Spring 2019 home-buying tips
Spring home-buying season is almost here. Grant Long of StreetEasy expects this to be a busy spring season. A lot of listings will come on the market in March and a really big wave will hit in April and May. Last year was a really big spring buying season, he says, because a lot of sellers decided it was the right time to list. More than 12,000 units were listed on StreetEasy in March, April and May 2018.
Spring home-buying season is almost here. Grant Long of StreetEasy expects this to be a busy spring season. A lot of listings will come on the market in March and a really big wave will hit in April and May. Last year was a really big spring buying season, he says, because a lot of sellers decided it was the right time to list. More than 12,000 units were listed on StreetEasy in March, April and May 2018.
2019 real estate trends for NYC
To rent or to buy? To sell or to hold? Where will you find the best real estate deals in New York this year? StreetEasy senior economist Grant Long says prices are continuing to fall in a lot of places in the city and buyers continue to have the upper hand in negotiations.
To rent or to buy? To sell or to hold? Where will you find the best real estate deals in New York this year? StreetEasy senior economist Grant Long says prices are continuing to fall in a lot of places in the city and buyers continue to have the upper hand in negotiations.
Williamsburg real estate
A day after Gov. Cuomo announced that he intended to avert a full shut down of the L-train and instead have repairs done during nights and weekends, calls started coming into Can Nomer, the director of leasing at Level, a 554-unit high-rise on the waterfront in Williamsburg, Brooklyn.
A day after Gov. Cuomo announced that he intended to avert a full shut down of the L-train and instead have repairs done during nights and weekends, calls started coming into Can Nomer, the director of leasing at Level, a 554-unit high-rise on the waterfront in Williamsburg, Brooklyn.
Buying a home and your credit
A mortgage is one of the things that can improve your credit score over the long term. But what happens to your credit when you first buy a home? According to a new study from LendingTree, expect a short-term dip.??????? Tendayi Kapfidze, Chief Economist at LendingTree, says when you take out a loan to buy a home, your credit falls for about 4-5 months.
A mortgage is one of the things that can improve your credit score over the long term. But what happens to your credit when you first buy a home? According to a new study from LendingTree, expect a short-term dip.??????? Tendayi Kapfidze, Chief Economist at LendingTree, says when you take out a loan to buy a home, your credit falls for about 4-5 months.
Amazon and LIC real estate
If those in Long Island City, Queens, failed to recognize the climbing canyons of high-rises and surging rents in their neighborhood as a boom, the arrival of the headquarters of Amazon should surely convince them.
If those in Long Island City, Queens, failed to recognize the climbing canyons of high-rises and surging rents in their neighborhood as a boom, the arrival of the headquarters of Amazon should surely convince them.
Lawsuit against Kushner firm
Twenty current and former residents of one of the largest buildings owned by the Kushner Cos. allege in a $10 million lawsuit that the firm used relentless, noisy construction that exposed them to cancer-causing dust as part of a campaign to get rent-stabilized tenants out and high-priced luxury condo buyers in.
Twenty current and former residents of one of the largest buildings owned by the Kushner Cos. allege in a $10 million lawsuit that the firm used relentless, noisy construction that exposed them to cancer-causing dust as part of a campaign to get rent-stabilized tenants out and high-priced luxury condo buyers in.
NYC property tax reform
At the end of May, Mayor Bill de Blasio announced the creation of a new advisory commission to change the city's property tax system. It would make it easier to understand, fairer and simpler without taking away money from the city services.
At the end of May, Mayor Bill de Blasio announced the creation of a new advisory commission to change the city's property tax system. It would make it easier to understand, fairer and simpler without taking away money from the city services.
Pressured to sell?
Are homeowners in one town in Rockland County, New York, being pressured to sell? State officials seem to think so after looking into the issue. Magali Dupuy of Chestnut Ridge told Fox 5 that representatives for the ultra-orthodox Jewish community have been pressuring her and many others to sell their homes to them and is grateful that the state is getting involved.
Are homeowners in one town in Rockland County, New York, being pressured to sell? State officials seem to think so after looking into the issue. Magali Dupuy of Chestnut Ridge told Fox 5 that representatives for the ultra-orthodox Jewish community have been pressuring her and many others to sell their homes to them and is grateful that the state is getting involved.
Staging your home to sell fast
The old real estate saying is location, location, location. But that's not the only thing that can help sell a house. How you present your home for an open house and your real estate listing can make a huge difference in its selling price. You can get over $5,000 more if you have a light blue bathroom, according to Zillow.com. You can lose $2,000 if your home is too dark. And in New York, you'll get a 20 percent premium if you have heated or herringbone floors.
The old real estate saying is location, location, location. But that's not the only thing that can help sell a house. How you present your home for an open house and your real estate listing can make a huge difference in its selling price. You can get over $5,000 more if you have a light blue bathroom, according to Zillow.com. You can lose $2,000 if your home is too dark. And in New York, you'll get a 20 percent premium if you have heated or herringbone floors.
Brooklyn real estate prices booming
Remember when Brooklyn was affordable? Those days seem to be over. In the first quarter of 2018, one in three Brooklyn neighborhoods hit a record high, according to Grant Long, a senior economist at StreetEasy. The three most expensive neighborhoods in New York City by median sales price are Tribeca, SoHo, and Carroll Gardens, according to StreetEasy. The average recorded sales price in Carroll Gardens in the first quarter of this year was $2.2 million. Several other Brooklyn neighborhoods aren't far behind.
Remember when Brooklyn was affordable? Those days seem to be over. In the first quarter of 2018, one in three Brooklyn neighborhoods hit a record high, according to Grant Long, a senior economist at StreetEasy. The three most expensive neighborhoods in New York City by median sales price are Tribeca, SoHo, and Carroll Gardens, according to StreetEasy. The average recorded sales price in Carroll Gardens in the first quarter of this year was $2.2 million. Several other Brooklyn neighborhoods aren't far behind.
Trump Place condos
A judge says condominium owners in a New York high-rise called "Trump Place" can stop displaying the name licensed from Donald Trump nearly two decades ago. Thursday's ruling doesn't order the brassy letters removed from the tower overlooking the Hudson River. Rather, the decision clears the way for owners to vote on the issue.
A judge says condominium owners in a New York high-rise called "Trump Place" can stop displaying the name licensed from Donald Trump nearly two decades ago. Thursday's ruling doesn't order the brassy letters removed from the tower overlooking the Hudson River. Rather, the decision clears the way for owners to vote on the issue.
'Spying' on potential home buyers
These days, many people use Wi-Fi-enabled cameras and recordings inside their homes. Watching what is going while you're not there can provide peace of mind. Nowadays, if you are in the market to buy an apartment or a home, the seller may be watching you and listening to what you say.
These days, many people use Wi-Fi-enabled cameras and recordings inside their homes. Watching what is going while you're not there can provide peace of mind. Nowadays, if you are in the market to buy an apartment or a home, the seller may be watching you and listening to what you say.
NYC rents fall
If you rent a home in New York City, you already know we have some of the highest rents in the country. Now, finally, some promising news: rents are starting to come down a little, according to a report by appraiser Miller Samuel Inc. and brokerage firm Douglas Elliman Real Estate.
If you rent a home in New York City, you already know we have some of the highest rents in the country. Now, finally, some promising news: rents are starting to come down a little, according to a report by appraiser Miller Samuel Inc. and brokerage firm Douglas Elliman Real Estate.
Lord & Taylor building sold
Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork.
Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork.
StreetEasy begins charging for listings
A pioneer in online real estate, StreetEasy changed the way New Yorkers house hunt. But with the site's recent decision to charge a broker fee to list apartments, many are now wondering if it will continue to be the service for the largest rental audience in the city.
A pioneer in online real estate, StreetEasy changed the way New Yorkers house hunt. But with the site's recent decision to charge a broker fee to list apartments, many are now wondering if it will continue to be the service for the largest rental audience in the city.
Deals on rentals in New York City
Now that summer is here, the rental market is heating up in New York City, but prices are cooling off. So we've got some advice for finding a great place during the busiest time of the year. StreetEasy spokeswoman Lauren Riefflin says median rents have plateaued, but they're still expensive and she doesn't expect that to change anytime soon. Lauren says thousands of studio and one-bedroom apartments are on StreetEasy for $2,000 per month or less throughout the five boroughs.
Now that summer is here, the rental market is heating up in New York City, but prices are cooling off. So we've got some advice for finding a great place during the busiest time of the year. StreetEasy spokeswoman Lauren Riefflin says median rents have plateaued, but they're still expensive and she doesn't expect that to change anytime soon. Lauren says thousands of studio and one-bedroom apartments are on StreetEasy for $2,000 per month or less throughout the five boroughs.
Are millennials avoiding homeownership?
The housing market is hot this summer with more buyers than available homes. A seller's market means prices are rising. So are younger buyers priced out? With home prices near highs and interest rates rising, very few bargains are out there. In the New York City metro area the average home costs around $400,000, according to StreetEasy's senior economist Grant Long. That is making it tough for millennials to jump into home ownership.
The housing market is hot this summer with more buyers than available homes. A seller's market means prices are rising. So are younger buyers priced out? With home prices near highs and interest rates rising, very few bargains are out there. In the New York City metro area the average home costs around $400,000, according to StreetEasy's senior economist Grant Long. That is making it tough for millennials to jump into home ownership.
City or Suburbs?
Rachel Koenig, a licensed associate real estate broker; and Heather Harrison, executive VP & Co-Founder, Platinum Drive Realty, discuss the pros and cons to living in the city versus living in the suburbs.
Rachel Koenig, a licensed associate real estate broker; and Heather Harrison, executive VP & Co-Founder, Platinum Drive Realty, discuss the pros and cons to living in the city versus living in the suburbs.
Affordable NYC neighborhoods
This is the time of year new college graduates find places to live on entry-level salaries. So what are the best options for new renters in the high-priced New York market? StreetEasy crunched the numbers to find the best options while also offering new graduates some advice.
This is the time of year new college graduates find places to live on entry-level salaries. So what are the best options for new renters in the high-priced New York market? StreetEasy crunched the numbers to find the best options while also offering new graduates some advice.
Inside Grey Gardens
Grey Gardens was once filled with filth but is now filled with history. One of the country's most notorious yet historic homes is on the market. The home in East Hampton was made famous by the aunt and first cousin of Jacqueline Kennedy Onassis. Corcoran agent Michael Shultz showed Rosanna Scotto around the property, which can be yours for a cool $18 million.
Grey Gardens was once filled with filth but is now filled with history. One of the country's most notorious yet historic homes is on the market. The home in East Hampton was made famous by the aunt and first cousin of Jacqueline Kennedy Onassis. Corcoran agent Michael Shultz showed Rosanna Scotto around the property, which can be yours for a cool $18 million.