Real Estate Economy

I feel bad for the residents of Florida!  Their officials are said to be "giving a dozen top aides hefty raises while urging a rise in property taxes, as the mayor of Miami-Dade County recently did. Or jacking up already exorbitant hurricane-insurance premiums, as Florida's government-run property insurer just did. Or sending an army of highly paid lobbyists to [...]

Is this new statistic real or giving us false hope?  My gut is that foreclosures are down and we are officially on an upswing.   Of course – I have totally just jinxed us BUT the story below tells the bigger story!  I am seeing positive things out there – lots of trucks (Economic indicator!!!), banks lending, [...]

The International Herald Tribune published an interesting article about the ripple effect of foreclosures.   It is something I haven't thought about but found really interesting.   What does it mean for your property values?  The ability to refinance?  The health of your neighborhood in general.
Property Values:  They will go down – hindering the ability to refi [...]

I love reading/ hearing about creative spaces!   I saw this article and had to share –

IT wasn’t an easy sell. One partner wanted the space; the other needed to be convinced.  The 10,000-square-foot top-floor aerie at 250 West 57th Street, between Broadway and Eighth Avenue in Midtown Manhattan, was unusual at best. It [...]