Millions fear eviction as housing crisis worsens
More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
Survey: Nearly two-thirds of millennials regret buying new home
Getting a house around the tri-state area is getting harder and harder for some buyers, with inventory low and prices soaring. Some new homeowners are even starting to regret their decision.
Getting a house around the tri-state area is getting harder and harder for some buyers, with inventory low and prices soaring. Some new homeowners are even starting to regret their decision.
Yonkers launches rent relief program
The goal of the Yonkers program is to help struggling tenants and landlords who still find themselves feeling the effects of the pandemic.
The goal of the Yonkers program is to help struggling tenants and landlords who still find themselves feeling the effects of the pandemic.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
NYC Rent Guidelines Board votes in favor of proposed rent increases
The proposed increases range from 0-2 percent on one-year leases and 1-3 percent for two-year leases.
The proposed increases range from 0-2 percent on one-year leases and 1-3 percent for two-year leases.
‘Historically’ high lumber prices adding more than $35K on average to new home price tag
While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing prices for the material.
While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing prices for the material.
Federal judge throws out national eviction moratorium, DOJ appeals
The Department of Justice is fighting to keep a national eviction moratorium in place after a federal judge invalidated the measure that aids financially strapped tenants during the COVID-19 pandemic.
The Department of Justice is fighting to keep a national eviction moratorium in place after a federal judge invalidated the measure that aids financially strapped tenants during the COVID-19 pandemic.
Lumber prices skyrocket during the pandemic
Home prices have skyrocketed throughout the pandemic, but so has the cost of the materials needed to build and improve them.
Home prices have skyrocketed throughout the pandemic, but so has the cost of the materials needed to build and improve them.
'Warehousing': Why New York City landlords don't list all their empty apartments
UrbanDigs reports landlords have now shelved 50% of Manhattan's unrented apartments. The real estate world refers to this as "warehousing."
UrbanDigs reports landlords have now shelved 50% of Manhattan's unrented apartments. The real estate world refers to this as "warehousing."
Homes selling faster than ever even as prices rise to all-time highs
About 59% of homes that went under contract had an accepted offer within two weeks of hitting the market.
About 59% of homes that went under contract had an accepted offer within two weeks of hitting the market.
NY, other states struggling to get federal rent relief to tenants
New York and other states failed to spend tens of millions of federal dollars aimed at helping renters avoid eviction.
New York and other states failed to spend tens of millions of federal dollars aimed at helping renters avoid eviction.
NYC housing employee suspended after racist letter is sent to Asian tenants
An investigation is underway after a racist letter was sent to three Asian roommates on the Upper East Side.
An investigation is underway after a racist letter was sent to three Asian roommates on the Upper East Side.
Newark using shipping containers to house the homeless
Newark, N.J. is turning to converted shipping containers as an option to provide housing for the homeless.
Newark, N.J. is turning to converted shipping containers as an option to provide housing for the homeless.
NY eviction moratorium ends but cases could drag on for months
Tenant advocates are scrambling to convince any tenant facing eviction to fill out a hardship declaration form.
Tenant advocates are scrambling to convince any tenant facing eviction to fill out a hardship declaration form.
Generous incentives, hope for pandemic's end help fuel NYC lease signings
Landlord concessions, historically low rents, and the coming of a vaccine have resulted in months of records for new-lease signings in this city.
Landlord concessions, historically low rents, and the coming of a vaccine have resulted in months of records for new-lease signings in this city.
Exclusive: First look at the fully-renovated Betances Houses in the South Bronx
FOX 5 NY takes an exclusive look at the fully-renovated Betances Houses in the South Bronx.
FOX 5 NY takes an exclusive look at the fully-renovated Betances Houses in the South Bronx.
3D printed house for sale on Long Island
A 3D printed house on Long Island is on the market.
A 3D printed house on Long Island is on the market.
Exclusive: NYCHA Chair's Blueprint for Change
FOX 5 NY sits down with NYCHA Chair Gregory Russ to discuss what it will take to see real change with some of the issues NYCHA residents face.
FOX 5 NY sits down with NYCHA Chair Gregory Russ to discuss what it will take to see real change with some of the issues NYCHA residents face.
Historic rent drops continue across NYC
According to experts, it will be 3-5 years until rents in some parts of New York City return to their pre-pandemic averages.
According to experts, it will be 3-5 years until rents in some parts of New York City return to their pre-pandemic averages.
Bronx NYCHA tenants say they are living without heat
Tenants say they have been living in the cold for months.
Tenants say they have been living in the cold for months.