Tag Archives: Markets & Economy

Suburban condo conundrum: Sales soar as buyers hunt for elusive deals

By Veronika Bondarenko | July 7, 2021 - 9:00 am |July 7, 2021 Uncategorized

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The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales — and prices — are soaring. Continue reading →

Young adults put pandemic savings toward down payments

By Andrea V. Brambila | July 6, 2021 - 11:25 pm |July 6, 2021 Uncategorized

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Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home. Continue reading →

The risks of taking out cash against a home in today’s market

By Libertina Brandt | July 6, 2021 - 6:41 pm |July 6, 2021 Uncategorized

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Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Continue reading →

Home prices jump a whopping 15.4% in May: CoreLogic

By Veronika Bondarenko | July 6, 2021 - 12:00 pm |July 6, 2021 Uncategorized

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The last time home prices increased by so much was in May 2005, according to the latest CoreLogic Home Price Index report released on Tuesday. Continue reading →

Wave of new agents swarm NYC market amid inventory shortage

By Daniel Houston | July 1, 2021 - 4:39 pm |July 1, 2021 Uncategorized

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The number of new agents entering the New York City market rose 7 percent in May as the city continues its economic recovery, according to data analysis company Corofy. Continue reading →

Number of affordable places to live hits lowest point in 2 years

By Daniel Houston | June 30, 2021 - 9:52 pm |June 30, 2021 Uncategorized

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Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Continue reading →

Asian American homeownership is still lagging: Report

By Jim Dalrymple II | June 30, 2021 - 6:58 pm |June 30, 2021 Uncategorized

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Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading →

Rising home prices may be crimping demand for purchase mortgages

By Matt Carter | June 30, 2021 - 4:58 pm |June 30, 2021 Uncategorized

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Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market. Continue reading →

After April slump, pending-home sales rise 8% in May

By Veronika Bondarenko | June 30, 2021 - 2:39 pm |June 30, 2021 Uncategorized

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Pending-home sales are once again on the increase, according to new data from the National Association of Realtors. Continue reading →

After year of lower rent, landlords steer back to pre-pandemic prices

By Daniel Houston | June 29, 2021 - 4:36 pm |June 29, 2021 Uncategorized

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Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List. Continue reading →