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This Generation Is Spending the Most of Its Income on Housing

This Generation Is Spending the Most of Its Income on Housing

by Third Party | Jan 3, 2022 | News/Current Events, Real Estate News

Source: The Ascent —  It’s not unusual for housing to be a person’s largest monthly expense. Often, owning a home is a far more expensive prospect than renting one. That’s because homeowners have to cover costs outside of their mortgage payments,...
When a real estate developer and an artist teamed up, this unique park was the result

When a real estate developer and an artist teamed up, this unique park was the result

by Third Party | Jan 2, 2022 | News/Current Events, Real Estate News

Source: yahoo! News —  Montclair’s new outdoor art exhibition space, known as Hillside Sculpture Park, could also be called “Pandemic Silver Lining” park. Located in downtown Montclair in a formerly empty lot owned by local real estate...
Real estate stocks’ comeback year — with exceptions

Real estate stocks’ comeback year — with exceptions

by Third Party | Jan 2, 2022 | News/Current Events, Real Estate News

Source: The Real Deal —  It was a profitable year to invest in real estate stocks, unless you were betting on some newer public names at the intersection of property and technology. Stock traders who bet on veteran landlords at the nadir of the pandemic saw...
Deep Dive: Real estate market in New York showing signs of slowing

Deep Dive: Real estate market in New York showing signs of slowing

by Third Party | Jan 2, 2022 | News/Current Events, Real Estate News

Source: News 12 —  This year was a wild ride for real estate. Home prices were up, rent prices were up and inventory was low. News 12’s Kristie Reeter took a deep dive to see where things stand now as we head into the new year.       Read...
Both Multifamily and Single-Family Production Enjoy Double-Digit Gains in the U.S.

Both Multifamily and Single-Family Production Enjoy Double-Digit Gains in the U.S.

by Third Party | Jan 2, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: The World Property Journal —  According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family and multifamily housing production accelerated in November, due to strong demand for new construction. Overall...
Downriver real estate pros predict, offer advice for 2022 housing market

Downriver real estate pros predict, offer advice for 2022 housing market

by Third Party | Jan 2, 2022 | News/Current Events, Real Estate News

Source: The News Herald —  The wild ride for home sales — fueled for nearly two years by a pandemic, low-interest rates and shifting work-leisure lifestyles — is slowing. Like much of the nation, the Downriver real estate market is expected to moderate in 2022,...
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