association (MBA), the amount of commercial real estate sales dropped by a...
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August 9, 2023 / Real Estate News
Fed Raises Interest Rate by Quarter Point to Combat Inflation
Jerome Powell, Chairman of the Federal Reserve, announced that it would be raising the target federal funds rate by a...
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August 1, 2023 / Real Estate News
Refinancing Demand Increases, But Still Down Year Over Year
Demand for refinancing increased substantially in the second week of July, with applications to refinance a mortgage increasing by 7%...
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July 14, 2023 / Commercial Real Estate News, Real Estate News
Cities Explore Office to Apartment Conversions to Address Real Estate Issues
Cities across the East Coast of the United States are examining the potential of converting vacated office buildings into apartments...
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June 27, 2023
Uncertainty in Housing Market Led to Falling Sales in April
Housing sales fell by 3.4% between March and April as a result of uncertainty in the housing market, with many...
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