New York City Real Estate News
New York City
U.S. Cities Where Renters Need $100K Salary to Live Doubles Since 2020
A new report by Zillow paints a stark picture of America's rental affordability crisis, revealing that renters in eight major U.S. cities now need to earn six-figure salaries just to comfortably afford housing - double the number of cities from five years ago.
U.S. Commercial Real Estate Lending Rebounds Sharply in Early 2025
Based on CBRE's latest research, U.S. commercial real estate lending posted a strong comeback in the first quarter of 2025, buoyed by a surge in bank activity, tighter loan spreads, and increased financing demand. Despite lingering caution around federal policy and economic uncertainty, the market showed notable resilience.
U.S. New Home Sales Uptick in March
The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers.
Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025
For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
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