The month of March brought about an increase in rent prices for both one- and two-bedroom apartments after six consecutive months of stagnation. According to a report by Zumper, the average monthly cost for a one-bedroom apartment in the U.S. rose to $1,487, reflecting a 0.3% increment from the previous month. Similarly, the typical price
Real Estate
The spring housing market is typically a busy time, but recent data suggests a lackluster start to the season. Despite this being a prime time for home sales, mortgage demand remains stagnant. According to the Mortgage Bankers Association, application volume decreased by 0.7% last week compared to the previous week. This trend paints a bleak
Federal prosecutors have taken legal action to seize two upscale New York City apartments valued at $14 million, which are believed to have been purchased using funds obtained through a corrupt scheme connected to Mongolia’s significant copper mine. The lawsuit, filed in U.S. District Court in Brooklyn, exposes a series of alleged illegal contracts totaling
In the midst of a challenging and competitive housing market, luxury vacation home co-ownership platform Pacaso has set out to revolutionize the way people experience second home ownership. Launched in 2020 with a focus on multimillion-dollar homes, Pacaso is now expanding its offerings to include properties with share prices starting as low as $200,000. This