The Death of the Vacant Listing?
- By Leonard Steinberg
DID YOU KNOW? Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said Tuesday. That was 0.4% lower than March and 4.4% lower than a year ago. The median selling price in April was $267,300, a 3.6% annual increase. First-time buyers made up 32% of transactions in April, [...]
DID YOU KNOW? Is Madison Avenue retail rebounding? Since January 17 new stores have opened on this corridor that 4 years ago commanded rents up to $1,600/sf. Now, this number is closer to $1,000/sf. There is a growth in wellness, beauty, sustainability, and brands that have prices reaching broader markets. One thing missing from the Avenue [...]
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019.
However, there is one thing that may cause the[...]
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home [...]