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The Illinois Association of Realtors is out with the March sales. We already know from Gary’s updates on his blog that March was red-hot. But what you might not remember was that LAST March was also strong, with the median home price rising 10%. Last spring’s housing market was already heating up before COVID hit. […more]
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Asking rents in New York City have been consistently dropping throughout the pandemic. The market reached a new milestone in the first quarter of 2021, as NYC rents hit record lows. The StreetEasy Rent Index dropped by 16.8% year-over-year in Manhattan, and rents fell to a new low of $2,700 a month. That’s the cheapest […more]
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This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. The last is the get rid of […more]