Century 21 CEO: Millennials ‘storming’ housing market amid supply pinch
Pace of housing development must double in order to keep up with demand, said Mike Miedler
Dozens left homeless after NJ apartment complex deemed unsafe due to Ida
Residents of the West Orange apartment complex are scrambling to find new places to live after their apartment complex was deemed unsafe as the rocky slope behind it could fall at any time.
Rent prices rising rapidly across the US, experts say
The average cost for rent has rapidly increased this year possibly due to a high demand in housing forcing would-be home buyers to rent due to steep costs, some experts say.
Winter heating bills set to skyrocket as inflation hits home
With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter.
Heating bills set to soar this winter as inflation hits energy prices
Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
NYC rents skyrocket as pandemic wanes
Between August 2020 and August 2021, rent prices or one-bedroom apartments rose over 36% as the city continues to make its way out of the pandemic.
US seeks to prevent public housing evictions with new HUD rule
Public housing tenants cannot be evicted for nonpayment without 30 days' notice and information about federal emergency rental assistance under a new HUD rule.
Home asking prices hit record high
According to the report, asking prices of newly listed homes were up 12% from the same time a year ago to a median of $361,250, an all-time high
Housing market is so hot, burned house going for almost $400K
A home in Massachusetts seriously damaged by fire has been listed on the market with an asking price of $399,000.
Queens families file suit to get back into burned-out building
Dozens of residents who lived in a Jackson Heights apartment complex that was devastated by fire are suing the owners of the building to try and get their lives back on track.
Some NYC rents spike 70% as market rebounds
Last year, new tenants received concessions, in some cases, three months rent-free on a one-year lease. Now, they're facing the gross rate on top of a rent hike.
Over $100K a year in income needed to pay rent in NYC
A study shows that households would need a yearly income of more than $100,000 to afford an apartment in New York City.
White House outlines plan to build, restore more than 2M affordable homes
White House officials are outlining plans to build and restore more than 2 million homes.
Gov. Hochul brings back lawmakers over eviction moratorium
Just hours before New York's eviction ban was set to expire, Gov. Kathy Hochul called the Legislature back into session.
New York's eviction moratorium set to expire, little aid distributed
New York state has been slow to distribute the rental assistance it has received from the federal government. Data from the state shows that as of Aug. 23, only about $203 million of the more than $2 billion in federal relief allocated for New York has been paid out.
New urgency to fix NY's COVID-19 rent relief program
Gov. Kathy Hochul’s promise to get more COVID-19 rental assistance money into the hands of struggling New York tenants takes on new urgency after the U.S. Supreme Court struck down the Biden administration’s temporary federal ban on evictions.
Rent payments are now higher than mortgages in many cities
A majority of the largest metropolitan markets are seeing rents becoming higher than mortgage costs.
CDC's COVID-19 eviction moratorium blocked by Supreme Court
The Supreme Court is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic.
NYC has nation's most expensive rent: Report
According to a new report, New York City has unseated San Francisco as the city with the most expensive rent in the nation.
CDC's eviction moratorium to continue, US appeals court rules
A federal appeals court on Friday allowed the COVID-19-related pause on evictions imposed by the CDC to remain in place, setting up a likely battle before the nation’s highest court.