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Tag: Real Estate

Rents in NYC Exceeding Pre-COVID Levels

COMMENT FROM A REAL ESTATE BROKER IN NYC ON RENTAL MARKET: Equity Residential is demanding 40 to 45% increases on lease renewals. On one floor in particular, units...

Rentals to Increase by At Least 3.6% Across the US

Freddie Mac’s annual Multifamily Outlook report foresees rent rising by 3.6% across the US in 2022. “Given the robust demand for housing this year, we believe...

Mortgage Lenders Provided a Record $1.61 Trillion in 2021

The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued...

US Home Prices Rise 18.4% in October

High demand and a low supply is causing home prices in the US to soar. The S&P CoreLogic Case-Shiller 20-city home price index found that all 20 major cities...

Canada Looks to Ban Foreign Home Ownership

Canadian Federal Housing Minister Ahmed Hussen addressed the housing shortage in many of Canada’s provinces by stating that he would like to limit passive foreign...

Rental Costs on the Rise Amid Diminished Supply

Demand for rentals in the US is increasing at an alarming pace. Single-family rentals rose 10.9% in October year-over-year, according to a report by CoreLogic....

Millennials Priced Out of Home Ownership

Why do 20% of Millennials (25-40-year-olds) in the US believe homeownership is completely unobtainable? To start, rentals across the US are on the rise. The Fair...

Eviction Moratorium

The eviction moratorium ends on September 30th. There are people who are abusing the entire pandemic. Some have flat out said they’re not paying, you can’t...

Housing Market – This Time it is Different

Housing prices have surged at rates not seen since the lead-up to the 2008 financial crisis, according to global data. This has led to questions of whether the...

Migration Continues

A friend had renovated a house on the intercostal, and after three years of work, she put it up for sale, more than doubling her money, and she received her first...