NY Daily Record Since 1908
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
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 ...
Tagged with: home sales
Read More »Real Estate Insider: Commercial property management takes skill and sensitivity
By TIM REID and TAMMY COX Commercial property management is not for the faint of heart. Good property managers must have several skillsets. They are part construction manager, part accountant, part engineer, part psychiatrist, part interior designer and part landscape ...
Read More »Westmar Plaza’s renovation draws primary care practice
UR Medicine Primary Care’s Gates Medical Associates practice has relocated to Westmar Plaza, with expanded office space for its medical services and improved access for patients with limited mobility. The move was announced by the Brookhill Group, which owns Westmar ...
Read More »Zillow: Higher rates, prices to slow 2016 housing market
Deteriorating housing affordability nationwide will put a damper on home buying next year, according to a report from Zillow. Rising rents won’t let up and will continue to set new records, Zillow predicts, as 2016 will bring the least affordable ...
Read More »Average rate on 30-year mortgages slips to 3.93 percent
WASHINGTON — Average long-term U.S. mortgage rates edged lower this week for a third straight week. Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage slipped to 3.93 percent from 3.95 percent a week earlier. ...
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 »Union job goes to Manning Squires Hennig
Rochester Carpenters Local 276 is undergoing a major renovation, which will result in major improvements to its 22,500-square-foot training center in Rochester. To handle the $2,030,000 project, the union has selected commercial contractor Manning Squires Hennig as its general contractor. ...
Tagged with: Manning Squires Hennig Rochester Carpenters Local 276
Read More »Lot Lines: Inside the minds of apartment renters
One of the keys to success in the apartment market is to understand the minds of renters. They are the lifeblood of an apartment complex, and as a result, communities must cater to their needs and desires to retain them ...
Tagged with: Darren Currin Lot Lines
Read More »Home values point to sharp wealth divide within US cities
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 »New-home sales rebound in October
WASHINGTON — Sales of new homes recovered in October after suffering a steep drop in September, returning to this year’s trend of an improving market for real estate developers and builders. The Commerce Department said Wednesday that new-home sales climbed ...
Tagged with: new home sales
Read More »5 neighborhoods to pay for extra security
BATON ROUGE, La. — Residents in five East Baton Rouge Parish neighborhoods voted this month to tax themselves to pay for additional police protection. The Baton Rouge Advocate reported the Nov. 21 vote on the fee, which will cost property owners $50 ...
Tagged with: neighborhoods security
Read More »