Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.
As a real estate broker for almost for 30 years, I have seen many people come and go, in and out of this industry. Why do some succeed, while others tuck tail and run?
In a tragic turn of events last week, a troubled Upper West Side condo owner who said his building harassed him about his pitbull took his own life just hours after euthanizing his healthy five-year-old dog.
The Florida housing market represents the worst of the bubble and hope for recovery. Let's hope the Republican candidates have something to say about it, because Florida voters will.
You might have missed it among the long, long to-do list Obama gave last night, but the president announced two new housing proposals: more refinancing, and more investigations of banks. Neither is a breakthrough.
They say if you can make it here you can make it anywhere, and that old line certainly rings true for Manhattan's renters. NYC is truly a tough market for those looking to lease or ready to rent.
Usually, stepping into the waiting room at this attorney's office felt like wiggling into too-small jeans. But, when I arrived recently, representing a client selling her home, I didn't need the 10 minutes I allotted to find a parking spot.
Rather than reverse a rejection, it's much more common for a board to ask for more information before rejecting, giving buyers a chance to allay anxieties or correct inaccurate or incomplete information.
Although the market forecast looks gloomy elsewhere, Manhattan's outlook remains calm, temperate, and downright attractive. The demand is certainly there and prices are on the rise.
I'm all about making connections. I've been networking my entire life -- I'm not kidding when I say I started networking in elementary school -- and funnily enough it's all come full circle.
After news that Governor Snyder lifted the limits on the number of charter schools operating in Michigan, you may be asking yourself, "What's stopping me from opening my own charter school?" Not much, in all likelihood.
My crystal ball is never as crystal-clear as I'd like, but I do think that we can expect a gradual economic recovery to move the housing market a few steps back toward normal in 2012.
if you really, really love an apartment or a home, $100k is not a big difference in a monthly payment (especially at today's rates).
Admit it: When you hear the real-estate maxim "location, location, location," you think about great neighborhoods and awesome transportation. That's fine -- unless you're looking for an apartment.
I once interviewed a banker who made the following statement: "People have to eat, people have to go to the bathroom and they need a place to sleep, so if you sell food, toilet paper or real estate you're always going to make a living."
We have a saying in my industry that "buyers are liars." Buyers aren't actually lying to their brokers, it's just that sometimes we come to find out that our "must haves" are wants rather than needs.