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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 ...
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The renters are coming back to New York City in a big way, thanks to near record low concessions, falling rents, and lots of vacant apartments. Last month, new lease signings in Manhattan surged to their highest total for a February since the Financial Crisis in 2008.
(source: birckundergorund.com)
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In just a single year ending in 2020, Florida’s resident population increased by 241,256, the agency said.
The data covers changes between July 2019 and July 2020. The figures were released on December 22.
Next year, those numbers could rise even faster as a result of thepandemic.
In the second half of the year, Miami’s real estate market rose to a new record high, with analysts saying that migration trends to Florida were accelerating as a result of covid-19.
(source: ...
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What’s going on in the Manhattan rental Market? Let’s take a look at the October data…
After months of price declines, people are moving back to the city. The number of new leases is finally on the rise surging to the highest October peak in twelve years.
The Number of New Leases surged 33.2% to 5,641 from October ...
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Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemichave all had an unexpected impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.
COVID-19 has turned out to be ...
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“Three retail buildings on Madison Avenue have sold for a combined $45 million, a price that represents a new low for the posh shopping district.
The luxury retailer Akris will buy three properties at 831, 835 and 837 Madison Avenue between East 69th and 70th Streets for $45 million, according to the Wall Street Journal. The deal includes three ground-floor retail spaces, along with 15 residential units.
The deal came out to $1,340 per square foot, a significant decline ...
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