Moving companies swamped with customers leaving NYC
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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
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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.

NYC apartment vacancy hits record high
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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.

Real estate market booming in NYC suburbs
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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.

Housing market booming on Long Island
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Despite record-high unemployment figures, real estate brokers on Long Island say that the housing market is booming.

New York City freezes rents on regulated apartments

The Rent Guidelines Board voted 6-3 Wednesday night for the one-year freeze running from Oct. 1, 2020, to Sept. 30, 2021.  The move affects about half of the rental units in the city.

Maryland mansion with unique replica town in basement listed for $4.5M

A $4.5 million dollar home up for sale in Potomac, Maryland has been getting a lot of attention on social media partially because it has a "tiny town" in the basement.

What will the future of real estate look like across the region?

With more and more people finding it hard to make ends meet, no-one really knows what the future holds for the real estate market in our area. Experts say that we may see a busy home shopping season, but realtors say they haven't seen houses being sold at all.

US existing home sales plunge 17.8% in April

The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.

New home sales plunge 15.4% in March as virus hits

Sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,000 last month, according to the U.S. Department of Commerce.

April 1, rent's due: Many struggle to pay in virus outbreak

It's the first of the month, and everybody knows the rent's due. For millions of Americans, Wednesday is the first time the landlord is knocking on the door since the coronavirus outbreak turned the economy upside down.