Fall Real Estate Trends in NYC: Renovation Reigns Supreme
As the official arrival of fall approaches, the NYC real estate market has wasted no time in ushering in the new season! Traditionally, our summer sales market tends to slow down – blame it on the heat or vacations – it's a predictable lull. However, the looming...
The Impact of Floor Location on Pricing in New York City
When it comes to determining the value of a home in New York City, numerous factors come into play. The expected variables such as location, size, and overall condition certainly matter, but in the unique context of this city, there's an often overlooked aspect that...
Valuing Outdoor Space in New York City
@jswarpcore When it comes to New York City real estate, outdoor space isn't just a luxury – it's a valuable asset. But how do you determine its true value? The value of outdoor space varies based on its size, type, and layout. Let's delve into this topic....
Understanding Monthly Fees When Buying an Apartment in NYC
@jswarpcore Buying an apartment in New York City is a unique experience, with monthly fees being a crucial consideration that is unlike buying homes in other regions. These additional costs can significantly impact your overall budget and mortgage eligibility,...
1st Half Results and 2nd Half Forecast for 2023
Here we go folks. Half the year is behind us. Let’s get ready for the rest of 2023. Where to begin? With a slow start to the year, buying did pick up in the 2nd quarter but overall, the market remains sluggish compared to 2022. In Manhattan, the total number of...
Be Prepared! What to Do in an Emergency.
Summertime. Anytime. Nothing better than being beach-bound with nothing on your mind but fun and relaxation. Then the unexpected shows up. You never know what might happen – a blackout, an earthquake, a flood! Where ever you are in the world, things happen. It’s ok!...
WE HAVE AN IDEA!
Let’s enjoy summer! We deserve it! The real estate market has officially turned boring as we enter the dog days of summer! With the most recent mind-blowing smoke from Canadian wildfires blanketing the New York City skyline, we all need to catch our breath and chill...
Monster Month of May
After a weak April, the month of May came in like a lamb and went out like a lion! Last week for example, the number of contracts signed was up 29% from the prior week. To put this number in perspective, we like to see around 250 deals signed per week to judge...
Into Summer We Go!
Memorial Day Weekend is two weeks away. Crazy. The New York City real estate market continues to be a head-scratcher. Where are we going? We think we could be in for an unusually busy summer. Here’s why: March deal flow in sales was on fire. April deal flow in sales...
Conundrum!
Rents are high. Mortgage rates are high. Housing participants in New York City are stuck between paying up for leases and having less affordability on purchasing. This is a peculiar time. On a positive note, (and we do look for the positives!) both Manhattan...
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