With both real estate and rental prices rising quickly over the last two years, U.S. households that don’t currently own their home are facing a major affordability crunch. A new study by Roofstock adds some interesting data to the disc…
The residential real estate market in the U.S. experienced an unprecedented spike in home prices between 2020 and 2022, but signs from this spring and summer indicate that the market is cooling off. Existing home sales in the U.S. have dec…
Over the past few years, the New York City condo and co-op market has experienced something of a perfect storm. Changes to the federal tax code and COVID-19 colluded to slow down the market, even as other areas around the country were soari…
A recent analysis by Realtor.com shows that in an increasingly competitive housing market, condos, co-ops, and attached townhouses offer an affordable alternative to comparable single-family homes, especially in high-density, high-cost …
According to a new study from Inspection Support Network looking at home inventory across the U.S., the one-month’ supply of homes, which measures how long it would take the current supply of homes to sell at the current sales pace, fel…
According to an item featured this week on TopTenRealEstateDeals.com , the former home of legendary actress Greta Garbo is back on the market. Regarded as one of the great actresses of all time, Swedish-born Garbo got her start in si…
Last week we looked at the trend toward rebranding existing residential properties, the reasons why a co-op or condo community might decide to rebrand, and the potential effect of such a decision on property marketability and value. This we…
Brokers have a standard modus operandi when selling apartments: Depersonalize the property, stage it, and disappear. Take down family photos, stow the artwork, clear out excess furniture and the clutter of everyday life. And most importantl…
As spring arrives and the COVID pandemic (hopefully) continues to wane in NYC, life feels like it’s beginning to return to some semblance of normal - including in the real estate industry. One sure sign is the return of the open house, long…
Even two years into the COVID-19 pandemic, Americans are finding that buying a home remains challenging. A growing work-from-home economy, fueled by households with newfound financial liquidity, has boosted the nation’s demand for homes. Me…