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Pending Home Sales shows V-Shaped Recovery According to NAR
The National Association of Realtors (NAR) released their pending home sales report for July recently. What it showed is that there has been positive signs for 3 consecutive months with respect to pending home sales with activity up in all regions with nationwide...
What Does a NYC Property Management Company Do?
Many have asked and are confused about what property management companies do in New York City. In the times that we are, it becomes important to understand the intricacies of their responsibilities and how it can be advantageous to your as a homeowner. In short,...
REBNY reporting “Dramatic” declines in nYC investment and residential sales
The Real Estate Board of New York (REBNY) recently released their monthly sales report for March and April 2020. What they are reporting in the report is a "dramatic" decrease in transaction activity for both investment sales and residential sales for March and April...
NAR Reports Biggest Drop in Pending Home Sales Since Their Reporting Began Amid Coronavirus Pandemic
The National Association of Realtors (NAR) released their pending home sales report for April 2020. The report shows that sales were down month to month 21.8% in April which is the greatest decline since NAR began tracking pending home sales transactions in January...
Existing Home Sales Drop Close to 18% for April
The National Association of Realtors (NAR) has released their report for existing home sales for April 2020. What it shows is that the Coronavirus pandemic has significantly affected existing homes sales with there being a drop of 17.8% for the month. The drop was the...
First Quarter residential Sales Numbers Come In low per REBNY
The Real Estate Board of New York (REBNY) released their First Quarter 2020 Sales Report recently. The report indicated that both volume and sales are significantly down for the same time in 2019 and the lowest figures since 2014. Overall sales volume and transactions...