Good news is on the horizon for people with credit score issues. A new Credit Scoring Law that finally went into full effect called Credit Score Competition Act allows credit bureaus to accept on-time payments of rent, utilities, and cell phone payments to build credit histories for people without credit, slow credit, or even bad credit.
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Rent prices — and the cost of housing in general — has been one of the more persistent pains of the current inflation situation. But — although rents are still much higher today than they were a year ago — things are finally looking up (or down, depending on how you look at it.) Basically, new data shows that rent is finally dropping nationwide, month-over-month. However, there are still some metrics that need improvement. Here’s what you need to know.
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STATEN ISLAND, N.Y. – Staten Islanders have historically paid a higher property tax rate for less expensive homes when compared to homeowners in other parts of New York City.
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More than 40 percent of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this year.
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Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index.
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Typical apartment renters are having to work a lot harder lately to afford to pay their rents.
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There’s a fairly well known adage in the law that notes, “You can’t murder your parents and then ask the court for pity as an orphan.” The New Hampshire Supreme Court recently issued an opinion in line with this adage in which it affirmed a superior court decision where the presiding judge upheld fines levied by a board of directors totaling $700 and legal fees to be paid to the Association in excess of $12,000.00, and rising.
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Each week, our survey of recent residential sales in New York City and the surrounding region focuses on homes that sold around a certain price point, allowing you to compare single-family homes, condos and co-ops in different locales.
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There are no tumbleweeds blowing through the Bay Area yet, but San Francisco’s chief economist Ted Egan says the city stands to lose between $100 and $200 million in tax revenue by 2028 as a result of record office vacancies fueled by remote work and uncertainty in the tech industry, Bloomberg reported.
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So far this year, landlords have registered 38,000 vacant rent-stabilized apartments with New York’s Division of Homes and Community Renewal — down from more than 60,000 in 2021 — the state housing agency says in new preliminary numbers shared exclusively with THE CITY.
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