furman center for real estate and urban policy

By Eliot Brown 1/14/10 7:21pm

Number of Bank-Owned Homes in New York Rising

NYU study shows lenders are holding onto homes in Read More

By Matt Frassica 11/19/09 8:27pm

Study: Subprime Loans Went to Minority-Heavy Neighborhoods

Residents of largely non-white neighborhoods in New York City were far more likely to receive a subprime loan than those in largely white neighborhoods, regardless of the borrower’s race, according to a new study from NYU’s Furman Center.

The study, which controlled for differences in income and loan amounts, found that African-American borrowers living in Read More

By Eliot Brown 11/06/08 7:09pm

Study: Housing for Ex-Homeless No Big Drain on Property Values

For as long as there’s been supportive housing developments—housing for the recently homeless and others needing relatively high levels of services—there’s been wary neighbors, some of whom fear their own land values will drop.

No need to worry, say the folks over at NYU’s Furman Center for Real Estate and Urban Policy. The Read More

By Tom Acitelli 5/27/08 2:50pm

Price Jumps Haven’t Dimmed City Homeownership

Every boroughs’ homeownership rate has increased steadily since 1990, even as home prices spiked throughout the city.

In 1990, 25.9 percent of Brooklyn residents owned their homes, according to the State of New York City’s Housing and Neighborhoods 2007 released by N.Y.U.’s Furman Center for Real Estate and Urban Policy last month. By 2000, Read More

By Tom Acitelli 5/23/08 6:33pm

Stat of The Day: New York Homebuyers’ Income Jumps

Between 1996 and 2006, the median reported income for recipients of conventional home loans jumped 40 percent, from $86,000 to $120,000. That’s according to the brand-new State of New York City’s Housing & Neighborhoods from N.Y.U.’s Furman Center for Real Estate & Urban Policy.

More stats to come from the annual report, wherein the Read More

By Tom Acitelli 4/24/08 7:19pm

New Yorkers Just Love Risky Loans

According to a new Furman Center report, New Yorkers took out more subprime loans and refinanced more loans than the nation on average.

To wit, in New York City in 2006, 21 percent of all home loans and 27 percent of all home refinancings were sub-prime. Compare that to the national averages of Read More

By Staff 4/11/07 4:18pm

City Housing Less Affordable, Study Says; Could It Say More?

New York University’s Furman Center for Real Estate & Urban Policy has cranked out another annual State of New York City’s Housing and Neighborhoods. The initial focus of the report appears to be on the growing, gnawing lack of housing affordability for much of the city:

The report… finds that the median home sales Read More

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Number of Bank-Owned Homes in New York Rising

Study: Subprime Loans Went to Minority-Heavy Neighborhoods

Study: Housing for Ex-Homeless No Big Drain on Property Values

Price Jumps Haven’t Dimmed City Homeownership

Stat of The Day: New York Homebuyers’ Income Jumps

New Yorkers Just Love Risky Loans

City Housing Less Affordable, Study Says; Could It Say More?

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