Monthly Archives: May 2022

Opinion: Why we need a mortgage rate reset

May 24, 2022 |

When writing about the ’80s banks and passbooks, I started to see a pattern emerge concerning customers and refinance loans and rates. They were so high; then so low. I started thinking about farming. Farmers know that you can’t keep putting the same plants in the same dirt season after season. You kill your soil. […more]

You can pick your own tulips on Park Avenue

May 24, 2022 |

Photo courtesy of East Midtown Partnership on Flickr Get your trowels ready! The Park Avenue Tulip Dig is back, giving New Yorkers the opportunity to dig up and take home tulip bulbs planted along the famed thoroughfare between the north side of East 54th Street and the south side of East 86th Street. Approximately 60,000 tulips are planted every […more]

Frenzy Vs. Rates

May 24, 2022 |

Good summary of today’s market conditions by Nick:  

Group of NYC building owners sue city over greenhouse gas emissions cap

May 24, 2022 |

Looking north towards Billionaires’ Row © 6sqft A group of New York City building owners is suing the city in an effort to block a 2019 law that requires large buildings to lower greenhouse gas emissions. Local Law 97 mandates owners of buildings more than 25,000 square feet to cap their property’s greenhouse gas emissions or face fines. […more]

Waldo Home Sales Report – April 2022

May 24, 2022 |

Spring is so lovely in Waldo! Even when we have spring showers. Are you enjoying the longer days and cooler nights? More daylight hours for house shoppers! Prices were up last month in Waldo compared to a year ago; here are the numbers: April 2022 April 2021 Median list price: $247,000 $244,500 Median sales price: […more]

Pace of New Home Sales Plunges, Inventory Hits a 12-Year High

May 24, 2022 |

Having dropped a downwardly revised 10.5 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. fell another 16.6 percent in April and has plunged nearly 30 percent since the start of the year to an annualized rate of 591,000 sales, which is 26.9 percent lower than at the same […more]

Alabama Slam Dunk – Tuscaloosa Turnkey Transformation

May 24, 2022 |

This week’s Transformation Tuesday is from Tuscaloosa, Alabama. We love showcasing our newest markets in Alabama, and are particularly proud to share this ranch-style single-family residence based in Crimson Tide country. We saw a lot of potential in this family-friendly property, as dated as it appeared in its original condition.

Mortgage Market Guide Monday-5/23/2022

May 24, 2022 |

A Look Into the Markets This past week, home loan rates improved slightly in response to growing fears of a recession. Let’s walk through what happened and discuss what to look for in the week ahead. “I get a check on Friday, but it’s already spent.” – Workin’ for a Livin’ by Huey Lewis and The […more]

City of San Diego Tenant Protection

May 24, 2022 |

San Diego renters can breathe a sigh of relief knowing they are a little bit more secure as the city’s new eviction moratorium is now in place for renters who are up-to-date on their rent payments and abiding by the terms of their leases. “San Diego cannot afford to have one more person enter into homelessness and […more]

Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract, One Still Available

May 24, 2022 |

This week, a look back at four of our featured listings from six months ago focuses on homes in Park Slope, Fort Greene and Bed Stuy. How did they fare? The best feature of this two-bedroom co-op may be its seven large windows, which wrap around two sides. It’s located on… Read More > The […more]