The Housing Market Is Correcting—So Why Are Home Prices Still Soaring?
Home prices have continued their seemingly inexorable rise, despite America’s housing market purportedly being in the throes of a correction, a slowdown—whatever you want to
Home prices have continued their seemingly inexorable rise, despite America’s housing market purportedly being in the throes of a correction, a slowdown—whatever you want to
Another week, another round of bad news for a U.S. housing market under pressure. For the fourth week in a row, mortgage applications, a measure
Revaluation of properties in the city of Lockport, a three-year work in progress, is nearing conclusion. After an 11-year lapse in maintaining equity in the
The tight housing market is showing signs that it is starting to loosen up. But that doesn’t mean it’s cooling off quite yet. The number
Mortgage rates are on the rise; the average interest rate on a 30-year fixed mortgage is just over 5.5%, according to Freddie Mac. Consumer prices
After a pandemic-era home-buying frenzy, the number of homes for sale nationwide saw its first annual increase since July 2019 last month, according to real
The number of home for sale in the US rose 2% in June, the first time in three years inventory has increased, according to Redfin.
Find out how home sales have changed recently, which areas have the most home listings, plus the average sale price and more with these charts
Opportunity has knocked for 185 Grant LLC, the buyer of the Lorigo’s Meating Place building, which sold for $605,000. After the completion of facade work
Forbes The cost of lending is rising as mortgage rates continue to shoot up—and that will impact the bottom lines of homeowners and borrowers alike.
Oswego will undergo a city-wide real property assessment over the course of the next two years, a move the city requires to obtain updated home
After a few stops and starts and a change to the gameplan, a new housing development is officially in the works for Corning. Riedman Companies
More and more, home sellers are giving in to the mounting pressure on affordability posed by June’s rapid mortgage rate hike, according to a new
Rental markets in some of the hottest US cities are showing early signs of cooling down. After surging 11.4% over the past 12 months, the median
Property tax assessments are complicated but important. They are among a family’s biggest expenses. They fund critical public services, such as schools, roads and police
Cedarland Development has purchased three multi-family apartment buildings in the Allentown area. The historic properties include 35 units and were purchased for $4 million. Azzaher
HUDSON VALLEY, NY — Certainly the pace of home sales has slowed down in the region — not a surprise given its overheated nature during
Amazon is seeking more than $124 million in tax breaks from Niagara County to support a distribution facility in the Town of Niagara, the anticipated
A Clarence contracting and development firm plans to clean up and reuse a largely vacant and polluted site along the Niagara River in North Tonawanda
WEST ELLICOTT – Target has filed a lawsuit challenging the tax assessment of the former K-mart store in West Ellicott where the company plans to
Air is hissing out of the housing bubble faster and faster every week. Pending sales plunged in June and the inventory of homes on the
The Common Council’s recent decision to retain GAR Associates LLC for a yearly “equity improvement project” is a giant leap forward for every property owner
The city of Oswego is preparing to do a full-scale revaluation and appraisal of its properties for the first time in over two decades. Tuesday,
The Olbiston Apartments in Utica will undergo a $67 million renovation after the building was deemed unlivable in July of 2021. The residents were forced
The Town of Amherst intends to create an urban renewal area covering the Boulevard Mall, and a wide swath of the neighboring commercial district, to
Offered for the first time in 100 years, Forestmere is a classic 660 acre preserve located five miles north of Paul Smiths College. Mile-long Chain
The last unit at Park Meadow Place in North Buffalo sold this week. Ogiony Development and Jeff Bochiechio developed the four-unit townhouse development located at
Homeowners’ demand for self storage has been growing in the nation’s largest metros. While the industry has always helped with moving and decluttering, lately, it’s
City assessor says it makes more sense to homeowners. After 10- and 11-year gaps between assessments, city officials are considering contracting with GAR Associates for
Property sales were $39.4 billion in April, which was down 16% compared with the same month a year ago, according to MSCI Real Assets. The