(Crain’s) — Monthly common charges and maintenance fees at 450 residential buildings across the city will continue to increase next year, and in some cases may rise as much as 7.5% from 2010 levels, according to an analysis conducted by the buildings’ property manager, Cooper Square Realty Inc. The increases are in line with the […]
(LA Times) — For those who have a lot of cash or can get credit, this could be an ideal time to buy a house — the foreclosure crisis has pushed prices down and interest rates are way low. But beware if you are looking to buy a condominium, co-op, town house or other property […]
(New York Times) — AUTUMN is in the air. Up next will be winter frost, colored lights, fancy windows, the ball dropping in Times Square — and, quite possibly, yet another annual increase in monthly charges for co-op and condo residents. Many factors are to blame for the increases: rising insurance premiums, energy costs and […]
(NYT) — Prices of studios and one-bedrooms in Manhattan have taken a beating compared with bigger residences, as the demand from new home buyers runs out, tax credits expire and pickier buyers opt for bigger spaces. That has led Rebecca Goldfarb to settle on breaking even as she attempts to sell her Greenwich Village apartment. […]
(Washington Business Journal) — Prices and closings for condominiums and cooperatives in the District are up, and inventories are down, showing the strongest market trends among housing in D.C. and Montgomery County. The Greater Capital Area Association of Realtors, says the median condo price in D.C. in May was $365,000, up 2.47 percent from a year ago. […]
(Chicago Tribune) — It is hard to tell whether Traci Hargrove is moving on or staying put. On one day she tends the garden at her Rogers Parkthree-flat, preparing to plant impatiens. But the next day she removes the drapes in her den and takes down her ceiling fans, because she fears losing her home. Read […]