Reports of a slowing Chinese economy have rattled stocks and sent sensationalist headlines across investment newswires, but real estate seems to be unaffected by worries from China. In fact, Chinese investors have poured over $110 billion into American real estate over the last five years. Continue reading
New York City is a sellers market RIGHT NOW!
How long have you been waiting to hear that? Well don’t wait much longer now that you’ve been warned. Yes, warned. It is no surprise that the New York City real estate market has seen its fair share of activity in recent years–there’s the widening gap between supply and demand, ensuing bidding wars, and gaining market share of new construction deals. The last seven quarters has seen an uptick in overall sales, in line with the general upward trend we have been seeing in the last four or five years. The most notable part of that trend? While sales are still growing, the rate at which it is doing so is not like it has been in recent quarters. That being said, if you are looking to get a piece of the pie with your own property the most optimal time to get the largest piece possible is now. Continue reading
What goes up…continues to go up—at least when it comes to the real estate market these days. We are seeing demand increasing and supply often lagging in a lot of places, especially in strong markets like San Francisco and Houston. As you scour through listing after listing you should not be surprised to find that your dollar may not go as far as you would like it to these days. While sellers are striking while the proverbial iron is hot, buyers almost everywhere are looking for relief from the heat. So is there relief? Most likely yes, and though it might be finding a needle in a haystack, the right microscope—and patience—will help you uncover a real steal in this booming market. Continue reading