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What’s going on in the Manhattan rental Market? Let’s take a look at July 2020 data…
With the withdrawal of some of the restrictions due to Covid-19 emergency, new rental activity surged month over month but still well below the year-ago levels.
The Number of New Leases (excluding renewals), went down – 23.4% to 4,949, ...
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Sensationalism helps sell news, garner headlines and win clicks. And sensationalism has reached real estate these days. Yes, we have an evolving real estate market as we went through the lockdown and emerged from it; so it is easy for some news outlets to publish partial information to make it look like the end of the world is looming.
Bloomberg reported that a quarter of the city’s apartment renters haven’t paid since March, according to the Community Housing Improvement Program (CHIP). ...
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Can I sell my house during the COVID-19 pandemic?
Yes, you can still sell a home during the coronavirus pandemic, particularly now that states are beginning to reopen.
Is it safe to sell your home during such an outbreak?
There are several precautions your real estate agent can take to safely show your home to interested buyers. Masks on, shoes off, and hand ...
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At the beginning of the crisis we had 136 weekly contracts signed in Manhattan. That number progressively went down during the crisis to reach a low of 31 contracts signed 12 weeks into the crisis. Last week was week 13, and we had 61 contracts signed! Could be the first sign of a recovery? In a normal market we ...
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We would all like to own a crystal ball to look into the future and now more than ever we are asked about what’s going to happen in the next few months. Well, I am not going to be as bold as to offer my own forecast (I like to be like Switzerland: neutral ;o) but here are some meaningful insights from Noah Rosenblatt at Urban Digs, an expert and a real estate data company I trust.
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