Bracing for an ‘eviction tsunami’ after state and federal protections end
What happens when local and federal eviction bans lapse?
Many renters don’t even know CDC eviction protection is an option for them.
What low interest rates through 2023 means for real estate
Fed plans to keep interest rates low for the next few years, and will continue buying mortgage-backed securities
Fed signaled that short-term interest rate will remain at 0 to 0.25 percent, and projections are, rates will remain near […]
Landlords lost about $9B in rental payments last quarter
Missed mortgage payments during the period totaled about $16B
Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic.
Eviction filings fall after Trump moratorium:
Data from Princeton University’s Eviction Lab shows that filings dropped in 16 cities during the second week of the month
Princeton University’s Eviction Lab finds drop in 16 cities
Mortgage rates notch new low
The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10
The rates for a 30-year fixed-rate mortgage dropped 7 percentage points for the week ending September 10, reaching 2.86 percent.
In New Development, Buyers Favor the Boroughs
Yes, some buyers are leaving Manhattan. But others are doubling down on Brooklyn.
Construction continues around the City Point complex in Downtown Brooklyn, one of the most active neighborhoods for new condo sales […]
Neighborhood Hit Hardest Burdened COVID-19
The pandemic hit hardest in areas already bearing the brunt of the city’s affordability crisis.
As the rate of new COVID-19 cases has slowed in New York City, relief from the city’s high rents has […]
Wall Street calls BS on apartment landlords
Many apartment landlords across the U.S. maintain that tenants are paying rent...
Some multifamily owners have pegged occupancy rates at 90%, but a key index that tracks publicly traded landlords has fallen […]
Last-minute reprieve stops city’s tax lien sale
Friday for at least three weeks — and both state and city officials are taking credit for giving homeowners and landlords a break.
Cuomo, de Blasio both announce that they postponed sale…
COVID-19 Protections for Renters and Owners in NYC and NJ
Here’s a running list of COVID-19 protections for renters and owners in NYC and NJ
As COVID-19 transforms New York City, public health orders at the city, state, and federal levels have been put in […]
Why an Eviction Ban Alone Won’t Prevent a Housing Crisis
Renters receive more relief, but there’s a looming problem for landlords, especially those who own just a few properties.
Eviction crisis has seemed increasingly likely this summer…
Trump eviction moratorium closing emergency doors
In the order, the CDC says COVID-19 “presents a historic threat to public health”
New York’s rental housing providers have rounded on the Trump Administration after it introduced a new moratorium on…
New York landlords and tenants blast CDC eviction ban
Washington allows for some evictions and could also call state and local legislation into question
Washington’s new eviction ban shocked landlords and tenants when it came not from the agencies that oversee housing…
No-fee rentals surge in Manhattan and Brooklyn
No-fee listings in Manhattan and Brooklyn are increasing, as the city sees an exodus of residents
No-fee listings made up 75 to 85 percent of all listings in Manhattan and Brooklyn in August, the New York…