Super Bowl Sunday is a long-awaited moment for sports fans across the US — but it's also an indicator of how the year's housing market will perform. That's according to Glenn Kelman, CEO of the online real-estate brokerage Redfin, based in Seattle. "That weekend is the weekend where the housing market either goes crazy or [...]
In contrast to much of the New York City region, home sales in the LONG ISLAND market rose, and inventory fell. Real Estate listing inventory fell to a more than fifteen year low after three straight quarters of year over year declines. The NORTH FORK saw a price record reached but with fewer sales and more inventory. The median [...]
New York City's Mayor de Blassio announced during his state of the city address last week that he plans to “take” buildings from landlords who threaten the well-being of tenants, however he stopped short of explaining how. But city officials have since told The Real Deal that the plan is to expand laws governing an [...]
New smoke detector law goes in effect April 1, 2019 in New York State Several media outlets in New York are inaccurately reporting that sales and rentals of real property are subject to the requirements of a new smoke detector law that goes into effect on April 1, 2019. The articles and reports are claiming [...]
Brooklyn Development has always been the talk of the Real Estate Industry for the last decade or so but the borough of Queens is starting to show signs to rivaling its neighbor. According to the Real Deal, this year, the borough’s top 10 condo priciest filings accepted by the New York State Attorney General’s office [...]
While the Queens housing market showed record price trends, the level of sales activity drifted lower. One of the critical characteristics of the borough’s housing market has the proliferation of streaks and records across many metrics. On the Sales Front Fewer sales and mixed price trends characterized the housing market in the northwest region of [...]
According to a report in Crains Last week, the Cuomo administration will likely use a controversial planning process to allow the building of Amazon's potential headquarters in Queens around the normal city review. That would give the state the authority to remake the Anable Basin area of Long Island City without having to secure approval [...]
Now that home price growth has slowed for five straight months, there appears to be no question that the U.S. housing market is taking a turn according to last weeks Case Shiller report. Here are some notable quotes for the renowned economist Robert J. Shiller: “This is a sign of weakness that we’re starting to see. [...]
North Fork Real Estate Market Report Quarter 3 2018 • Median sales price rose year over year for sixth consecutive quarter to record high • Listing inventory slipped for third consecutive quarter as marketing time expanded • Number of sales fell sharply year over year for second consecutive quarter Despite reaching a price record, North [...]
You can 3D print almost anything these days and The first of its kind 3D Tiny home by Icon in Austin Texas was created from the desire to provide shelter for the 1 billion people on the planet that presently don't have a home. With the non-profit New Story, the structures will be printed on [...]
