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| As we dive into the summer season, the New York City real estate market is heating up with exciting opportunities and vibrant energy. From stunning rooftop views to charming brownstone homes, this summer is promising an array of enticing options for both buyers and sellers. Join me as I explore the local and national real estate news, latest trends, notable listings, and valuable insights into the dynamic world of NYC real estate. |
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| | "The Housing Market Hit Bottom Last Year. |
| There are more homes for sales on the market today than this time last year and how I think when mortgage rates drop below 6%, there will be a flood of new buyers and sellers." |
| | | The US economy grew at a strong 2.8% annualised rate in the second quarter, in a sign of consumer resilience as the Fed considers cutting interest rates in the coming months, surpassing economists’ expectation of 2% GDP growth between April and June and compares with a weak 1.4% expansion in the first quarter. Watch REUTERS' 60 second clip. |
| | | | | I am excited to announce the release of the Compass highlights the prevailing trends shaping the market. |
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| | "The bond market is already pricing in rate cuts... |
| so the simple act of the Fed cutting is not necessarily going to have a direct impact on mortgage rates,” Alan Ratner, managing director for housing research firm Zelman & Associates “ Watch the CNBC Interview HERE. |
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| These States Have Some of the Poorest Americans – and the Highest Homeownership Rates |
| Some states with the lowest incomes have the highest home ownership rates: Mississippi (76%), West Virginia (77%), Alabama (74%), Kentucky (69%), and Arkansas (66%)..... do low incomes allow for cheaper home building perhaps? Does home ownership with a fixed housing cost help? New York, California and Massachusetts have some of the highest levels of personal income yet count themselves among the states with the lowest homeownership rates. |
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Is New York's Midtown business district in full recovery mode? Midtown Manhattan overall leasing totaled 6.13 million square feet, 19% ahead of the 5-year monthly average of 5.15 million sf. Midtown’s recovery marked the 3rd consecutive 1/4 of leasing above the 5-year quarterly average, the 1st time that’s occurred since 2018. (NY POST) |
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| The 4 New York State Towns Called Out on The Twilight Zone |
| Rod Serling, creator of The Twilight Zone, was born in upstate Syracuse, NY then moved with his family to Binghamton. Serling served in the military before going to college in Ohio and working in New York City. He then moved into television and freelance writing which is when the Twilight Zone was born. Here's the 4 towns. |
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| Stegosaurus Fossil Sets Record for Dinosaur Auctions |
| New York - The nearly complete fossilized remains of a stegosaurus fetched $44.6 million at auction, Sotheby’s said. The American buyer’s name was not disclosed. “Apex,” is considered to be among the most complete ever found. Click HERE for the AP article & video. |
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| Fridays, Jul 12 - Aug 16, 2024 |
| | The renowned art institute's summer music series is back for it's 26th annual season! Head to Long Island City to MoMA PS1 to catch a glimpse of innovative artsist from all over the world maijng an echo in the scene of electronic music, both new and historic. For all the music lovers, this is an event series you don't want to miss! Click HERE to learn more! |
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| Enjoy 5 NYC Outdoor Dining Spots Before They Change This Fall |
| Since the pandemic, the sidewalk in front of Cafe Gitane has drawn even larger crowds after the Nolita institution more than tripled its number of outdoor tables, thanks to the city's relaxed rules around outdoor dining during the pandemic. Every day it’s like their own little block party. |
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| | It was a very fun and successful corporate softball spring season. We succeeded in making it to the playoffs for the 6th year in a row, however, got knocked out last week. The Crushers are looking forward to another run at the championship in 2025! Stay tuned... |
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| BMW Tangamanga 1/2 in San Luis Potosi, Mexico |
| I managed the challenging elevation (6400+ ft) best I could, but my pace definitely suffered. Still, an incredible experience and the most beautiful 1/2 marathon course Ive ever competed in. |
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I'm not so fast but Runner's World talked to runners about how they stay fast over age 50. Here are 9 key tips on how they avoid the comparison trap and injury setbacks to dominate their age groups. #9 seriously, motivates me: 1. They Train With Groups (and Younger Runners). 2. They’re Picky About Their Coaches. 3. Instead of Comparing to Past Times, They Set Lofty Future Goals. 4. They Keep Their Motivation in Mind. 5. They Find Strengthening and Stretching Routines That Work. 6. They Cross-Train—Sometimes, Hard. 7. They Recognize the Difference in Aches versus an Injury. 8. They Find Doctors Who Take Them (and Running) Seriously. 9. They Use Aging as Inspiration. |
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MLB Switch-pitcher Throws 95 MPH...From Both Sides! |
| Jurrangelo Cijntje is ranked as MLB Pipeline’s No. 25 prospect in this year’s class and becomes the latest -- and by far the most intriguing -- pitcher to join an organization. |
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| | On my way home from a Ninja Selling networking event. |
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| | | | On my way home from Saratoga Springs, NY. |
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| | 1349 Lexington Avenue, Unit 5F |
| 3 BD 2 BA $1,395,000 (SIGNED CONTRACT) |
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| | 1349 Lexington Avenue, Unit PH2 |
| 1 BD 1 BA $975,000 (SIGNED CONTRACT) |
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| | | | | STUDIO 1 BA $315,000 (BACK ON MARKET) |
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Office: 646-982-0353 Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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