From loan officer to Uber driver, 421-a rent overcharge lawsuits, & more
Tenant advocate Housing Rights Initiative says a recent favorable legal decision sets a precedent for future 421-a overcharge lawsuits (The Real Deal)
"Last night my Uber driver was a loan officer:" Layoffs hit mortgage firms as new loan demand plunges (Housing Wire)
First-time buyers in the U.S. are typically paying 37.8 percent of their income on mortgage payments (Bloomberg)
New York City ranks 15th on a list of places where you can make the biggest savings from downsizing, according to Storage Cafe (press release)
Would-be buyers from big cities like NYC want to relocate to more affordable cities like Phoenix, Miami, or Las Vegas, according to data from Redfin (CNBC)
An affordable housing lottery opens for 16 apartments at 2001 Nostrand Ave. in Flatbush (Yimby)