NYC Rental Market Hottest as Construction Hits 20-Year High
New York City remains one of the hottest rental markets as apartment construction hits a new record high this year. Apartment construction has been unstoppable, with thousands of new buildings under development all over the country. Is it enough? Is it too much? What will the impact of this volume be on the market? New…
HFF Arranges $28M Refi for Brooklyn Mixed-Use Building
HFF has recently arranged a $28 million refinancing for the mixed-use building located at 110 4th Ave. in Brooklyn’s Boerum Hill. The firm placed the 10-year, fixed-rate, interest-only loan covering 75 percent of the property value with Jefferies LoanCore LLC, per PropertyShark data. A debt placement team led by HFF Managing Director Scott Aiese represented…
Tides Turning for Manhattan Office Sales Market in Q2
Key takeaways: Q2 office sales volume drops 57% Y-o-Y Average price per square foot crosses over the $1,000 threshold Most expensive sale of Q2 – Park Avenue trophy asset changes hands for $2.2B 7 projects to come online in Q3, bringing an extra of 2.8 million square feet Q2 Office Sales Volume Goes Down 57% Y-o-Y…
Foreclosed Homes in NYC Soar to 2009 Levels; Brooklyn Sees Dramatic 105% Y-o-Y Increase
Key takeaways NYC residential foreclosures up 42% Y-o-Y, soaring to levels not seen since Q3 2009 Foreclosed homes in Brooklyn climbed 105% Y-o-Y; 264 properties were scheduled for auction in Q2 2017 Staten Island sees number of foreclosure cases double compared to the same quarter of 2016; 105 homes were foreclosed in Q2 2017, while…
TriBeCa Still #1 Most Expensive NYC Neighborhood
Following a period of stabilization, the second quarter of 2017 brought a period of renewed price growth to some areas of New York City, particularly to its most expensive neighborhoods. Median sale prices trended upwards in most of the city’s 50 most expensive neighborhoods. Only 11 areas saw prices slide in Q2, a significant change from Q1,…
The Most Expensive Zip Codes in Indiana
Quick facts: Indiana’s #1 most expensive zip code is 46290 in Indianapolis Indiana’s priciest zips are also concentrated in Greater Indianapolis Boomtown Carmel is home to 2 of the state’s 50 most expensive zip codes Recently named the Indiana home values inched up 0.5% in 2016, with the current year expected to push values up by…
US Homes Keep Getting Bigger: What Does This Mean for Our CO2 Emissions?
Key takeaways The top states by total CO2 emissions for the housing sector are Texas, New York, and Florida; California, the largest state in the US, ranks 6th New England states have the largest CO2 emissions per home; Hawaii, DC, and the West Coast states have the lowest emissions If US homes were an average…
The Most Expensive Zip Codes in Florida
Quick facts: 33109 in Miami Beach is Florida’s #1 most expensive zip code and the 4th most expensive nationally Florida’s top 3 zip codes boast seven-figure median sale prices Miami and Fort Lauderdale are home to the highest number of zips – 6 each Home to some of the hottest real estate markets in the country,…
Top 50 Best-Selling NYC Buildings of All Time
New York is a city of condo buildings whose names resonate almost as strongly as those of top celebrities. As older, established condo buildings are now joined by new developments that are changing the city’s skyline and making headlines thanks to units that go for dizzying prices, we set out to find out which are the…
The Most Expensive Homes for Sale in Montana
Once a wild and rowdy gold rush territory, the Montana of nowadays offers comfortable, luxurious real estate in some of the most pristine natural landscapes in the country. Enviable wooded acreages and breathtaking waterfront views offer the peace and privacy so many covet. At the top end of the market, Montana’s natural beauty is brought…
The Most Expensive Zip Codes in Southern California
Quick facts: Santa Monica’s 90402 is Southern California’s #1 most expensive zip code SoCal’s 50 most expensive zip codes have median prices above the $1M mark Los Angeles is home to 11 of Southern California’s 50 most expensive zip codes Beverly Hills’ 90210 is SoCal’s #2 most expensive zip code and #7 nationally SoCal’s real…
The Most Expensive Homes for Sale in Oregon
Rapidly shrinking inventories, a severe shortage in new housing developments and a continuously growing population have made their impact on Oregon’s housing market, especially in the Portland metro area. First-time home-buyers are struggling to find affordable homes here, even middle-income earners. As prices and interest rates continue to climb, while the supply of available properties…
Most Expensive Zip Codes in Maryland
Quick facts: Gibson Island’s 21056 is Maryland’s #1 most expensive zip code Montgomery County is the #1 county for expensive zips – 22 out of the top 50 Silver Spring and Bethesda tied for city with highest number of pricy zips – 3 each Maryland’s largest residential sale was registered in Bethesda’s 20814 Boasting the …
The Most Expensive Homes for Sale in Minnesota
Following a year of tightening supply and steady demand, Minnesota’s real estate market outlook for 2017 is more of the same – frustrated buyers competing for an ever-shrinking pool of properties for sale. Last year’s 4% median price expansion is expected to climb to 5% in the current year – good news for sellers, less…
The Most Expensive Homes for Sale in Utah
Home to one of the top housing markets in the nation and one of the strongest economies in the U.S., Utah’s real estate market is doing just fine.  Despite tight inventory levels and double digit price growth, the Beehive State’s real estate market is showing no signs of slowing down – although some popular areas such…
Top 10 Best-Selling NYC Buildings in Q1 2017
The performance of NYC’s residential market in the first quarter of 2017 was heavily impacted by closings at new condo developments which propelled median sale prices to record highs in many parts of the city. We thought we’d take a closer look at the most popular new NYC buildings in Q1. A recent analysis by PropertyShark…
The Most Expensive Zip Codes in Ohio
Quick facts: Terrace Park’s 45174 is Ohio’s #1 most expensive zip Columbus and Cincinnati tied for city with highest number of pricy zips – 8 each Franklin County is the #1 county for expensive zip codes – 11 out of the top 50 Residential real estate in Ohio had a great run in 2016, registering its…
The Most Expensive Homes for Sale in Virginia
Virginia’s real estate market kicked off 2017 with a strong step forward, registering year-over-year increases in both the pace and volume of transactions. January figures showed a 3.2 percent year-over-year median sale price expansion – indicating stabilized growth – while inventories continue to shrink throughout the state. While average buyers, especially first-time homeowners, are finding it…
Top Most Expensive Homes for Sale in Tennessee
Boasting one of the hottest residential markets in the country with Nashville, Tennessee’s real estate market is on an upwards swing. Named the strongest housing market in the country twice in 2016 by Freddie Mac, Nashville outranked similar-sized cities such as Austin and Charlotte. Northeast Tennessee has been generating some pretty impressive stats as well, with inventory…
Brooklyn Home to Four of NYC’s Top 10 Priciest Neighborhoods
With the verticality of New York City’s real estate prices, headline-making residential sales are a common occurrence for the city that never sleeps. Even with current market conditions – call them stabilizing, cooling or correcting – many of the Big Apple’s neighborhoods are posting dizzyingly high prices. As the first quarter of 2017 came to…
Want to stay on top of the real estate market?
Access comprehensive property data and ownership information with intuitive research tools.