StreetNoise

A zero down payment mortgage, pitch your house to investors, & more

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By Jennifer White Karp  |
September 2, 2022 - 9:30AM

A new Netflix series, “Buy My House,” features sellers pitching their properties “Shark Tank”-style to four real estate investors (press release)

Eleven Manhattan new developments surpass $1 billion in total sales, up from seven residential buildings in 2017, according to a new PropertyShark report (press release)

Bank of America launches a zero down payment, zero closing cost mortgage for first-time homebuyers in 21 U.S. cities to increase minority home ownership (Business Insider)

The average 30-year mortgage rate rose to 5.66 percent, the highest level in two months (New York Post)

Two 89-unit buildings at 305 East 11th St. and 310 East 12th St. in Manhattan have new owners and tenants are worried about major rent hikes (EV Grieve)

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Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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