Andra Rus
With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.
Malcolm Louis Adams from Century 21 Milestone: Working in Real Estate Is Not Easy, You Must Embrace the Grind
Malcolm Louis Adams is a real estate associate broker at Century 21 Milestone Realty and we had the pleasure of getting his insights for our Expert Interview series. Malcolm is optimistic about Brooklyn’s potential to continue its growth, especially in neighborhoods such as Bushwick and East New York. He is very enthusiastic when it comes…
Manuel Vargas from Keller Williams: Low Inventory is the Most Common Problem
Here’s a fresh interview from our series! We have recently had the pleasure of getting some insights from Manuel Vargas, a licensed broker associate at Keller Williams, where he works with both sales and rentals. Having chosen a career in real estate due to the freedom it affords, Manuel is focused on finding the best…
Yogev Shmuel from Douglas Elliman: Technology Will Make Buyers More Independent
For this new expert interview, we talked to Douglas Elliman’s Yogev Shmuel, who focuses on both sales and rentals. The Shmuel team is experienced in working with many property types, including co-ops, condos, new developments, and townhouses. Aware of the fact that buying, selling or renting a home is one of the biggest decisions people…
Expert Interview with a Dynamic Real Estate Duo: Augusto Bittencourt and Jared Barnett
For the latest interview in our series, we had the pleasure of talking to a very interesting and dynamic real estate duo: Augusto Bittencourt and Jared Barnett from Town Residential. Both had previously worked in different industries and found common ground in the competitive Manhattan real estate market. They shared with us how they spend…
Chyann Sapp: Head to the Bronx before Prices Skyrocket Like They Did in Brooklyn
Chyann Sapp is a real estate agent at Corcoran, working in Upper Manhattan and the Bronx. We’re happy for the opportunity to hear her insights on the local real estate market, especially now as both these areas are attracting more and more interest from investors and home buyers. Since Mott Haven found its way into…
Brooklyn Foreclosures Up 64% Y-o-Y, While Queens Sees 13% Decrease
Here are the key findings from our NYC Foreclosure Report for Q1 2018: 920 homes were scheduled for auction for the first time in Q1 2018, up 31% compared to Q1 2017 Brooklyn saw a 64% year-over-year increase in new foreclosure auctions New foreclosures in the Bronx went up 33% year-over-year, as 117 homes were…
Where Do Top-Earning Homeowners Live? Hint: Not in the Priciest Zip Codes
Back in December, we released our annual ranking of the most expensive zip codes in the US, and the median prices of those in the top 100 were probably quite shocking to the average person who has to live on an average income. As a follow-up to that story, we compiled a list of the…
2018 Market Predictions Survey: East NY Stays Hottest Neighborhood
What better way to start off 2018 than with a fresh set of real estate market predictions? Read on for insights on NYC’s real estate market, coming directly from the real estate pros that took our survey. Key highlights East NY and Bushwick unbeatable as NYC’s hottest neighborhoods; the Bronx enters the ranking with Mott…
NYC Foreclosures up 58% Y-o-Y in 2017, Reach Highest Level in 8 Years
Key findings 3,306 NYC homes were scheduled for auction in 2017, representing a 58% year-over-year increase Staten Island, up 134%, sees the most dramatic year-over-year increase In Brooklyn, first-time auctions doubled compared to 2016 Queens and the Bronx see increases of 40% and 44%, respectively 12,072 homeowners received a lis pendens filing in 2017, down…
Top Most Expensive US Zip Codes in 2017
Ranking the priciest zip codes in the US based on closed home sales It’s December which means it’s time for our annual report on the 100 most expensive zip codes in the United States. We consider our report to be the most accurate benchmark of the country’s most exclusive areas as we are the only…
East Coast vs West Coast: Which Sells More Million-Dollar Homes?
Besides the East Coast vs West Coast hip-hop rivalry of the 90s, the two coasts have long been subject to comparisons and cultural differences. When it comes to housing, they do have unaffordability and sky-high prices in common, as most of the nation’s priciest markets are located along the coasts. In many places around the…
Here’s Where Home Prices Increased the Most in Silicon Valley
Key findings Prices in Menlo Park, Mountain View doubled since 2007; Palo Alto median price surged 131% Median home sale prices added more than $1 million over the past decade in seven towns Atherton is Silicon Valley’s most expensive town – the median sale price here increased 45% since 2007 and hit $5.1 million Los…
Flatiron Ranks #1 among the Priciest Neighborhoods in NYC
Key Takeaways: The Flatiron District is the most expensive neighborhood in NYC in Q3 TriBeCa occupies the second spot, with sales activity dropping considerably The exclusive Central Park South rounds out the top 3, with a median sale price of $3.4M Red Hook is Brooklyn’s most expensive neighborhood in Q3, overthrowing DUMBO In its most recent…
New Foreclosures in NYC Up a Striking 79% in Q3 2017
Key highlights – Q3 2017 NYC Foreclosure Report NYC foreclosures up 79% year-over-year and down 6% compared to Q2 2017 All 5 boroughs saw new cases going up year-over-year New foreclosure cases in the Bronx increased a staggering 145% year-over-year After a peak in new cases in Q2 2017, new foreclosures in Brooklyn were down…
PropertyShark’s 10th Annual Client Appreciation Party Is Coming Up Soon
Join us in celebrating an amazing milestone: we’re organizing our 10th annual client appreciation party on September 26th. We’ve come a long way since our early years and as this couldn’t have been possible without you, we’d be happy to see you at the Copacabana Times Square for an evening of fun, relaxation, and networking….
When Will Harlem’s Townhouse Market Catch Up with Manhattan Prices?
The average sale price/sqft of townhouses in Harlem climbed 171% since 2009 Downtown Manhattan has the highest average sale price per square foot Harlem records a 15% average yearly growth rate – if current pace continues, it could catch up with Manhattan’s average by 2028 Harlem is clearly undergoing some quite dramatic changes and the…
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,…
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…
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…