With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
Category: Renting and Leasing (Real Estate)
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Buying or Selling a Home? Welcome to the Year of Disappointment
After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
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Inflation Is Slowing, Good News for American Consumers and the Fed
The New York Times – Business:Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Inflation slowed last month thanks to cheaper fuel and airfares.
The New York Times – Business:The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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What Would It Take to Turn More Offices Into Housing?
The New York Times – Business:Vast amounts of empty real estate are a crisis for building owners. But some politicians and business leaders hope they can be converted into something new — and transform downtown neighborhoods.
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Getting Creative With Vacant Office Space: Storage, Gym, Film Set
The New York Times – Business:Some landlords are skipping residential conversion and instead seeking alternatives that are cheaper and easier to manage.
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Takeaways From November’s CPI Inflation Report
The New York Times – Business:Core inflation, which strips out volatile food and energy prices, slowed to 6 percent over the year, an indication that price increases are slowing broadly.
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Why Office Buildings Are Still in Trouble
The New York Times – Business:Hybrid work, layoffs and higher interest rates are leaving lots of office space vacant and hurting the commercial real estate business.
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As Housing Costs Soar, Co-Living Makes a Comeback
The New York Times – Business:The living arrangements, known as “dorms for adults,” are on the upswing after declining in the pandemic, and developers are adapting to the renewed interest.