Rent-Stabilized Profits and Market Shifts | Real Estate News

New York City landlords claim rent freezes crush their finances, but Rent Guidelines Board data reveals many stabilized buildings—even those with code violations and lower rents—are still profitable. Though the data is outdated and excludes smaller buildings, it offers a clear picture of how these properties actually operate. Meanwhile, Manhattan home sellers took a hit last year with a median loss of $24K, underscoring how timing shapes real estate outcomes. Home flipping is also declining nationwide, partly due to proposed state taxes targeting flippers in affordable neighborhoods. Elsewhere, Texas’s housing boom is expanding northward, with Celina seeing a 61% jump in new home sales and a 39% overall increase, fueled by infrastructure and safety investments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cf4ba14f53cad0f0