Bank of America tests no-down-payment mortgages for homebuyers in Black, Latino neighborhoods
The program – called the Community Affordable Loan Solution – will be available to people in certain predominantly Black and Hispanic neighborhoods.
The program – called the Community Affordable Loan Solution – will be available to people in certain predominantly Black and Hispanic neighborhoods.
New Yorkers who fled during the pandemic are returning to the Big Apple
They called it the great migration. Thousands of New Yorkers left the city during the pandemic. But now they're coming back.
They called it the great migration. Thousands of New Yorkers left the city during the pandemic. But now they're coming back.
Homebuyers are taking back their bargaining power, survey shows
Approximately 92% of homeowners accepted 'some buyer-friendly terms' when selling their home last month.
Approximately 92% of homeowners accepted 'some buyer-friendly terms' when selling their home last month.
U.S. housing market cooling off
The U.S. housing market is finally showing signs of cooling off, although higher interest rates are limiting potential buyers and driving people to look at alternative financing options.
The U.S. housing market is finally showing signs of cooling off, although higher interest rates are limiting potential buyers and driving people to look at alternative financing options.
Massive rent hikes may finally be coming to an end, economist says
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Severe US housing downturn 'possible,' with prices falling 10%-15% over multi-year period, report says
In the case of “a more pronounced” U.S. housing downturn, Fitch analysts predicted that home prices could fall 10% to 15% in the next few years.
In the case of “a more pronounced” U.S. housing downturn, Fitch analysts predicted that home prices could fall 10% to 15% in the next few years.
NY, NJ listed among America's top 5 states to live in, but which is best?
Both New York and New Jersey are ranked among the five best states to live in, but which one managed to finish higher than the other?
Both New York and New Jersey are ranked among the five best states to live in, but which one managed to finish higher than the other?
Here are the 10 'hottest' ZIP codes for home buyers in America
Many of 2022’s “hottest” ZIP codes are in the U.S. northeast, while the Midwest and South each managed to snag a spot, according to the report. Did yours make the list?
Many of 2022’s “hottest” ZIP codes are in the U.S. northeast, while the Midwest and South each managed to snag a spot, according to the report. Did yours make the list?
Median U.S. home price exceeds $400K for 1st time, report finds
Home prices are continuing to climb, based on newly released data from the National Association of Realtors. Here are some of the most expensive cities to live.
Home prices are continuing to climb, based on newly released data from the National Association of Realtors. Here are some of the most expensive cities to live.
This is the salary you need to afford to buy a home in NYC
The salary needed to afford a home in New York City is pretty steep, as you might expect.
The salary needed to afford a home in New York City is pretty steep, as you might expect.
Here’s how much the average 1-bedroom, 2-bedroom rent is in America
Nationwide rent prices continued to climb in August 2022, according to a new report. Here’s a look at how much renters are paying on average this month, and when the market could level off.
Nationwide rent prices continued to climb in August 2022, according to a new report. Here’s a look at how much renters are paying on average this month, and when the market could level off.
This is how much you need to make per hour to afford housing in your state, study finds
A new study reveals that rent costs are rising while hourly wages for workers are not keeping pace, making it tough for many to find adequate housing.
A new study reveals that rent costs are rising while hourly wages for workers are not keeping pace, making it tough for many to find adequate housing.
This is how much money you need to make per hour to afford rent in NYC
We all know rent is high in New York. Here's how much you need to make hourly to afford an apartment.
We all know rent is high in New York. Here's how much you need to make hourly to afford an apartment.
FTC says Opendoor must pay $62 million after cheating home sellers
The Federal Trade Commission says online homebuyer Opendoor must pay $62 million to settle charges that it cheated homesellers out of thousands of dollars.
The Federal Trade Commission says online homebuyer Opendoor must pay $62 million to settle charges that it cheated homesellers out of thousands of dollars.
Here are the 10 cheapest US cities for renters in 2022
Rents in many U.S. cities continue to remain high, particularly along the coasts. But renters in the heartland are enjoying more affordable prices, as well as some areas of the South.
Rents in many U.S. cities continue to remain high, particularly along the coasts. But renters in the heartland are enjoying more affordable prices, as well as some areas of the South.
NJ cannabis licensees face exorbitant rent demands
Some would-be cannabis entrepreneurs who have already obtained a license from New Jersey are now having trouble finding affordable retail space. Turns out, the minute you say "marijuana," landlords jack up their asking rent.
Some would-be cannabis entrepreneurs who have already obtained a license from New Jersey are now having trouble finding affordable retail space. Turns out, the minute you say "marijuana," landlords jack up their asking rent.
Here are the 10 most expensive US cities for renters in 2022
The price of rent increased across the U.S. between 2021 and 2022, but many of the cities with the highest rent are in western or southern states, according to Rent.com.
The price of rent increased across the U.S. between 2021 and 2022, but many of the cities with the highest rent are in western or southern states, according to Rent.com.
Mortgage company owned by Warren Buffet discriminated against Black homebuyers, DOJ says
The Justice Department alleges that employees of the company made racist comments about making loans to Black homebuyers, calling some neighborhoods “ghettos.”
The Justice Department alleges that employees of the company made racist comments about making loans to Black homebuyers, calling some neighborhoods “ghettos.”
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
NYC rents shoot up, pushing out tenants who signed pandemic deals
New York City's pandemic rent deals initially sounded like a good idea for many. But as the deals expire, many renters are being priced out of their apartments.
New York City's pandemic rent deals initially sounded like a good idea for many. But as the deals expire, many renters are being priced out of their apartments.