10+ Charming Communities that Could be Yours for the Price of NYC’s Most Expensive Condo
Year after year, New York City makes real estate headlines, as homes in the Big Apple keep changing hands for exorbitant prices. From luxury condos to extravagant townhouses, the city has it—and sells it—all. Last year, a handful of residences fetched more than one would bargain for, and one particular penthouse managed to steal the…
Seattle’s Top 5 Fastest-Rising Neighborhoods in 2017
By all accounts, Seattle had a strong 2017, and according to The Seattle Times, the city’s population growth is now twice the national average. Moreover, the city enjoys a diverse economy, as well as a young, educated workforce, and abundant capital. Consequently, it doesn’t surprise us to see that the newspaper predicts that the city will…
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…
TriBeCa and SoHo Remain Most Expensive Neighborhoods in New York City
Key Takeaways: TriBeCa reigns as the #1 most expensive neighborhood in NYC with $4.68M median sale price Boerum Hill pushes into top 10 with 54% price growth Brooklyn’s Fort Greene registers highest median price growth at 95% DUMBO remains Brooklyn’s priciest neighborhood at #6 in our top 50 The Upper East Side was the most…
Newark’s Top 5 Fastest-Rising Neighborhoods
At the end of Q3 2017, the real estate market in Newark seemed to be on an upward path. Our most recent study showed that at the end of September 2017, the median sale price in the city reached $151,000, an increase of $30,000 compared to the same period in 2012. To better understand how…
Boston’s Top 5 Fastest-Rising Neighborhoods in 2017
The Boston housing market has been on a fast track in the past year and, according to Forbes, it’ll continue to thrive as the city further develops into an international hub. In a quest to better understand how the market has evolved over the past few years, we started digging deeper to see to what extent…
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…
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,…
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…
The Housing Gender Gap: Where Can Single Men and Women Afford a Home?
The housing market across America has been accelerating over the past few years, and most cities have managed to pick themselves up and thrive after the recession of the last decade. The other side of the coin, however, shows a harshly competitive urban landscape where new-comers and long-time residents race neck and neck for a…
DUMBO Just Out-Priced Most of Manhattan in Q3 2016
Despite rising prices in waterfront Brooklyn, it’s still highly unusual for any outer-borough neighborhood to out-price the notoriously unaffordable Manhattan. Nevertheless, the spectacular evolution of DUMBO commands attention. This small market ranked at number 4 on our Top 50 priciest neighborhoods in NYC list, to reach a jaw-dropping $2.4M median sale price last quarter. Catch more…
TriBeCa Jumps the $4M Mark, Still Reigns Over Priciest NYC Neighborhoods
When it comes to expensive lifestyles and pricey real estate, New York City holds strong to its reputation as the world’s hottest market. Whether it’s a lavish penthouse in sizzling Lower Manhattan or a posh loft overlooking Central Park, the city’s spectacular properties entice deep-pocketed buyers across all neighborhoods. And as we’re less than two weeks…
Top 50 Most Expensive NYC Neighborhoods in Q1 2016
The rampant price soar for the most desirable homes in NYC showed no signs of slowing down in the Lower Manhattan neighborhoods are among the first ten most expensive on our list, while the Garment District leads in record price booms – almost tripling the value of its median sale since last year’s Q1 to $3,496,538 (albeit, with only 6 sales on record). As for…
New York City Lis Pendens Reach 2-Year Low In October 2011
Given the fact that the number of scheduled foreclosure auctions has decreased significantly due to the ongoing bank moratorium, we thought it might be a good idea to take a look at the lis pendens trend. Apparently the number of pre-foreclosure filings is also trending downwards, reaching a 2-year low in October 2011. There were 715…
New York City residential lis pendens in 2010
We’ve created a new interactive map showing where in NYC were residential pre foreclosures happening in 2010.
Los Angeles Foreclosures Down 49%, Miami Foreclosures up by 58% and NYC by 64%
In the January 2009 Foreclosure Report by PropertyShark.com, Los Angeles foreclosures were down 49% from December 2008, Miami foreclosures increased by 58%, New York City by 64%, and new scheduled foreclosures in Seattle spiked 300%.
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