This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I
Cities Where Buyers Can Afford the Most and Least. Housing affordability continues to be an issue for many Americans. Nearly 67% of Americans are bunkered down by at least one non-mortgage debt. Data compared included median household income in each city, average non-mortgage debt, and median home values.
Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. Salary Needed to Afford a Home in the Top 15 Metros.
In Maryland, nearly 19% of renters are behind on payments, averaging more than $4,500 in rent debt and California’s 15% of renters behind on payments are behind nearly $5,200 on average, according to data from health and data nonprofit Surgo Ventures. That's fewer than 1 million households receiving assistance, says CNBC. Read More. .
In Maryland, nearly 19% of renters are behind on payments, averaging more than $4,500 in rent debt and California’s 15% of renters behind on payments are behind nearly $5,200 on average, according to data from health and data nonprofit Surgo Ventures. That's fewer than 1 million households receiving assistance, says CNBC. Read More. .
As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, NewYorkCity, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.
million over 10 years to encourage the company’s relocation from NewYorkCity to a new facility in Jersey City instead of Norwalk, CT. The grant is not meant to be a substitute for conventional debt and equity financing, and applicants should generally have their primary debt financing in place before applying.
Houses and businesses cleared away, leaving swatches of sand or burned-out ruins in their wake. Not just in some small, low-lying areas, but huge tracks of land from Atlantic City, NJ to Breezy Point, NY. In NJ, 346,000 housing units were destroyed or damaged, and 190,000 businesses affected. billion allocated to NewYork.
NewYorkCity Renters Face $1 Billion in Unpaid Rent. A recent survey found NewYorkCity renters owe $1 billion in unpaid rent, but the survey only accounts for roughly half of the total rentals, pushing the real debt closer to $2 billion. cbroderick. Fri, 01/15/2021 - 10:32.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content