Mortgage loan application volume in the U.S., which dropped to a 22-year low a few weeks ago, inched up 0.7 percent over the past week on a seasonally adjusted basis. In the absolute, however, mortgage application volume dropped 20 percent, driven by a 21 percent drop in applications to purchase a home, the volume of […more]
Photo by pparnxoxo on Unsplash Nowhere is quite like New York, especially on the Fourth of July. Macy’s signature fireworks show, the largest in the nation, will once again ring in Independence Day with more than 48,000 shells and effects from five barges floating in the East River. While there are many places around the city hosting fireworks watch […more]
More on one of the proposals to spend the state’s budget surplus. It doesn’t make the homes any cheaper, so home buying will still be limited to the affluent who can afford the payments: First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government […more]
PRICE REDUCED! ~ 14900 Painesville Warren Rd ~ Another incredible property proudly marketed by DeLena Ciamacco! INCREDIBLE EQUESTRIAN ESTATE! Start a business (complete with boarders) or 4H projects! Nearly $300K in […more]
Photo courtesy of Brown Harris Stevens Pre-war apartments with their high ceilings and gracious proportions rarely come in condo form, so this 3,200-square-foot condominium residence in The Olcott at 27 West 72nd Street is something of a find to start with. In addition to three-convertible-to-four bedrooms, the Upper West Side home, asking $9,200,000, has plenty of indoor […more]
Residents of Flatbush Gardens — a sprawling apartment complex of more than 59 buildings and 2,000 units in East Flatbush — rallied against mismanagement and “unjust” living conditions on June 27, claiming management has long overlooked rodent infestation, crumbling walls and ceilings, and improper plumbing. According to tenant Jocelyn Fenton, the… Read More > The […more]
In the News The Flight of New York City’s Wealthy Was a Once-in-a-Century Shock [NYT] NYC Schools Are Forced to Cut Hundreds of Teachers as Funding Drops [NYT] Stories Behind the Walls: A Snapshot of Street Art in Brooklyn [Eagle] Opening Day for City Pools Marred by Closures, Lifeguard Shortages [Gothamist] Real Estate Interests Spend… […more]
Construction is complete on 58 Saint Marks Place, a 12-story residential building in Boerum Hill, Brooklyn. Designed by INC Architecture & Design with Issac & Stern as the architect of record and developed by Avdoo & Partners, the rectangular reinforced concrete structure yields 100 units in 45 unique floor plans. Homes range from studio through four-bedroom layouts. LIC Corporation served as the […more]
Services for the UnderServed (S:US) and Bronx Pro have closed on a sizeable construction loan to complete the first phase of a dual-tower affordable housing project in the Morris Heights section of The Bronx. Phase one of the development, a 14-story residential tower, is located at 1600 Grand Avenue and will comprise 325 units.
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment […more]