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…
Updated: NYC Foreclosures Up 43% Year-over-Year in Q1
Note: This article was updated on July 7. The initial stats under-reported Q1 2017 foreclosure numbers due to an error in exporting data. Please check at the end of the article the corrections that were made to the original stats. Key takeaways New foreclosure cases in NYC were up 43% Y-o-Y in Q1 2017 Brooklyn…
Brooklyn: Foreclosures Climb in the East and Home Price Gaps Deepen
Among headlines that crown Brooklyn as one of the most expensive real estate markets in the US and that announce record-breaking sales of luxury properties, PropertyShark’s 2016 foreclosure report revealed quite an intriguing trend: the number of new foreclosures in the borough has been steadily climbing for the past 5 years. We decided to investigate further and…
Debra Hoffman from Town Residential: Prices Are Starting to Level Off in the Sales Market
We’re happy to start off 2017 with a new interview in our series! This time, Debra Hoffman from Town Residential shares with us both her assessment of the year that has just ended and her predictions for 2017. Debra believes there’s a lack of inventory in the $1M to $3M sales market, and if priced…
Real Estate Pros Say East New York and Bushwick Will Be the Hottest Neighborhoods in 2017
With the perspective of a new year in mind, PropertyShark surveyed its clients, NYC real estate professionals, to find out their market predictions for 2017. Some of the results might come as surprising so read on to find out more. Here are just some of the key findings: According to the pros surveyed, NYC’s most in-demand neighborhoods…
Top Most Expensive Homes Sold in L.A. County in 2016
This Year, the $100-Million Home Sale Finally Happened in L.A. County 2016 brought the biggest home sale ever recorded on the L.A. market, hitting the $100 million mark. What’s more, two different homes traded for this amount, sharing the top spot on our list of most expensive homes. The first $100-million sale on our list is the…
These 4 Billionaires Are Rich Enough to Buy LA’s Most Exclusive Areas
The world’s top 4 billionaires could afford to buy all of LA’s most exclusive areas Malibu, Venice, Santa Monica, Beverly Hills or Bel Air. When it comes to the world of real estate, these names instantly make everyone think of beach-front mansions owned and made famous by celebrities. And, if you’re anything like us, you’ve…
Survey: 56% of NYC Real Estate Pros Say Value in Trump-Branded Buildings Will Not Increase
Will the value of units in Trump-branded buildings rise post-election? The results of a PropertyShark survey indicate that 56% of NYC real estate pros say “No”. President-elect Donald Trump started off as a real estate developer and became even more famous for licensing his name to residential buildings, hotels, casinos and golf courses. Unsurprisingly, the Trump brand…
Homebuyers: Check What Loan You Qualify for before Shopping for a Home
Matthew Garland is Director of New Development at Quontic Bank and he shared with us valuable advice for homebuyers seeking financing. According to Matthew, it is highly important to know what loan you qualify for before you actually go shopping for a home. He reminds us that the currently low interest rates mean more home…
PropertyShark at the NYC Real Estate Expo and HGAR’s Members Day
Here’s where you can meet and talk with the PropertyShark team in the upcoming weeks! We look forward to seeing you at these events so don’t forget to register and stop by our booth, you have all the info you need below: 8th Annual NYC Real Estate Expo The Expo brings together real estate pros for…
Historic Home in Manhattan’s Hamilton Heights District Heads for the Auction Block
Historic home in the Hamilton Heights District of Manhattan is scheduled for auction with a lien amount of $249,338. Auction date: October 5th, 2016. Foreclosures in Manhattan are not a common sight – only 25 homes were scheduled for the first time in Q2 2016, according to our recent report on New York City’s foreclosure market. As…
PropertyShark’s NYC Client Appreciation Party Is Finally Here
You’re all invited to an event that has become a tradition among NYC’s real estate pros: PropertyShark’s Client Appreciation Party and Networking Event is right around the corner! 2016 brought so many achievements to PropertyShark including a website that works twice as fast, exploding traffic, the launch of the new redesigned homes for sale section to…
Find and Research Foreclosures in Long Island
For investors, brokers, and other real estate professionals looking to find and research distressed properties in Long Island, PropertyShark provides daily updated foreclosure listings in both Nassau and Suffolk, plus all the data you need to assess them. Here are just some of the reasons to choose PropertyShark as your provider of foreclosure listings: You…
PropertyShark Seller Leads: Turn Them into New Listings and Clients
Introducing Seller Leads PropertyShark traffic has exploded over the past couple of years and in 2016 we exceeded 2.6 million visits per month. A good share of these visitors are home buyers and sellers, who turn to PropertyShark for research. We found that one of their main needs is getting a property value estimation. While we…
Newly Released Commercial Market Reports: Gain Insight on All Asset Classes in NYC
Building on the success of our newest product – market reports that you can brand with your info – we’re happy to announce the addition of commercial market reports, which means you now have access to comprehensive reports on all 5 major asset classes in New York City. We initially started with the residential and…
Tips on Finding Rental Properties for Investment with Alexander Aguilar from Cash Flow Diaries
We’re happy to present to you Alexander Aguilar, a real estate investor who also blogs on Cash Flow Diaries about his journey to reaching financial freedom by investing in turnkey rentals (properties that don’t need any fixing and come with a screened tenant, plus property management). He started blogging as a way to track his own…
Expert Interview with Richard Barenblatt:
It’s Not Uncommon to Come Across Multi-Million Dollar Mortgage Applications
For the latest in our series of Expert Interviews with top real estate professionals, we had the opportunity of talking with Richard Barenblatt (NMLS# 52951), NYC mortgage specialist. Richard shares his take on what happened to the mortgage industry since the financial crisis and whether it is common to see wealthy buyers of multi-million homes…
PropertyShark Website is Now Lightning-Fast: Comps and Foreclosures 4X Faster
Users, we heard you: no more waiting time on our website, ever! PropertyShark now works twice as fast and search results load in a flash. Furthermore, two of the most popular products, Comparables and Foreclosures, load as much as 4 times faster! Back in April, we announced massive performance improvements across all PropertyShark products as…
Here’s How Much the Trump Brand Adds to the Value of a Condo
Condos in Trump-Branded Buildings Appreciate by a Rate of 8.2% Each Year; The Average for All Other Manhattan Condos is 7.5% With much debate going on about the value of the Trump brand, we decided to investigate how condos in Trump-branded buildings (whether owned, developed or just branded) perform compared to all other Manhattan condos….
Expert Interview with Corcoran’s Michelle Griffith: Pricing is Key in NYC’s Real Estate Market
Here’s a new entry in our Expert Interview Series! We’re extremely proud to feature Michelle Griffith, who’s recently joined Corcoran at their flagship East Side office on Madison Avenue. Being recognized for her achievements and expertise in the luxury real estate market, Michelle loves to work directly with her clients. In this interview, Michelle offers…
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