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January 2018 Archives

Real estate transactions continue to favor sellers

The year of 2017 began with low inventory in New York. The result was bidding wars followed by the selling of homes above their asking prices. In other words, the world of residential real estate transactions mirrored that of previous years in the Empire State.

Proper home staging may benefit real estate transactions

When it comes to selling a home, sellers in New York have been told time and time again that buyers do not want to tour a house that is empty. This is why staging is such an important part of the process of completing residential real estate transactions. However, home staging can be detrimental if not done right.

Real estate transactions boom in Brooklyn

Reports indicate that the purchase and buying of properties was strong toward the end of 2017 in the area of Brooklyn, New York. This applies to both residential and commercial real estate transactions. The market was strong in Brooklyn even though some other markets in New York stumbled during this same time period.

More real estate transactions expected in Manhattan this year

New construction is taking place in Manhattan at an unprecedented rate since the 1980s. This will likely increase the rent amounts for New York office space this year. This may be excellent news for those who plan to engage in real estate transactions involving the purchase or leasing of commercial properties in 2018.

Inspections an important part of real estate transactions

Purchasing a home in New York can feel like an endless process. For this reason, skipping a step may be tempting -- especially if it is the home inspection. However, home inspections are an important part of residential real estate transactions.


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