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April 2018 Archives

Residential real estate transactions involving costlier homes

As the weather heats up this spring, so is the cost of constructing new homes. This may be good news for homeowners in New York and elsewhere who are interested in taking part in real estate transactions this spring to unload their homes. The median home price reached more than $337,000.

New York commercial real estate transactions on upswing

New York's market for commercial properties appears to be on an upswing in 2018. Real estate transactions involving properties such as development sites, apartment buildings and office towers increased to more than $12 billion during the year's first quarter. That is a 70 percent hike from this same time last year.

Remodeling may not be necessary before real estate transactions

One of the toughest parts of getting ready to sell a home in New York is trying to figure out how much remodeling is truly necessary before putting the home on the market. After all, any repairs or renovations made will eat into the sellers' profits from the residential real estate transactions. Here is a rundown of things to avoid fixing when preparing to sell a house.

Commercial real estate transactions will look different in future

In New York and elsewhere, the commercial property market will no doubt experience technological advancements and quickly changing business environments in the future. In fact, throughout the United States, those active in commercial real estate are already encountering new technologies as well as design features. Here is a glimpse at what real estate market players can expect to see in the coming years when engaging in commercial real estate transactions.

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