The Future of New York Real Estate 2022

The real estate industry has seen some major changes since the beginning of the pandemic. Namely, the shift from a buyer’s market to a seller’s market. While no one can truly predict what’s going to happen in the real estate industry with complete accuracy, there are always forecasts for what’s likely to happen in the

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Amazon HQ Deal Sours on NY Community’s Outcry

News that Amazon.com is reconsidering putting a second headquarters in New York City has dealmakers wobbling their heads

Teresa O’Shaughnessy Joins Better Homes and Gardens Rand Realty

Barbara Meyer. Regional Vice President of Better Homes and Garden Rand Realty recently announced that career long real estate professional Teresa O’Shaughnessy will be joining the firm as the company’s new Branch Manager at the Nanuet NY real estate office.

Latest Case-Schiller Index – Atlanta, Las Vegas, Hit New Lows

To sum up the latest Case-Schiller Housing Price Report, the good news is that the bad news is not quite as bad as it was. But the bad news is that Atlanta, Las Vegas, Chicago, Portland and New York have hit new lows as home prices in these cities continue a slow but steady slide.

Foreclosure Activity Up In Judicial States, Down In Non-Judicial States

Realty Trac released their latest report on foreclosure activity. They use the term “mixed” to describe the results. While that is generally true, the real story is found in the states where the cities in the report are located. Those cities showing increases in foreclosure activity are located in “Judicial Foreclosure” states

Sales Data + Case-Schiller Composite Shows Impact Of Cash Buyers

Previously, I pointed out that the uptick in home sales in many areas is being driven by all cash buyers, many of whom are real estate investors. Well, actually let me say right here that anyone smart enough to be buying in the current market at today’s prices IS a real estate investor, and a darn good one at that.

World Trade Center Construction Beleaguered with Problems

For a while it seemed as if reconstruction of the World Trade Center site was going swimmingly, but an interesting report in Crain’s New York business.com shows all is not well. The site is owned by the Port Authority of New York & New Jersey, and there have been numerous problems recently, not least the spiraling cost of the project.

Good Property: Looking Good in Manhattan

Good Property, a global real estate firm with offices in Miami and London, has just announced a new website and soon to open location. Specializing in; brokerage, consulting, development, financing, and investment the company’s latest initiative will focus primarily on residential and commercial brokerage services.

Distressed Properties Top Out: Now What?

In a story from the Wall Street Journal this morning the level of distressed properties around the world is expected to rise. The even worse news is, demand for said properties is expected to decline as well. What this means is, those inflated stories citing sales increases will cease to over inflate an already dismal economic consensus. When you next hear of sales volumes, a more true picture may be gleaned.

Massey Knakal Realty Services Releases Third-Quarter Property Sales Report

Massey Knakal Realty Services, New York City’s number one building sales firm has just released their third quarter 2011 Property Sales Reports, giving a comprehensive study of the investment sales market throughout the entire New York City area. The report shows that during the first three quarters of this year there were $19.1 billion in

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