Construction Coverage just released the newest edition of its U.S. Cities With the Most Mortgage Refinances report, with data specific to the New York-Newark-Jersey City, NY-NJ metro. While mortgage refinances declined nationally by ne…
One of the lingering effects of the pandemic is the availability of new - often less expensive - condominium units for sale in buildings that experienced major construction delays and foreclosures during the crisis. While these otherwise we…
According to a newly released report from construction industry research firm Construction Coverage, the New York metro area currently leads the nation in multifamily home construction. The U.S. housing market remains a critical economic…
Construction industry research publisher Construction Coverage just released the 2024 edition of its Home Improvement Spending Report , with some interesting data specific to the New York-Newark-Jersey City metro. Key Findings for the…
While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …
When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…
According to a recent report from Construction Coverage, a website that compares construction software and insurance, becoming a homeowner remains largely out of reach for many Americans, despite home price growth stabilizing. A recent …
Bill McBride notes in his CalculatedRisk newsletter that U.S. Census Bureau data that privately-owned housing starts reached a seasonally adjusted annual rate of 1,360,000 in April, a 5.7% increase from March’s revised estimate of 1,28…
Whether you’re a manager or a board member, running a co-op, condo, or HOA has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair … the list can feel endless. Tha…
In a typical co-op, condo, or homeowners association, residents have a lot to say about how their building or community is or should be functioning … but few actually step up to run for and serve on the board that does the actual governing.…