by admin | May 15, 2020 | Uncategorized
On May 7th, Gov. Andrew Cuomo extended New York’s eviction moratorium that was supposed to expire on June 20, 2020 to August 20, 2020. The Order which was originally signed in March halts evictions of commercial and residential tenants during the period with...
by admin | May 12, 2020 | Uncategorized
The National Association of Realtors (NAR) is reporting that pending home sales for March 2020 was down 20.8% per their report. The results were expected as the coronavirus epidemic has stalled most economic activity since the outbreak became a national emergency. All...
by admin | May 12, 2020 | Uncategorized
The National Association of Realtors (NAR) released their March 2020 existing-home sales report. What was published was what everyone knew was coming in that existing-home sales dropped throughout the nation. The Coronavirus pandemic largely began impacting the...
by admin | Apr 18, 2020 | Uncategorized
Builder Confidence has biggest single month drop amid Coronavirus pandemic The National Association of Home Builders (NAHB) is reporting the single biggest change in their index. The NAHB/Wells Fargo Housing Market Index (HMI) reports that builders of newly-built...
by admin | Apr 13, 2020 | Uncategorized
The Real Estate Board of New York (REBNY) released their Broker Confidence report for the 1st quarter of 2020. What it shows is that due to the pandemic caused by the Coronavirus (COVID-19), broker confidence in New York City is in a sharp decline due to recent...
by admin | Apr 13, 2020 | Uncategorized
Purchasing in investment properties in New York City can be a daunting task. There are many questions that beginners would like to ask. Every neighborhood has their unique characteristics and there are daunting legal issues that abound with New York City...