by Anthony | Aug 21, 2020 | Uncategorized
The pandemic has not only hit New York City businesses hard but it is significantly impacting the real estate market. According to Mansion Global, New York City home sales fell by 50% in July on a year-to-year basis. The pandemic seems to be having more than just a...
by Anthony | Aug 20, 2020 | Uncategorized
The National Association of Realtors reported significant strength for the national housing for the week of August 8th, 2020. Median listing prices grew at 9.9 percent over last year, another tick up in the pace of increase. Home asking price growth continues to...
by Anthony | Aug 19, 2020 | Uncategorized
Not to anyone’s surprise, but the Commerce Department reported that housing starts surged by 22.6%. This represents the largest increase in nearly four years dating back to October 2016. Housing starts came in at 1.496 million units in July, which was revised...
by Anthony | Aug 18, 2020 | Uncategorized
As residents continue to leave the high-density urban areas such as New York City for areas less populated and with lower rates of virus infections, they’re finding places such as the suburbs of New Jersey and upper New York. National figures have been slow to...
by Anthony | Aug 17, 2020 | Uncategorized
The national median price of a home reported by the National Association of Realtors [NAR] to be $349,000, these levels have never been recorded before. According to the press release issued by the NAR, 48 of the 50 largest metropolitan areas reported year-over-year...
