by admin | Dec 15, 2019 | Uncategorized
PropertyShark is continuing to analyze the multifamily sector in New York City and what they have seen is that multifamily sales volume is significantly down in what they deem an ongoing slowdown. The report analyzed sales in Manhattan, Brooklyn, the Bronx and Queens...
by admin | Dec 2, 2019 | Uncategorized
DUMBO Brooklyn courtesy StreetEasy StreetEasy has published their October 2019 Market Reports recently. It shows that Rents have hit an all-time highs in Manhattan and Queens and Queens. Brooklyn has seen rents rise in its fastest pace since 2015. Furthermore the...
by admin | Dec 2, 2019 | Uncategorized
The National Association of Realtors (NAR) released their report on pending home sales for October 2019. What is shows is that pending home sales nationwide is down 1.7% with only the Northeast region showing an increase in sales. A sale is listed as pending when the...
by admin | Dec 1, 2019 | Uncategorized
The Wall Street Journal is reporting that evictions are down significantly since the state enacted the new rent laws. The Housing Stability and Tenant Protection act of 2019 was enacted in June of 2019 and has already seen a tremendous effect in filings. The Wall...
by admin | Dec 1, 2019 | Uncategorized
The National Association of Realtors (NAR) is reporting that existing-home sales increased in October 1.9% however there was a split in results in regions with the Northeast and West reporting drops in sales. Existing-home sales are based on transaction closings...