Smart 2020 Trends

Tech & Artificial Intelligence Technology is having a dramatic impact on the real estate industry. The Internet has become the default tool in the home search process with nearly 95% of home buyers using it to search for homes and 17% have conducted some variation...

Manhattan Real Estate Purchases Sink

Manhattan real estate prices continue to fall. According to the report issued by Douglas Elliman, the average sales price for Manhattan real estate property fell by 7.5%. According to the CNBC report, the average sales price in Manhattan fell to $1.8 million. The...

Mortgage Apps Surge

Yesterday’s BLOG focused on the spike in the numbers of buyers and sellers entering the home-buying market. This was confirmed by the recent report issued by the Mortgage Bankers Association. This week’s mortgage application survey conducted by the...

2020: Buyers and Sellers Agree

The National Association of Realtors announced that their survey of buyers and sellers indicated both feel it’s a good time to buy and sell. This survey was conducted in the fourth quarter of 2019. It reported that 63% of people believe now is a good time to buy...

Pending Home Sales Rise AGAIN!

The National Association of Realtors reported that its forward-looking indicator, based on contract signings, rose 1.5% to 108.7 in September. Year-over-year contract signings jumped 3.9%. According to a press release issued by the NAR, “Pending home sales grew...