PropertyShark Upcoming Real Estate Networking Party in Manhattan
The event will be held on Wednesday, June 5th, at the Vermilion restaurant, in Manhattan, starting from 6 p.m. Admission is free for all those who register in advance.
Announcing the final winners in our Facebook contest
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…
Mobile Property Reports Are Here!
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…
And the third week winner is..
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…
Second Round Winner in Our Facebook Contest
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. Joshua managed to get 11 votes from his friends with the following story: “I have been working in Real Estate for 4 years and…
PropertyShark Reaches the 1-Million Members Milestone in Time for Its 10-Year Anniversary
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…
Selling Homes? These Are the Most Popular Keywords NYC Agents Use to Sell Fast
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…
Hotel Investments in NYC Saw Sharp Fall in 2012
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…
NYC Demolition Permits Slowly Rising, while New Building Permits’ Decline May Be Leveling Out
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. NYC Demolition Permits See a 5% Uptick There were 1,174…
5-Year High for NYC Commercial Sales Volume
The surprise came from Brooklyn last year: the borough managed to register a 5-year record in commercial transactions due to the sale of the Kings Plaza Mall, which raked in $751,000,000.
Top Selling Buildings in NYC
Last year’s waves of sales at Williamsburg’s splashiest development The Edge crowned the building as the top selling NYC building for the second year in a row. With 167 units sold in 2012 at a median price of $804,418, added to the 272 sold in 2011, The Edge has all its 565 units now sold.
Move over Dumbo, Boerum Hill is now Brooklyn’s top neighborhood
 If in 2011 Dumbo took everyone by surprise, ranking 4th in the top 10 neighborhoods, in 2012 another Brooklyn neighborhood grabbed the spotlight. Boerum Hill climbed to 6th place with a median sale price of $950,000, surpassing well known upper class neighborhoods like the Upper East Side, West Village and ultimately Dumbo. As our…
$10M+ Home Sales Surge in the Hamptons
As activity in the luxury market was booming in Manhattan and Brooklyn throughout 2012, the Hamptons didn’t lag behind either. Here’s the proof: sales in the very high end of the Hamptons housing market ($10 million and over) jumped 44% in 2012! The overall picture looked encouraging as well. Sellers and buyers of homes in…
Home Sales in the Bronx Down to a 5-Year Low
Real estate in the Bronx might not be on every home buyer’s tour these days as closed sales in 2012 hit a 5-year low. 2,339 homes in this borough found a new owner last year, a 4% drop compared to both 2011 and 2009 and a larger drop compared to 2008 and 2010. The median…
Gentrified Brooklyn Neighborhoods See Home Prices per Square Foot Shooting Up
Several parts of Brooklyn have experienced significant urban redevelopment and demographic change over the past decade. These shifts — often referred to as gentrification — have brought new investment, rising property values, and changes in the housing and cultural landscape. Increasingly, homebuyers from across New York City have turned to Brooklyn for residential opportunities that…
Introducing Point2Homes – Homes for Sale and Property Data under One Roof
We are proud to present Point2Homes, the real estate listings portal of our sister company, Point2. Having undergone a transition to a new location (point2homes.com), it now offers both real estate listings and property data. And while we’re at it, we want to tell you a little bit about the company itself. Point2 was founded…
10 homes auctioned by the Public Administrator of Queens County
If you didn’t have time to go and see the properties on December 8th or 9th you can still get a sense of what shape they are in by looking at the property reports on PropertyShark.
Public Records Are NOT Error Free! But There’s a Way Around
Everyone in real estate knows that public records are not error free. Some more than others claim this happens too often. We won’t go into that debate. What’s undeniable, however, is the growing need for ways to validate data found in public records and to quickly determine whether the information provided is true or false….
The Most Expensive Streets in the Hamptons
When billionaire Marc Rowan sold his 322 Meadow Lane home in the Hamptons at the beginning of this year for $28.5 million, he left the most expensive street in this part of the East End. Southampton’ Meadow Lane is quite famous for attracting high-profile residents, mostly Wall Street financiers but celebrities as well, all looking…
Temporary Foreclosure Relief for NYC borrowers of FHA-insured mortgages
Federal assistance is on the way for distressed NYC homeowners having an FHA-insured mortgage on their homes. The U.S. Department of Housing and Urban Development has granted a 90-day foreclosure moratorium to NYC borrowers of FHA-insured loans as a result of the damage caused by Hurricane Sandy. This means that foreclosure activity involving thousands of…
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