Tag: New York City
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America’s 10 Easiest and Hardest Housing Markets for Homebuyers
Navigating the Real Estate Landscape Buying a home today is no walk in the park. Home shoppers face steep challenges, including high asking prices, intense competition, and soaring mortgage rates. However, not all real estate markets are equally grueling. Some areas offer a more favorable environment for homebuyers. The Easiest Markets: Florida Takes the Lead…
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Navigating the Distressed Waters: U.S. Commercial Property Trends in Q2 2024
The real estate landscape is shifting, and distress signals are flashing across the U.S. commercial property market. According to MSCI’s Capital Trends US Distress Tracker, the numbers tell a compelling story. The Numbers Speak: $94.2 Billion in Distress In the second quarter of 2024, U.S. commercial property distress surged to a staggering $94.2 billion, marking…
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NYC Multifamily Permits Hit 10-Year Low: A Housing Crisis Unfolds
New Yorkers face a deepening housing crunch with a mere 1.4% vacancy rate and soaring costs. But what’s causing this crisis? Let’s dive into the dramatic decline in multifamily permits and explore ambitious solutions. The Numbers Don’t Lie In May, the number of permits issued for multifamily buildings plummeted to a shocking 36—the lowest monthly…
Daniel Kaufman Real Estate 