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On October 23, the Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, released the results of its Primary Mortgage Market Survey ® (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.19%. “Mo…
With inflation still elevated, home prices parked near record highs (despite some recent softening, particularly at the higher end), and insurance costs climbing, more homeowners are running out of cushion—heightening the risk of mortgage d…
As the weather cools and the leaves change, it’s time to make like the squirrels and start preparing for winter. For shared interest communities, in addition to the more in-depth pre-season inspections of roofs, boilers, and other major bui…
Civility goes a long way in life, and in a co-op or condo community, constructive communication is especially important. Residents, board members, on-site staff, and managers all deserve to be treated professionally and spoken to respectful…
This year New York City passed the first landmarks in the long road to compliance with Local Law 97, the Big Apple’s roadmap to carbon neutrality by 2050. Many have questioned the approach and ultimate possibility of success for this progra…
There’s no such thing as too much education—and that’s especially true in the realm of multifamily property management. Keeping one’s skills sharp and knowledge base both broad and current is a must for all management professionals, regardl…
Reducing energy waste and saving money go hand in hand. In addition to helping the planet, using energy more efficiently can save time, lower bills, and improve daily life. In fact, according to a joint report by the American Council for an…
Everyone wants to be comfortable in their home, but as every resident knows, that comfort comes at a price. Boards and managers know this too; with rising energy costs, climate change-related weather fluctuations, and looming fines on the h…
As the climate crisis has worsened, governments at the federal, state, and local level have made attempts to legislate solutions. While necessary, that three-pronged approach can often make compliance a complicated process for multifamily b…
With the recent passage of legislation extending key provisions of the Tax Cuts and Jobs Act (TCJA), the debate over who benefits most from the U.S. tax code has once again come into focus. Originally passed in 2017, the TCJA lowered indivi…