Matt Yan

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So far Matt Yan has created 18 blog entries.

Where Are Rent Prices Rising the Most in New York City?

Rental inventory is rising in Queens and Brooklyn, and declining in Manhattan. How are new developments altering the rental market?The median asking rent in New York City rose 2.1 percent from October 2023 to October 2024, according to a report from StreetEasy. But even if the average rental is a bit more expensive, the annual

By |2024-12-05T05:54:28-08:00December 5th, 2024|Industry News|

How Online Shoppers Are Trying to Foil ‘Porch Pirates’

Some people race to grab their packages before thieves can nab them. Others move to buildings with dedicated mailrooms.Good news: Your package has been delivered.Bad news: It isn’t on your porch, under the mailboxes or in a package room, if you have one.Unfortunately, your package might have been stolen by a porch pirate, like an

By |2024-12-01T05:53:45-08:00November 29th, 2024|Industry News|

Where Are the Most Million-Dollar Homes?

While many metropolitan areas have homes valued at $1 million or more, California is leading the pack.The U.S. median home sale price is up 5.2 percent from last October, to over $435,000, according to Redfin. But prices vary widely by location, with the median home value in a couple of metro areas topping $1 million,

By |2024-11-21T05:55:57-08:00November 21st, 2024|Industry News|

Where Are Property Taxes Rising the Most?

They’re up in nearly every major U.S. metro area, but homeowners in the South have seen especially large increases.Over the past five years, property taxes have gone up in nearly every American metro area, according to a report from Redfin. But one region is getting hit harder than others.In the southeastern part of the United

By |2024-11-14T05:58:14-08:00November 14th, 2024|Industry News|

Here’s Where Minimum-Wage Workers Can Actually Afford Rent

A study found that people who earn low wages were rent-burdened in all of the country’s 50 largest real estate markets.American renter households are chronically burdened by their rent, meaning they spend more than 30 percent of their income on housing, according to recent census data. For people making minimum wage, finding affordable rent is

By |2024-11-07T05:54:49-08:00November 7th, 2024|Industry News|

Who Paid More in Rent: Gen Z or Millennials?

An analysis of Census Bureau data found that while Generation Z is definitely rent burdened, millennials may have had it worse.Earlier this year, we reported that Generation Z has emerged as the generation driving the most rental demand, supplanting millennials, who are slowly making the transition to homeownership. You might think, given the crunch of

By |2024-10-31T06:55:04-07:00October 31st, 2024|Industry News|

Where Are the Rats in New York City?

Among the five boroughs, Brooklyn has had the most complaints so far this year. But overall, the numbers appear to be trending down.Rats, rats, rats — familiar and often feared creatures in many cities. New Yorkers may see them in the subway enjoying a slice of pizza, scurrying among trash bins or sometimes even inside

By |2024-10-24T06:53:22-07:00October 24th, 2024|Industry News|

Where Are People Working Remotely?

Midsize metropolitan areas saw the largest increases in the share of remote workers over the past decade, according to a study.Remote work has become the norm for many during the past few years. Although offices are filling up again, they’ll probably never reach prepandemic levels. So, how many people are working from home, and where

By |2024-10-17T06:53:54-07:00October 17th, 2024|Industry News|
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