Monthly Archives - February 2016

2016 Emerging Trends in Real Estate

“A crashing Chinese economy, sinking commodity prices, and other factors have made the 2016 economic outlook seem somewhat dismal … But one industry seems to be bucking those negative trends, and still growing after years of positive performance.” 2016 Emerging Trends in Real Estate was just released by the Urban Land Institute, and the future is looking bright. The report outlines the top real estate trends taking shape across the county. They predict “second tier” cities will take center stages, as [...]

Read more...

The Most Unaffordable Housing Market in America is…

[ezcol_1half]New York Magazine and Bloomberg report that Brooklyn has officially become the least-affordable housing market in the US. According to Bloomberg, in Brooklyn “a resident would need to devote 98% of the median income to afford the payment on a median-priced home of $615,000.” That’s higher then at the height of the housing bubble. The over saturation of Manhattan is sited as the biggest factor in the price surge.[/ezcol_1half] [ezcol_1half_end] [/ezcol_1half_end]

Read more...