It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. At 3.26 percent, the 30-year fixed rate mortgage set a new record last week, according to Freddie Mac. The last time home...
In the best of the times, homebuying is a fraught process – stressful, time-consuming and marked by friction across several steps of a months-long process. There’s searching for the house, finding an agent, scheduling the time to see the house, and for many would-be buyers, even...
Pending single-family home sales fell by nearly 21 percent in March compared to February as the economic impact of COVID-19 took its toll on the real estate sector, according to the National Association of Realtors (NAR). “The housing market is temporarily grappling with the coronavirus-induced...
As the economy has more or less ground to a halt over the last several weeks, time has become harrowing for homeowners who face frozen income streams and continuing mortgage payments due to the coronavirus pandemic. It’s also confusing at times as options for homeowners looking...
As COVID-19 started to impact the housing markets during a wind-down in mid-March, new home sales in the United States plummeted 15.4 percent. Sales of new single-family dwellings fell to a rate of 627,000 in March on a seasonally adjusted basis following a 4.6 percent...
The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. That has sent rents falling steeply with no signs of turning around soon. The average retail asking rent...
February might well prove to be a month we look back on with nostalgia at economic data, where employment was strong, consumer sentiment was relatively high … … and home sales peaked, right into a transformation toward an online platform model. As the data reported...
As it joins the bevy of firms aiming to change the home rentals market, the artificial intelligence (AI)-powered long-term room rental app Badi has rolled out in New York City. A host of other apps like Spareroom, Roomster and Roomi are also aiming to help consumers...
This is the year that customer experience surpasses brand and price as the most important factor in retail, according to several studies, including one that says 86 percent of consumers will pay a premium for it. If this is the year of customer experience, then...
