by Safiyah Riddle | Apr 5, 2023 | Housing
Greg Beytis has lived in the Hudson Valley for his whole life, so he remembers a time before the pandemic when finding an apartment only took a week, if that. But as of March, Beytis has spent four months looking for an apartment to rent where he can stay with his...
by Safiyah Riddle | Mar 2, 2023 | Featured, Housing
The Federal Reserve seems to be getting what it wants – for housing at least. Rising mortgage rates slowed home buying at the end of last year, driving down home prices nationwide. Seasonally adjusted housing prices fell 0.8% in December and were 2.7% below the peak...
by Alexandra White | May 22, 2021 | Housing
Eddie Franz has been in the homebuilding industry in Houston, Texas, since 1972. He weathered the financial crisis in the ‘80s and survived the 2008 recession, but the challenges he faces now are unlike anything he has ever seen before. “The sheet of plywood that we...
by Alexandra White | Apr 26, 2021 | Housing
Home prices likely continued to increase in February because of low interest rates and tight housing inventory. Some economists estimate that tomorrow’s release of the S&P CoreLogic Case-Shiller U.S. National Home Price Index will likely show that home prices rose...
by Alexandra White | Apr 12, 2021 | Featured, Housing
Home prices continued to increase in January, indicating the pandemic housing boom continued into the new year because of the shrinking inventory of homes for sale and low mortgage rates. Nationally, home prices in January rose 11.2% from a year earlier, the highest...
by Alexandra White | Apr 12, 2021 | Housing
April Rice had always dreamed of becoming a homeowner. Recently promoted to analyst at a brokerage firm, Rice, 33, decided to start the process in November 2019. She contacted a mortgage broker, without a doubt that her $60,000 annual salary and 713 credit score would...