May 2021 - Rava Realty

Miami-Dade April2021 New Signed Contracts

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Single family and condo new signed contracts combined have roughly doubled annually for the third consecutive month. New inventory for single families and condos has increased year over year for the first time in twelve months of tracking as seasonal patterns return.”

(source: millersamuel.com)

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Manhattan Sale Contracts – April 2021

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“New signed contracts for all three property types combined expanded annually for the past three months. The new signed contract gains were significantly larger for this March and April because the year-ago period marked the early days of the pandemic lockdown. New inventory jumped annually for the most recent two months for the same reason.”

(source: millersamuel.com)

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The Subway is back 24/7

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Round-the-clock subway service in New York City resumed May 17 after more than a year of late-night, pandemic-related closures.

Gov. Andrew Cuomo made the announcement in late April wrapped it into a broader swath of reopening announcements that end most pandemic-related capacity limits and eliminate restaurant curfews.

The city that never sleeps is slowly—but surely—living up to its name again and waking up from the COVID-19 pandemic, but so should the subway system—and ASAP,” Sen.Schumer said in a statement.

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No Indoor Masks For Fully Vaccinated

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Federal health officials declared that fully vaccinated people could go into most environments regardless of crowd size without a face-covering or without social distancing.

The guidance does come with a few caveats. CDC officials said that people will still need to wear face-coverings when traveling on airplanes, buses, trains and on public transportation. Fully vaccinated people will also still need to keep their faces covered in hospitals and long-term care facilities, officials announced.

As of Wednesday 5/12, more than ...

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Manhattan Rental Report – April 2021

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The activity is picking up big time but there is still a huge amount of inventory to be absorbed.

April 2021 saw the largest number of new leases ever recorded, encouraged by the continuous price drops.

There were 9,087 New Lease Signings by the end of April, nearly seven times more than the same period a year ago, reaching ...

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