2021 Archives - Page 2 of 3 - Rava Realty

NYC Schools Will Go All In-Person, No Remote Next Year

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NYC Schools Will Go All In-Person, No Remote Next Year

New York City’s public school students will all return to classrooms in the 2021-2022 year, Mayor Bill de Blasio said.

“It’s good news: New York City public schools, one million kids will be back in their classroom in September, all in-person, no remote,” he said on MSNBC’s Morning Joe.

The announcement represents a significant upcoming return to normal for the city’s schools, which have been at least partially remote since the coronavirus pandemic first struck in March 2020.

(source: patch.com)

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Powerful new rush of buyers sends housing prices soaring

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Powerful new rush of buyers sends housing prices soaring

So far in 2021, residential real estate experts are reporting a powerful new wave of buyers, increasing the demand on an already low housing inventory throughout Miami-Dade County.

The powerful new wave of domestic buyers, purchasing more expensive primary residences and second homes with longer stays, is a also direct result of the pandemic catapulting the remote working trend, tax reform creating tax refugees, Florida’s no state income tax, and the influx of technology and finance companies; not to mention the quality of ...

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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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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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Miami: House prices are falling, Condos are still on the rise

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Miami: House prices are falling, Condos are still on the rise

South Florida house hunters may finally be catching a break. After months of increases, the median price for single-family homes appears to be stabilizing.

MIAMI-DADE

The total number of residential home sales rose by +33.5% year to year, from 1,862 in February 2020 to 2,485 in February 2021. Sales increased by +23.6% for single-family homes and by +42.3% for condos. Miami-Dade has 2.8 months of supply of single-family homes and 10.2 months of inventory for condos. A balanced market consists of six-to-nine ...

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