6 days agoNYC Rents Reach an All-Time HighNew York City’s rental market sat at unprecedented heights through June and July. As the demand for rentals get hotter during the busy season, Landlords keep getting colder and colder, as they look to take advantage of this market. With the growing requests for rentals, hiking up the price of…Real Estate2 min read
Jun 28NYC is Taking Hikes this Summer… So Why Rent When You Can Own?Rent hikes… rising interest rates… skyrocketing inflation numbers. This can be a terrifying scenario for renters and buyers, but rest assured: it is not the time to sit still and hold. Last Tuesday, 21, at Cooper Union, the Rent Guidelines Board approved new increases of 3.25 percent for one-year leases…Real Estate2 min read
May 27What Could the Rise in Interest Rates Mean for NYC’s Real Estate Market?Americans continue their wariness as inflation suffocates the US economy. But bringing hope for clear skies and easy living while summer sits right around the corner, as of May 4th, the Federal Reserve (FED) recently announced an increase on interest rates. But… What Does that Mean? Well, the idea is that rising interest rates cause…3 min read
Dec 30, 2021Mortgage: A Simple GuideGetting a Mortgage is a very important step when buying Real Estate. And now, plain and simple, I explain the whys, hows, wheres, and whens of the big M in the Real Estate business. Organizing your finances is an important step when buying Real Estate. Having the right perspective, as…3 min read
Nov 2, 2021NYC Apartment Sales Hitting Records in Third QuarterIn one more recovery urge, the third quarter has recorded more apartment sales than the last three decades in the Manhattan real estate market. Brooklyn and Queens also set long-time records. According to new market reports, the end of the quarter recorded sales in three times higher than the same…2 min read
Oct 1, 2021Luxury sales hitting new records in NYC: a bounce back for the marketThe luxury real estate market has set an all-time record in Manhattan and presented a jump in Brooklyn signed contracts. In just nine months, based on combined asking prices, 11.4 billion worth of luxury listings had their contracts signed, while in Brooklyn, 70 million worth of luxury homes were signed…Real Estate2 min read
Aug 20, 2021NYC’s Real Estate Market is back!Get ready to compete for your dream home — As the city goes back to normal, the market does not waste time, presenting sales numbers at pre-pandemic levels, and prices going up. During the spring, several market reports showed a more than two times bigger number of sold apartments than the early days of the pandemic. New York City’s…Real Estate2 min read
Jul 28, 2021Rent-stabilized Apartments: The EssentialsRent-stabilized apartments in New York City are top choices for renters who aim at affordability and security against the common annual rent increases. Part of what makes them so desirable are the aforementioned rent increases, usually around one or two percentage points, and the automatic lease renewals available. Being apart…4 min read
Jun 16, 2021What is Cryptocurrency and how is it changing the Real Estate market?Cryptocurrency has been rising to the public eye for a while now, and it would be a surprise for it to not make an appearance in Real Estate transactions. Many people often understand terms like blockchain, bitcoin, and token as just “money talk,” but it is way more than that…Cryptocurrency3 min read
May 27, 2021Thinking about selling Real Estate? Here are some tips!Have you ever wondered where to begin when selling Real Estate? It’s a Seller’s Market, and being prepared is key. Bidding wars, dealing with offers, and changes in market value are just some of the many details that involve selling a property. …3 min read