For over two years Americas Watchdog & its National Mortgage Complaint Center has been warning about suicidal mortgage products and a real estate/mortgage industry seemingly out of control. The warnings were that if the mortgage or real estate sector greed were allowed to continue, the consequences would be dire for the entire economy. The shoe has now dropped, the industry has severe problems, and other sectors of the economy will now suffer.
In an attempt to bring transparency to the Manhattan apartment rental market, The Real Estate Group New York (www.tregny.com) has put together the 3rd edition of its monthly Manhattan Market Rental Report. This report takes a cross section of over 3,000 available apartments in Manhattan and sorts the pricing data by service level, neighborhood and bedroom size. The result is a visual representation of current market rents across Manhattan, by neighborhood, and average price change over time.
The CREN Blog, one of the oldest real estate blogs in existence, has undergone a complete remodel adding new functionality including community authoring, and a brand new design.