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January 2017 Archives

Elements of success in mixed use developments

Like the residential real estate market in New York City, the commercial real estate industry has shown signs of optimism going into 2017. It may be seen both in the purchase of old facilities to make new ones, and in the reconditioning of such buildings to make room for office, retail and residential spaces.

Raise your credit rating before hitting the real estate market

First-time homebuyers have a lot to contend with. Buying property is one of the biggest investments most people make in their lifetimes, and it comes with a broad range of responsibilities and obligations that can be difficult to learn, especially since most people have to learn about them as they go. This is why it's important to have the right resources, like a qualified realtor, legal advice about the market and responsibilities you are about to take on, and the kind of mortgage application that will get you the best rates.

Will the luxury apartment market rebound in 2017?

As we noted in our prior post, there are a number of factors that will define the 2017 real estate market in New York City. It remains to be seen how the market will play out given the recent interest rate hike, but one thing is certain; the luxury real estate market has slowed down considerably.

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