This relatively recent condo has some attractive features not commonly found in Brooklyn homes of any vintage: Walls of windows on opposite sides of rooms, three terraces and parking. Penthouse B is on the top floor of a five-story, 21-unit brick building constructed in 2008 at 155 15th Street in… Read More > The post […more]
I’m saving *so* much money, too. READ MORE…
Origination volume in the Veterans Affairs (VA) universe amounted to $388 billion in 2021, an analysis of Home Mortgage Disclosure Act (HMDA) data by Polygon Research application HMDAVision found. This marks a notable dip in originations from 2020, a record-breaking year in which VA lenders pumped out approximately $427 billion in VA loans. The top 10 VA […more]
Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Wait, what? But we have a housing shortage, right? Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in […more]
Insurance coverage can often be confusing, especially when it comes to condos and co-ops. While your HOA fees will cover the building’s master insurance policy, this typically only applies to… The post What is HO-6 Insurance and Why You Should Have it? appeared first on ELIKA New York.
A Q101 bus travels through Queens Plaza North and 27th Street. Photo: Marc A. Hermann / MTA New York City Transit on Flickr The Metropolitan Transportation Authority on Tuesday released a revised redesign of Queens’ sprawling bus network, aimed at making service faster and more reliable for commuters. After the agency’s first draft plan in 2019 […more]
Having ended last year up 18.8 percent, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – gained another 2.4 percent in January for a year-over-year gain of 20.9 percent, slightly above a national average of 19.2 percent. At […more]
Additions can be a good way to get more functionality out of your home. Your addition might be an extra bedroom for your expanding family, a home office to provide you with a space to work from home, or even a sunroom or hobby area. Your add-on might even be a way to add more […more]
In New York City, buying a home can be just as complex as selling one. In addition to the legal and financial considerations, buyers have so much to decide on: neighborhood, co-op or condo, amenities, square footage, etc. And no matter the market, many buyers feel a simple need to have someone representing their best […more]
This week, the Community Home Lenders Association (CHLA) repeated their call for FHA to lower premiums and to eliminate the life of loan premium on FHA loans. While I might have a different view on the life of loan premium, I applaud their call and cannot understand why HUD has not yet lowered FHA premiums. […more]