Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

Manhattan luxury-condo sellers are giving in to buyer demands

Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading

Selling multifamily properties? 3 things you should know

Dealing with multifamily units is way more complicated than selling your average single-family home. Whether you’re showing duplexes or an apartment complex with hundreds of units, here are three things to know about selling multifamily units. Continue reading