News

Check out market updates

Technological Advancements in the Time of COVID

Staff use an ultraviolet light wand to disinfect the buttons of an elevator at a new condo in Park Slope, Brooklyn. Elevator disinfection tech has been a focus for both developers and concerned residents, but more time is needed to study their efficacy. Stefano Ukmar for The New York Times COVID-19 has brought different technological advancements to the real estate industry. Although some of these advancements raise privacy concerns and may not be around “post-pandemic”, there are many...

Tags: covid-19, industry changes, prediction, real estate, real estate future, real estate recovery, real estate technology, technological advancement

Read More

How to Navigate the Coronavirus Real Estate Market

The real estate markets in suburbs and fashionable exurbs are heating up since people have been escaping from the COVID-19 pandemic. Due to such booming, some first-time buyers might feel a sudden hurry to buy their property and fear that the price would keep going up if they wait. However, Robert J. Shiller warned in this article that such optimism and excitement is unwarranted because of the historical boom-and-bust cycles, potential interference of political components and potential surge of ...

Tags: home buyer, home prices, mortgage rates, nyc real estate, pandemic, Real Estate Market, suburb, work-at-home

Read More

A New Yorker’s Real Estate Journey to Find the Best Place: An Apartment in Brooklyn or a House Upstate?

This article illustrates how one New Yorker chose between a house in Upstate and an apartment in Brooklyn. The New York Times interviewed Ms. Ashleigh Kaneski, a 37-year-old New Yorker, to tell her story why she initially decided to buy a house in the Catskills, but eventually chose to buy an apartment in Brooklyn. Joyce Cohen, An Apartment in Brooklyn or a House Upstate? She Had the Budget for One, https://www.nytimes.com/interactive/2020/10/29/realestate/29hunt-kaneski.html (Oct. 29, 2020)...

Tags: Brooklyn, Brooklyn co-ops, Catskills, nyc real estate, one bedroom, Park Slope, studio, upstate

Read More