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Buyers Are Heating Up The NYC Suburb Real Estate Market

Submitted by Highline on Tue, 07/11/2017 - 11:49

Buyers Are Heating Up The NYC Suburb Real Estate Market

Some people from out of state may imagine New York City real estate only thriving in the heart of the city, however, in 2016, the market heated up considerably in the suburbs. New buyers are making their way to the more spacious commuter neighborhoods as the sudden surge of activity is having a significant impact on available home inventory.

The Latest on Rising NYC Construction Costs

Submitted by Highline on Thu, 02/16/2017 - 12:08

New York City faces a mixed bag of current markers in the world of residential and commercial construction activity. In some ways, it's good news that the rate of cost increases is slowing. But costs are up once again throughout the city's five boroughs. If that's no surprise to you, the good news may be that the 2016 rate of increase was approximately 4 percent, pretty much in line with the average 3-4 percent increase in 2016 in major markets across the nation.

Queens Sales Activity Report

Submitted by Highline on Thu, 05/26/2016 - 09:34
Over the past five years, we have made our way through a housing recovery which has seen prices rise to and above 2007 levels and financing requirements loosening up to allow more and more buyers to enter the market.

But as buyers enter the market today, they may find themselves in the unenviable position of having to compete with a significant amount of all-cash and high down payment buyers while dealing with the limited inventory available in their areas of interest.

Top 5 Best Value Neighborhoods If Commuting

Submitted by Highline on Tue, 03/22/2016 - 07:30

If you are like the average budget conscious professional in New York, you probably don’t want to spend your entire life on the subway, and you probably don’t want to spend an arm and a leg on your apartment. Most professionals in New York commute to the two central office hubs of the city, Midtown and the Financial District. If you are commuting to one of these areas, a neighborhood that you may never have heard of could potentially be a great value and option for your next apartment.

Brooklyn Development Spotlight - zip codes with most development activity

Submitted by Highline on Fri, 11/13/2015 - 22:10
Brooklyn Development Spotlight

A common view in Brooklyn is one with multiple cranes and buildings being constructed. Where is the most development activity occurring today and where may we see activity occur moving forward?

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All information regarding an apartment or property for sale or rent as well as tax or financing information is deemed to come from reliable sources. No representation or guarantee, however, is made as to the accuracy thereof, and such information is subject to errors, omission, changes, prior sale or rental, commission or withdrawal without notice. All square footage, dimensions, or number of rooms are approximate and provided for guidance and on a best-efforts basis only. Please verify square footage yourself before making any decisions. Exact dimensions and room counts can be obtained by retaining the services of a professional architect or engineer.