Condominium sales in Manhattan plummeted by 84 percent in May as the COVID-19 pandemic and protests following the death of George Floyd at the hands of the police have chilled the real estate market. Get the Full Story Complete the form to unlock this article...
The 2008 financial crisis fueled tenant screening to become a $1 billion industry, but some are asking at what cost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
There’s good news for the economy on the home-buying front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Home sales fell to a 10-year low in April as buying and selling have been challenged by the COVID-19 pandemic, according to the National Association of Realtors (NAR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As the country starts lifting stay-at-home mandates and people head back to the office, Citigroup is considering a temporary relocation to the suburbs until it’s safe to return to Manhattan, according to a Bloomberg report on Wednesday (May 20) that cited sources familiar with the...
Homebuilder sentiment may be coming out of its worst slump ever, as new data showed confidence improving this month, with one caveat: the Northeast is the only area where confidence remains low. Get the Full Story Complete the form to unlock this article and enjoy...
New leases for Manhattan rentals plummeted by 70.9 percent year over year excluding renewals amid “shelter in place” measures made and enforced amid the pandemic, according to a Douglas Elliman and Miller Samuel report. The figure represents the “lowest total of new leases recorded in a...
Land. They’re not making any more of it, as the old saying goes, which is why real estate has always been considered the best investment. And like pretty much everything else post-pandemic, real estate is in need of a reset to put homebuying in line...
It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. At 3.26 percent, the 30-year fixed rate mortgage set a new record last week, according to Freddie Mac. The last time home...
