Category Archives: Real Estate

The Housing Market in The U.S. Has Increased During Covid-19, Leaving The Middle Class Priced Out

Surging demand and shrinking supply combine to make home-buying more difficult, as affordability worsens for many Frist American News LLC, Raleigh NC: The dream of homeownership has grown more out of reach for middle-class Americans during the pandemic. The surge in home prices and a sharp decline in the number of homes for sale has […]

U.S. Commercial Property Investments Exceeds Pre-Pandemic Levels

International investment is keeping the real estate market competitive in the U.S. First American news LLC, Raleigh NC: Foreign investment in U.S. commercial property surpassed pre-pandemic levels last year, as overseas investors piled back in after travel restrictions eased and the U.S. economy bounced back. Pensions, sovereign-wealth funds, and other foreign institutions purchased $70.8 billion […]

New York City’s Property Taxes Are Crushing Homeowners

First American News LLC: Raleigh, NC: Homes are taxed as a function of their market value across much of the nation, but New York City’s process is more complicated and problematic than most. ‘Living Here is Getting More and More Difficult’ The 40-year-old state law that created the system was built to favor single-family homeowners over renters […]

Extended Stay Hotels ‘Print Money’ for Investors in Covid-19 Downturn

First American News LLC, Raleigh NC: Demand for extended stay accommodations has been high during the pandemic and shows no signs of easing Leisure travel flourished after Covid-19 lockdowns eased. Business travel is still depressed. But one type of lodging has filled rooms throughout the pandemic: extended stay hotels. More: New York Times+Wall Street Journal (Combo […]