Is now the time to buy a home in New York City's suburbs?
As the real estate market remains red hot, some brokers say now may not be the best time to be looking to buy a new home in New York City's suburbs.
Major demand for homes in New York
Even with unemployment numbers still high, real estate brokers say the housing market is booming. But there are important factors to consider before you jump into homeownership.
Derek Jeter's Tampa mansion, currently rented by Tom Brady, goes on the market for $29-million
The home of Yankees Hall of Famer and Miami Marlins executive Derek Jeter is on the market and it’s the most expensive listing in Tampa Bay -- at $29 million.
Manhattan apartment vacancies surge to record amid coronavirus exodus
Rental listings in Manhattan have risen to a record 15,025 at the end of August, while the vacancy rate climbed to a record 5.1 percent.
New York exodus accelerates - here's where many are headed
New York continues to see an uptick in out-migrations, despite the fact that more Americans, overall, have stayed put so far this year.
'Wrong direction': Survey shows dismal outlook for New York City
A survey of New York City residents found that they are split in how they feel the city is headed as it continues to fight the coronavirus pandemic.
Heavy buyer demand and low rates send US home sales surging amid COVID-19 pandemic
Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.
Leaving New York City
Vacancy rates are rising in New York City as more people choose to leave. But the coronavirus isn’t the only reason people are departing.
Moving companies swamped with customers trying to leave NYC
Fears of growing violence and the coronavirus have a lot of people choosing to move out of New York City.
Moving companies swamped with customers leaving NYC
Fears of growing violence and the coronavirus have a lot of people choosing to move out of New York City.
Mortgage loan delinquencies surge, NJ and NY among worst states
Mortgage loan delinquencies jumped in the second quarter, but that’s partially because the figure includes homeowners who have entered into forbearance agreements.
Apartment vacancies hit record high in Manhattan
The exodus of people from New York City now means that a whopping 13,117 apartments have been listed for rent in Manhattan alone, more than twice as many apartments as were available for rent at this time last year.
Young people moving out of NYC area
Many young people are fleeing New York City due to the pandemic, part of an exodus that could have a serious economic impact on the city.
Number of empty apartments in Manhattan reach record high
Over 13,000 apartments across Manhattan now sit vacant, a new record.
NYC apartment vacancy hits record high
Manhattan saw the third straight month of record-setting vacancies, as the number of apartments listed for rent also saw a record jump.
NYC relocations accelerating at ‘substantial’ pace, local movers say
Even as the number of confirmed coronavirus cases has leveled off in recent weeks, moving companies say they remain inundated with requests from people leaving New York City.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
'The city will not be the city that we lived in' - Real estate market turns red hot as NYers flee city
New Yorkers anxious after weathering the worst of the coronavirus pandemic are fueling a boom in home sales and rentals around the picturesque towns and wooded hills to the north.
Real estate market booming in NYC suburbs
The competition to find a home outside of New York City has become fierce, as families fight to flee the city and get some space in the suburbs.
Real estate market booms on Long Island as COVID-19 lockdowns end
Despite record-high unemployment figures, real estate brokers on Long Island say that the housing market is booming.