Month: July 2013

How will rates affect the Real Estate Market?

It’s interesting to read what Fannie Mae has to say about mortgage rates. You may read about it here. “The question arises whether the recent increase in interest rates will stall the housing recovery, a relative bright spot in the economy during …

July 2013 NYC Absorption Report w/Commentary

The report which I find most enlightening and which I give the most weight when discussing the strength/weakness of NYC’s housing market is the Absorption Report, which shows how quickly apartments are selling, and overall how much inventory is on the market.  In recent months I’ve …