The most anticipated moment of our contest has finally arrived! It’s time to announce the final winners of both the lifetime subscription to PropertyShark services and of our big prize, the iPad Mini.
The good news is that, once again, there are 2 people who won subscriptions. Votes were pouring in on the last minute for Gabe Chitzlifs and we were so impressed of his friends’ support that we decided to give away a second subscription this week.
From the feedback we’ve been constantly receiving from our users (thanks so much, by the way!), we know that many of you have been facing the challenge of solving more client requests while on the go.
In the light of this, we’re excited to let you know that we’ve just launched a product that’s meant to help you work more effectively — mobile friendly property reports. This means that you can now have the wealth of property information included in the reports, available directly on your smartphones and tablets.
Kamla Jaikaran! She shared her PropertyShark story with us on Facebook and won a lifetime subscription. Here is her story:
“I started using propertyshark to complete my BPOs and what a difference; it has facilitated the whole process. So much better that the local MLS. There are properties that closed and agents haven’t update the MLS or it just was not listed. How many of you can say you can come about this, I know it is quite a few of us. I also use it to get information from the owners, alternative address and the history of the properties. There is nothing better than this site. Geodata has nothing on PROPERTYSHARK!! You can search and compare properties. You can build your own property list, you can search foreclosures, see when they are going for auction. The forums help you when you need to connect with others. You can even list your properties on propertyshark. This is a true “One Stop Shop” per say. This site is the world to me!!What would we do without propertyshark?!!”
NYC foreclosures recorded a new low in the first quarter of this year, according to our quarterly report. However, pre-foreclosures continued their upward trend, reaching a two-year high.
Down a significant 29% year over year (146 compared to 206), and 33% over Q4 2012, the number of new NYC foreclosures is now the lowest since the beginning of the real estate meltdown.
Take a look at the chart below to see the trend in foreclosures for the past 8 quarters: Continue Reading…
The second round of our Facebook contest is over, thank you all for your submissions and for your nice words. Joshua Haller is this week’s lucky winner of a lifetime subscription.
Ten years after PropertyShark.com was launched, we’re very happy to announce that we’ve passed the 1-million registered members milestone, just in time for our anniversary. We’d like to take this opportunity to thank all our users for helping us grow through giving us their business, passing on recommendations, or simply for browsing our site.
Because we want to give something back, we have some great prizes for you in our Facebook contest, so make sure you check it out. Also, since we’re looking back at what we’ve done in these past 10 years, we’d like to take you on this journey, so we’ve prepared a graphic to mark the occasion (click on the image below to enlarge it).
Selling a property can take a long time, and in NYC the average selling time can last even longer than in many other parts of the nation. One of the things that agents can do to speed up a sale is to work on the listing description carefully.
And if you ever wondered what those “magical” words that might help sell an NYC home faster are, a recent study made by real estate listings portal Point2Homes (PropertyShark’s sister company) might give you some answers.
Although last year the overall activity in the commercial sector in NYC was the most upbeat we’ve seen in 5 years, the hotel segment was far from boasting the same results.The sales volume dropped by 58%, totaling only $1.6 billion. This is a sharp fall from the results seen in 2011, but still at least twice the figure in either 2008 or 2009.
The number of transactions saw a 30% decrease year-over-year, with only 31 deals closed in 2012, while the median sale price also dropped by 78% over 2011, from $46 million to 10 million.
One of the (very) early signs that new construction is about to start is that old buildings are being demolished. In New York City, the total number of demolition permits issued in all boroughs has been on an upward trend, although it’s a slow rise.
