Please ensure Javascript is enabled for purposes of website accessibility
Home / News / Real Estate / Housing

Housing

When it comes to commercial real estate lending, banks are open for business

John Cothran, a real estate investor from South Carolina, closed on the purchase of 600 East Ave. this past fall without ever visiting the property. (photo by Kevin Oklobzija).

The coronavirus pandemic has devastated the hospitality industry and exacerbated on some fronts the continuing decline of brick-and-mortar retail, but lenders still have their checkbooks open when it comes to commercial real estate investment. You may not want to propose ...

Read More »

Pueblo Nuevo I will create 75 homes in El Camino neighborhood

Pueblo Nuevo I will create 75 homes in the North Clinton and Joseph Avenue area (rendering provided by New York State Homes and Community Renewal).

Further transformation of Rochester’s El Camino neighborhood kicked off on Thursday with the official groundbreaking of Pueblo Nuevo I. Pueblo Nuevo (“new town” in Spanish) is a $25 million redevelopment project spearheaded by Ibero-American Development Corp., the development arm of the ...

Read More »

US new-home sales climb to 8-month high in March

WASHINGTON (AP) — U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a positive sign for the broader economy. The Commerce Department said Tuesday that ...

Read More »

Home sale agreements nationwide are falling apart

real-estate-featured

Spending months to find the perfect home in your price range, only to have your mortgage application rejected, or a home inspection turn up expensive repairs, is a nightmare — one that is coming true with increasing frequency, according to ...

Read More »

Suit: Landlords pushing out seniors, disabled

— Inspired by his own experience living in a New York City apartment building that was converted into high-priced condos, a 71-year-old former state regulator is taking on developers citywide on behalf of seniors and disabled tenants. Walter Goldsmith claims ...

Read More »

Home values point to sharp wealth divide within US cities

1-income-RE-30-FEAT

It’s still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist — basically, the crowd from “Cheers” — to live as neighbors. That finding by the real estate brokerage Redfin makes the capital of Massachusetts a ...

Read More »

Home construction slumps on fewer apartment buildings

Apartment construction plunged sharply in October, as the pace of homebuilding slipped amid a broader cooling of the real estate market. Housing starts — both houses and apartments— fell last month 11 percent to a seasonally adjusted annual rate of ...

Read More »

Home rental prices rise at slower pace in October

U.S. home rental prices rose at a slower pace in October, a possible sign that apartment costs are testing the upper reaches of renters’ incomes. Real estate data firm Zillow said Friday that median rents increased a seasonally adjusted 4.5 ...

Read More »

Rochester’s lead ordinance held as model

The City of Rochester’s landmark lead ordinance is being held up as a model for other cities tackling the issue of lead poisoning. Rochester has seen an 80 percent drop in the number of children with high lead levels since ...

Read More »

Want a tiny house? Businesses offer tryout first

RE-tiny-houses-9-FEAT

Hilary and Shane Lentz were hooked on the idea of a tiny house, but they weren’t sure the reality would be so appealing. Their curiosity led them to the hills of New Hampshire, where a business that started at Harvard ...

Read More »