It’s hard to believe 2015 is already at a close. But it’s happening, and everyone’s getting ready for the new year and preparing their resolutions. In the real-estate industry, we’re excited for the trends that are predicted to take place in the coming year. This is a business that’s used to big and rapid changes, so we’re looking forward to what the new year has in store for … [Read more...]
Removing the Mysteries Behind Co-Ops and How They Work
“Co-op,” which is short for “housing cooperative,” is one of those real estate terms that I have heard about in passing, but never really had a full understanding of what it meant. I knew a co-op was some kind of apartment, but that’s about it. If you have never owned a co-op, there’s the possibility that your understanding of what it is might be a little vague. This week, we … [Read more...]
Technology’s Impact on the Real Estate Industry
Given the amount of stress that goes into buying or selling a house, technology is certainly a huge factor when it comes to making the process easier than it used to be. With social media, new gadgets and various apps, buying and selling a house has become a very electronic experience. One piece of technology that has been gaining much attention in real estate is the new … [Read more...]
Deep Dive into the Condo Market: “Mind the Gap”
How the Pricing Between Single-Family Homes and Condominiums is Suppressing Growth in the Condo Market (Wonky) This week, we finished work on the Rand Quarterly Market Report, which will be published next week. In the Report, we look at the single-family and condominium markets throughout the region, including Westchester, Putnam, Dutchess, Rockland, and Orange Counties in New … [Read more...]