How Real Estate Professionals Can Get Ahead During This Time
With no foreseeable end in sight when it comes to the ongoing pandemic, many real estate investors are pondering whether the timing is right to add properties to their portfolio given what is and will likely continue to be a very unpredictable market. Real estate investors are likely to find more good deals on homes […]
New York Market Shows Early Signs of Recovery
After several trying months, the New York City real estate sector is rebounding. Following the city’s phase 2 reopening phase, data sourced by UrbanDigs indicated that contract activity ramped up 41%, hitting a new peak since the nationwide shutdown in March in response to the COVID-19 pandemic. The numbers also showed the volume of new […]
How Long Will It Take for the Housing Market to Recover from Coronavirus?
This is the million-dollar question asked by both clients and colleagues. When will there be some “normalcy” in the market? In the wake of the 9/11 attacks, we saw the Fed cut interest rates, followed by consequent increases in signed contracts. Median prices were stable for around six months, before rising 11% in the following […]
Be There for Your Borrower
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Providing Counsel and Leadership – Decisions to Make in Spring of 2020
During these uncertain times, leading with experience and confidence and providing exceptional service and communication is essential. We believe that the real estate market and lending environment will return in a strong steady manner over the coming months. We draw upon our extensive experience handling significant market changes and disruptions, including 9/11, the 2008 Economic […]
