by Anthony | Aug 9, 2024 | Uncategorized
Days On Market Homes in New Jersey are selling at the fifth fastest rate in the nation, spending just 30 days on market. The other four fastest selling states for homes were Connecticut, Massachusetts, Rhode Island, and Ohio. Market Slowdowns Unusually, Florida is...
by Anthony | Aug 8, 2024 | Uncategorized
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by Anthony | Aug 7, 2024 | Uncategorized
Foreclosures Fell 3.5% for the First 6 Months of 2024 During the first 6 months of 2024 ATTOM reported that 177,431 U.S. properties had filed foreclosures. This represents a decrease of 4.4% from the same period in 2023 but is up 7.8% from 2022. In general, since 2020...
by Anthony | Aug 6, 2024 | Uncategorized
But I think this is just the tip of the commercial real estate iceberg. If you would permit me to suggest, something else may be happening. Many of the industries, and not just businesses, but industries, that have been headquartered in New York City have moved to...
by Anthony | Aug 5, 2024 | Uncategorized
When a $332 million building in Manhattan sells for just $8.5 million, it has to raise some eyebrows and some big questions. Back in 2006, 135 W 50th Street Manhattan sold for nearly a third of a billion dollars, with nearly every floor occupied. And demand for office...