So if you haven’t been following developments in the real estate market non-stop for the past several weeks, fear not! I have done it for you. Here are a number of topics including:
The Phased Re-Opening Of New York & The Flattening Of The Curve Timeline. Governor Cuomo introduced his plan for the phased re-opening of New York State and what implications that could have for the real estate industry in NYC as well as a discussion about the timeline that is created by flattening the curve successfully as we seem to have done in NY.
The Good News And Bad News About Real Estate Pricing/Values In NYC Right Now. I’ll give you a hint: there is no consistent correlation between significant real estate price drops and pandemics. The bad news is that this coronavirus pandemic is not like other pandemics..
Mortgage Rates Are At Their Lowest Levels EVER (part 1):
Mortgage Rates (part 2), I have a discussion with Senior Mortgage Officer Eric Stam from Bank Of America
1031 Exchange Dates And Other Important Real Estate Deadlines Are Being Pushed Back:
How To Get A Good Deal On New Development Real Estate Right Now And Why New Development Is Still Seeing Some New Contracts:
Real estate discussions, info and updates from Cary Tamura, Associate Real Estate Broker with The Corcoran Group in NYC.
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