Living in the Big Apple will greatly affect your pocket, since the average cost of rents in Manhattan reached 4,400 dollars last month, according to the latest report from the real estate company “Douglas Elliman” and the firm appraisal and consultancy “Miller Samuel”. Analysts point out that this is the third record rental seen in … Read more
A greater number of Puerto Ricans will be able to qualify, from now on, for the Single Family Housing program of the federal Department of Agriculture (USDA), since the agency has increased the limits by at least 43% income to be eligible. This was announced by Maximiliano J. Trujillo-Ortega, state director for Puerto Rico of … Read more
The mortgage has always been the biggest drag on family economies, but in the last year households have seen their monthly installments skyrocket in a way that has not been remembered since 2008, together before the economic and financial crisis broke out. So much so, that the expense for those who have a loan to … Read more
Despite the increase in the rental price of homes in 2022, the highest in fifteen years, real estate demand in Alicante city and province is not slowing down. especially from the foreigners. They are the ones who rank as the first option on the national list both in capitals and in territory, above Barcelona and … Read more
The four-alarm fire started at 2 p.m. Monday afternoon at 1103 Castle Hill Avenue and then spread to the neighboring building at 1101. Eight people were injured including one of the residents who was taken to the hospital and seven firefighters, authorities said, the injuries reportedly not life-threatening. Both buildings are mixed-use, with shops on … Read more
The rise in credit is becoming increasingly noticeable in the real estate sector. The granting of mortgages for the purchase of housing deepened its fall in May. In total, 33,398 loans of this type were registered, which means a decrease of 24% compared to a year ago. The average amount of loans was also reduced, … Read more
The inhabitants of Barcelona are the ones who pay highest average mortgage in Spain145,883 euros, followed by those of l’Hospitalet de Llobregat (135,788 euros) and Madrid (130,525 euros), according to a report. The Spanish average is 121,782 euros. The data comes from the latest Report on the housing market prepared every six months by the … Read more
More than 500 families who have been in homeless shelters are now eligible for housing vouchers offered by the city government, Mayor Eric Adams reported. This has been possible, it was said, due to the elimination, by executive order, of the old requirement to spend a minimum of 90 days in a shelter before being … Read more
The 12-month Euribor continues to put pressure on those who have taken out a variable mortgage. The index has closed June above 4%, specifically at 4.007%, after 18 consecutive increments. The main mortgage index in Spain thus stands at its highest since November 2008, which will make variable mortgage payments more expensive in more than … Read more
Mayor Eric Adams has vetoed a package of four laws approved by the City Council that aimed to make it easier for homeless people to pay rent in New York City. The laws, which were passed by the Municipal Council last May with 41 votes in favor and 7 against, included measures such as financial … Read more