by Anthony | Dec 17, 2020 | 2020 Trends, Existing Home Sales, Housing, Mortgages, Real Estate News, Rentals
Chief Economist Danielle Hale reviews: The impact of the most recent jobless claims The signal for the economic recovery Inflation data Monetary and fiscal decisions that lie ahead The highlights from the November Rent report The effect of historic low mortgage rates...
by Anthony | Nov 4, 2020 | commercial real estate, COVID19, New York CIty, Rentals
Another concern is that the real estate industry in general is expecting to face some hard times. New York City will depend on the revenues generated from its real estate values, which in prior years had generated approximately $30 billion in 2019. This number for a...
by Anthony | Aug 21, 2020 | 2020 Trends, COVID19, Housing, New York CIty, Real Estate News, Rentals
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 | Jul 23, 2020 | Jersey Shore, New Jersey News, Real Estate News, Rentals
A recent article pointed to the best markets to buy a vacation rental. Rented Inc., reported that real estate investors continue to investigate second home markets capital appreciation opportunities. The COVID-19 pandemic has only fueled potential buyer’s...
by Anthony | Jul 22, 2020 | 2020 Trends, COVID19, Rentals
After 4 months of lockdown and shut-down, the economy is slowly reopening, but the movement of individuals is slow to catch up. The pandemic clearly impaired people’s ability to view rentals, buy properties and move around safely. The once red-hot momentum of...
by Anthony | Jul 13, 2020 | COVID19, Manhattan, Rentals
According to reports published, New York City rentals experience worst June in more than a decade amid the COVID-19 crisis. Over 10,000 apartments were listed as available in June according to a report on CNBC. This represents an increase of 85% over June 2019, based...
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