Mortgage Rates Hit Historic Low 3.84 Percent
Mortgage Rates Hit Another Historic Low NEW YORK — Mortgage rates dropped to another all-time low this week, providing another stimulus to the strengthening housing market. The average rate on a 30-year mortgage was 3.84 percent, according to survey results released by Freddie Mac. That’s the lowest rate ever since long-term mortgages were More...
Should I Buy Or Should I Rent?
Should I Buy Or Should I Rent? NEW YORK — The question almost sounds like the title of a Clash song: Should I buy or should I rent? The results of a new study make it clear. Buying is the better option. A confluence More...
Spring Optimism for NYC Condo Sales
Spring Optimism for NYC Condo Sales All signs are pointing to a fairly healthy spring season for the sales of new condominium apartments in the city, according to a new report released Thursday that tracks the More...
NYC Condo Buyers’ Wish Lists Shifting
A bird’s-eye view of Manhattan. During the flush times of the mid-2000s, new condo buyers sought out brand-name, high-end appliances, along with jaw-dropping amenities and niche details. Now, they are much More...
Which Would You Buy: Apple Stock or a Home?
In 2002, if you had purchased Apple stock instead of putting the same amount of money into a house, you’d have almost $10 million right now. — “Why Apple Stock Is Better Investment Than a House,” More...
What Is the Best NYC Neighborhood?
What Is the Best NYC Neighborhood? NEW YORK — Recently, I had the good fortune to answer the question: What is the best New York City neighborhood to live in? Asked by Trulia user Crazykenny, the query was an More...
Long Island City Apartments Luring Families
A Manhattan View From Long Island City NEW YORK — Long Island City, a Queens neighborhood just one subway stop from Manhattan, has been seeing something of a housing boom lately. As families abandon the suburbs More...
Warren Buffett: I’d Buy ‘A Couple Hundred Thousand’ Homes
Billionaire investor Warren Buffett calls housing "cheap." Warren Buffett, the billionaire investor known as “The Oracle of Omaha,” made a resounding statement Monday in support of buying More...
New York City Vs. Suburbs: A New Trend Emerges
New York City Vs. Suburbs: A New Trend Many experts believe that these large apartments, whether in new full service high-rises or a rare historic townhouse, are the most coveted at the moment and could soon hit More...
NYC Apartment Agent In New York Magazine
New York Magazine features NYC Apartment Agent Bruno Navarro. NEW YORK — Even better than loving your job is being recognized for it. Last week, New York Magazine published a feature on first-time home buyers More...