Michael Kolomatsky

Ukraine

Senior Staff Editor at The New York Times

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Articles

Where Should You Raise Your Children?

Jun 6, 2024 | nytimes.com | Michael Kolomatsky

Raising children in the best possible environment is a solid reason to relocate. But today's tough real estate market has slowed migration. In 2023, about 26 million people moved, way down from nearly 43 million in 2019, according to the Census Bureau. All the more reason for parents to carefully consider local resources, support systems, living costs and other attributes when researching a new city.
More N.Y.C. Rentals Are Available. But Can You Afford One? - The New York Times

May 30, 2024 | nytimes.com | Michael Kolomatsky

Inventory has grown over the past year, though prices continue to rise as well — just not as fast.
The Cities With the Most Dog-Friendly Rentals

May 9, 2024 | nytimes.com | Michael Kolomatsky

The pandemic unleashed a well-reported pet adoption boom. By 2021, 23 million U.S. households - about one in five - had added a cat or dog during the Covid-19 crisis, according to the American Society for the Prevention of Cruelty to Animals. And because the pandemic also set off a wave of high home prices, high interest rates and low inventory, more pet owners moved into rentals.
The Gen-Z Advantage in Housing - The New York Times

Apr 26, 2024 | nytimes.com | Michael Kolomatsky

A study suggests that Gen Z has it better in the housing market than the millennials who came before them.
Do You Wish You Lived in a Low-Tax State? - The New York Times

Apr 11, 2024 | nytimes.com | Michael Kolomatsky

If paying taxes every year makes you think about moving, consider the state and local tax burden, which varies from state to state.
How Much Higher Are Your Post-Pandemic Property Taxes?

Mar 28, 2024 | nytimes.com | Michael Kolomatsky

The median price for a single-family home in the United States rose about 40 percent from 2019 to 2022, peaking at $480,000 before receding to about $417,000 at the close of 2023. The higher home prices have led to higher property taxes, adding even more to a monthly housing budget. A recent study by CoreLogic found that from 2019 through 2023, the median U.S. single-family property-tax bill rose by nearly 24 percent, to about $2,826.
Can’t Move? Renovate, if You Can Afford It. - The New York Times

Mar 21, 2024 | nytimes.com | Michael Kolomatsky

Many U.S. homeowners are staying put rather than selling, even if they’d prefer to move. These days, renovating may be a better bet.
or Up, or Down, Depending Where You Look

Mar 7, 2024 | nytimes.com | Michael Kolomatsky

On the national level, rental rates have flattened over the past year - which is good news following the head-spinning increases of 2022 into 2023. But as Zumper 's February rent report points out, how much a renter should expect to pay in 2024 is highly dependent on where they live, with a record amount of new inventory in Western and Southwestern regions offset by low-supplied markets in the Midwest and Northeast.
The Best Markets for First-Time Home Buyers

Feb 29, 2024 | nytimes.com | Michael Kolomatsky

A study ranks U.S. areas for younger buyers based on metrics like availability, affordability, job opportunities and local culture. In a market with high prices, low inventory and high mortgage interest rates, no one faces a steeper uphill climb than first-time home buyers. Generally, they have lower incomes and are younger, meaning they've had less time to build good credit and amass a down payment. But there is hope.
The Best Markets for First-Time Home Buyers - The New York Times

Feb 29, 2024 | nytimes.com | Michael Kolomatsky

A study ranks U.S. areas for younger buyers based on metrics like availability, affordability, job opportunities and local culture.