Exposure- Spring 09 in Madison Square

Ahhh, spring is in the air and much needed for most of us. While what I thought would be a  weekly photo essay I would call “exposure” I have definitely slacked off and become distracted.  The idea was I would try to feature images and video clips of the city that I love with a [...]

Mortgage Rates At 52-Year Low

While some say there is “Not much further to drop” some of the analysts say that rates could go a bit lower, “they won’t make any more dramatic plunges.” That being said, seize the opportunity to capitalize on these rates and seller’s negotiability!
The average 30-year fixed mortgage rate dips to 5.19%, according to a report [...]

Open Houses Starting To Draw Crowds

Foot traffic at open houses around the city has picked up surprisingly in a development that brokers are hailing as a glimmer of hope. As spring is getting ready to march in, winter is ready to take it’s bow. These are tell-tale signs that the serious buyers are ready to go out there and [...]

How to Get to Contract Quicker

One of my favorite Real Estate Attorney’s shares great tips on making any deal go smoothly. Greg Maybaum points outs why giving the right information from the get go can help any transaction move ahead.  Check out his latest TIPS FOR SUCCESS ………..

Tip #7 - How to Get to Contract Quicker

Do you want to [...]

Low Prices And Bloated Inventory

By Doug Reiser
Why wait? As we all  know, the housing prices have dropped around the country. Here in Manhattan, we are feeling the drop in home prices up to 25 and 30 percent. I don’t have a crystal ball to tell you how long this will continue, but there are great deals out there and [...]

Sarah Jessica Parker, The Next Super Broker?

SJP takes over NYC in a new way. Sans the ladies and Mr. Big, Manhattan’s favorite gal is trying on a new pair of shoes, she just better not get in my way!
The Mark Hotel on Madison Avenue sales office was transformed yesterday: “Apparently they’ve transformed the sales office at the Mark Hotel into a [...]

Just Sold For What? Is This The Bottom of the Market?

Yesterday in the NY POST Just Sold, an apartment in the WEST VILLAGE sold for $455,000. The address 222 W. 14th St.  It is a junior one-bedroom, one-bath condo, 600 square feet, with foyer, open kitchen with marble floors and walk-in closet; building features doorman, garage, gym, laundry and storage. Common charges $411, taxes $350. [...]

Contract Signed?

Not only is due diligence taking longer these days, but the number of days on the market, time to negotiate a deal and the waiting for the signed contract makes everyone on edge. So many people are walking away from deposits and hoping for a reduction after all is signed on the dotted line.
In the [...]

Spring Ahead! About Time…

At 2 a.m. on March 8, 2009, groggy Americans will turn their clocks forward one hour, marking the beginning of Daylight Saving Time (DST).
The federal law that established “daylight time” in the United States does not require any area to observe daylight saving time. But if a state chooses to observe DST, it must follow [...]

J.P. Morgan CEO on bank lending

Check out CEO Jamie Dimon of J.P. Morgan Chase & Co.  He says many banks continue to lend, despite rumors to the contrary.
Video Here!

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