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New York Real Estate

Real Estate Insight

New York City Condo Prices Decline

Condo prices in New York City fell .5% from March to April.

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Performance Property Real Estate Question

Major City Where Home Prices Have Recently Declined

Q: Are home prices rising everywhere nationally? Sarah, Brooklyn, NY A: The Case-Shiller Index condo price index in New York City fell in April from March, down 0.5%.  A one month dip does not a trend make, nevertheless it is remarkable that the one major city where prices have dipped is in the Big Apple where real estate prices have been on fire for some time. Incidentally, rents have also come down a little recently in Manhattan as well. In general, prices cannot continue to go up forever in any place which is why it’s so important that you track and monitor your local real estate market. Thanks for your question, Sarah. For more real estate information and tips visit my […]

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Real Estate Insight

New York City Foreclosures Skyrocket

New York City saw a year-over-year increase of 58 percent for foreclosed homes.

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Real Estate Insight

After the Condo Boom

Three years after the condo boom swept through New York, developers citywide are sitting on unsold units.

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Real Estate Insight

China May Threaten the New York Real Estate Market

A regulatory crackdown in Beijing on capital leaving China is threatening the flow of cash into New York’s real estate market.

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New York Real Estate

The market for high end rentals in New York City is slowing.

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