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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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Let’s take a look at closed sales in the first quarter of 2021.
Manhattan has finally joined the real estate party that the wider tri-state region, and also most markets in the USA, have been experiencing since the summer.
Manhattan lost more residents than the other boroughs during the pandemic due to ...
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Occupancy for the month of January was 54.5%, with an average daily room rate of $195.08. Both were the highest of any major market in the U.S. for the month.
In February, Miami continued to post the best number in the U.S.Occupancy was up to 75.8% in the third week of the month.
According to Travel Weekly, oceanfront hotels are doing particularly well, with most beach resorts reporting 80% to 90% on weekends. The numbers are particularly encouraging since ...
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President Joe Biden has signed the $1.9 trillion American Rescue Plan, the third pandemic-era stimulus and, potentially, one of the most consequential economic packages in U.S. history. Passed by Congress and it also includes billions of dollars that will go directly to New York City.
To be precise, it is 6 million that will be used in different ways like Stimulus Checks, Child Tax Credit, MTA Relief and Vaccines.
De Blasio has called the stimulus a “game changer” for ...
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Home prices are on the up, but that may lead to trouble in the future.
The median cost of a single-family home jumped 12 percent in the third quarter to $313,500, marking the biggest year-over-year increase since 2013, according to data from the National Association of Realtors that was first reported by Bloomberg.
“Favorable mortgage rates will continue to bring fresh buyers to the market,” said Lawrence Yun, NAR’s chief economist. “However, the affordability situation will not improve even ...
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It’s official: Fisher Island is set for 57 new condos and 12 single-family homes.
The Miami-Dade County Commission approved a plan last week that would bring the total number of residences on the private, 216-acre island to about 800 condo units and about 20 single-family homes.
Construction of the new residences is slated to begin in 2022, with completion in 2025, according to Kobi Karp, founder and principal of the Miami-based Kobi Karp Architecture & Interior Design, project architect.
