Tag Archives: coronavirus and real estate

Feeding Frenzy For Suburban Residential Property – All Good, Or Bubble-like?

Exodus of population from dense environments has led to a scarcity of inventory and a sharp escalation in residential real estate prices in the suburbs…Can it all be sustained? Pandemic has caused property in less dense locales to be in high demand and short supply, leading to sharp increases in prices. Add to the mix […]

Mayday! Coronavirus-induced Wrench Thrown Into New York Real Estate Transactions!

Keeping our eye on the prize

The article begins below. Are you a homebuyer or home seller? The free online App at the link below will provide you with… • Title Insurance Bill with much of a clients title-related closing costs for any purchase price, any mortgage amount and in any New York State city or town (sample output below)! • […]

CLOSING ON YOUR HOME REMOTELY IN A PANDEMIC, Michele Cea, Esq. Guest Author

As a bonus to the readers of the Hallmark Abstract Service blog, we will periodically feature industry experts as guest authors. In this role they provide an inside look at topics surrounding the New York residential and commercial real estate industry with information that is invaluable! If anyone would ever like to contribute, articles need not […]

Role-Playing in New York Real Estate!

The Role of Hallmark Abstract Service is Straightforward! Straightforward in terms of the end result leading to a title insurance policy, but in the age of coronavirus the process has most definitely required a greater degree of creativity due to business and governmental closures along with the need for social distancing! As a title insurance […]

U.S. Economic Statistic Estimates and Coronavirus Impact: Week of March 23, 2020

This coming week we will likely begin to see some of the economic impact that the coronavirus is inflicting on the U.S. economy. The forecasts below were generated by Peter Morici, a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and seven-time winner of […]

Question: For a Commercial Landlord, What is The Coronavirus Disclosure/Action Plan Obligation?

The owners of office buildings, office parks, multifamily apartment buildings and other types of commercial property, find themselves facing decisions that they didn’t know existed two months ago! With the spread of coronavirus, in the event that a management company and/or building owner is put on notice that a tenant or visitor is exhibiting symptoms […]