For the very wealthy all-cash buyer or someone who can easily qualify for a mortgage, location can be an extremely easy decision! But for the other 90%+ of Americans who may fall somewhere below these two categories, so-called ‘average’ wage earners, the affordability factor in the rent vs buy decision or when choosing a potential homes […]
Summary: Will 2016 be a repeat of 2015 or…Taking out the crystal ball, what do you suppose that we can we expect from the New York City residential real estate market in 2016? Using any variety of metrics, 2015 was a very good year for the New York City residential real estate market! That is actually […]
2015 was an eventful year in New York City real estate! Test your knowledge with these 10 questions? Full disclosure: My score = 7/10 (Take the quiz here or interactively at the original article written by Michelle Higgins and published in the The New York Times. The answer key is at the end.) 2015 New York City Real Estate […]
Higher rents putting a crimp in savings rates coupled with higher prices for houses means first-time homebuyers have to wait that much longer! Some may have noticed that the rent vs buy comparison has been a common thread for the last few articles that have appeared here. Net Worth Comparison: Owners vs Renters! Percentage Of Income […]
Curbed NY has compiled a list of locations available to view the July 4th Macy’s fireworks display in New York City! Tickets may be required and they sellout quickly so make your move today. BROOKLYN BRIDGE PARK – PIER 1 Perhaps the most obvious location for viewing the fireworks (and as one of the show’s official […]
When buying residential or commercial real estate the temptation can sometimes exist to ‘go it alone’ or, in other words, without a real estate broker! There can be a variety of reasons for thinking about going this route including having the ability to work with sellers who are also going it alone by listing their […]
For anyone or any couple who has ever hunted for a house, chances are that you are likely very well aware of the variety of emotions that entered into the exercise! But as we enter the Spring home buying season, if you haven’t yet had the house hunting experience you can either take our word […]
If you wine and dine clients on a regular basis in New York City, one of the more challenging things can be to find new and unusual places to eat! Of course there are the old standby steakhouses and sushi joints but sometimes we may want to wow a client or a prospect with something […]
Wait a second! Did I really mean to say that New York homebuyers face an average purchase price of $347,614? No, you read it correctly the first time! Incredibly, while the national average down payment for a new home is $31,723, in the New York/New Jersey marketplace the number soars to $347,614 representing 37% of the average […]
Have you ever wondered what the boroughs of New York City would look like if you happened to live in a multi-million dollar penthouse or, if they were videoed by aerial photography taken from a drone? Well wonder no more as this video by Bronx-based photographer Victor Chu has accomplished this feat and has included views from […]
