by Anthony | Jul 14, 2020 | Uncategorized
The Mortgage Bankers Association reported that applications to purchase homes rose by 5% last week and came in at 33% higher than the same time in 2019. Considering that 2019 was such a banner year, this surge in applications is clearly establishing a new benchmark...
by Anthony | Jul 13, 2020 | Uncategorized
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...
by Anthony | Jul 10, 2020 | Uncategorized
Some real estate experts are expecting that the migration out of the New York City is going to be a prolonged period, possibly lasting up to 2 years. The exodus not only involves those renting in towns such as the Big Apple, but also is pushing businesses...
by Anthony | Jul 9, 2020 | Uncategorized
Excluding many of the major COVID-19 hotspots, buyers appear to be ready, willing and more than able to jump back into the real estate market this past May. Nationally, pending home sales surged by 44.3% in May in comparison with April 2020, according to the...
by Anthony | Jul 8, 2020 | Uncategorized
As compared to the average price for homes on a year-over-year basis, rental prices have not kept pace with the same momentum. Over the last 12 months rents for single-family homes grew by only 2.4% year-over-year in April. This metric is the result of CoreLogic...
by Anthony | Jul 7, 2020 | Uncategorized
The Case-Shiller 10-City Price Index increased by 3.4% year-over-year, and held steady from the March figures. This atypical increase occurred during the national economic lockdown. On a month-to-month basis the S&P Case-Shiller Home Index jumped by 4.6% compared...
