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Pending Home Sales Decline in July After Recent Uptick

by admin | Sep 8, 2019 | Uncategorized

That National Association of Realtors (NAR) is reporting the pending home sales declined nationally in July 2019 by 2.5% nationally. Pending home sales have changed course after seeing two consecutive months on increasing pending home sales. The increase of the...

Builders’ use of Incentives Shows Normalcy of Housing Market

by admin | Sep 8, 2019 | Uncategorized

According to a new survey by the National Association of Home Builders (NAHB), builders use of incentives which are options or upgrades at a reduced price or free to the owner has been reduced to figures before the boom or bust era indicating a normalcy of the housing...

Report Indicates Tappable Equity Has Hit An All-Time High

by admin | Sep 3, 2019 | Uncategorized

Home Equity hits All-Time High Housingwire is reporting that Black Knight will report that Tappable Equity will hit an all-time high of $6.3 trillion according to their 2nd quarter data. Black Knight, which considers themselves as a leading provider of integrated...

The Ins and Outs of Obtaining Flood Insurance in New York City

by admin | Aug 28, 2019 | Uncategorized

In New York City, we have been accustomed to flash floods that have affected properties. There are also designated areas in the City, particular near the shore that are considered flood zones that additional flood insurance is needed. Normally regular insurance...

Pending Home Sales Increase for a Second Consecutive Month

by admin | Aug 12, 2019 | Uncategorized

In what can only be described as a positive sign for the real estate industry, pending home sales increased for a second consecutive month after seeing sluggish signs for the 17 months preceding. The National Association of Realtors (NAR) released their June pending...

What Should You Be Looking For in A NYC Property Management company?

by admin | Aug 11, 2019 | Uncategorized

Finding a reputable property management company in New York City may seem like a daunting task.  As we all know not all property managers are the same.  I have heard plenty of stories of nightmares with many different issues that come about.  Property...
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