June 20, 2017 The Federal Reserve Board’s Open Market Committee met last week to consider raising short-term interest rates. As we approached the meeting, the consensus was that the Fed would move their Discount and Federal Funds Rate higher by one-quarter of one percent. The weaker than expected jobs report put a bit of doubt […]
Read MoreJune 13, 2017 We have previously brought up the real estate listing shortages which seems to be constraining the real estate market while price growth continues. This shortage of real estate listings presents a major opportunity for builders. Of course, builders are facing several shortages as well and these are constraining their ability to keep […]
Read MoreJune 6, 2017 For many years during and after the recession, the monthly jobs report was important to gauge the strength of the recovery. However, during the past two years, the release of the report has taken on a new meaning. Now we are not only measuring the strength of the economy, but also tying […]
Read MoreThe Queens Real Estate Market has been booming. Below is a list of the top 10 biggest real estate sales deals in Queens, New York during the first quarter of 2017: 1. 95-25 Queens Blvd, Rego Park, NY 11374 a. Purchase Price: $139.9 million b. Sale of a 11-story office building in Rego Park 2. […]
Read MoreMay 2, 2017 This week we will get evidence of which jobs report was an accurate depiction of the current employment picture. The January and February jobs report showed major increases of over 200,000 jobs. The March jobs report showed a relatively modest increase of just under 100,000 jobs. The average for the past 12 […]
Read MoreApril 25, 2017 Congress is back in session. Not that we are 100% sure that anyone missed them, but certainly there is some unfinished business on the table. For the past few weeks, international news has dominated the markets. Syria, Afghanistan, North Korea and Russia have led this domination, and certainly these world conflicts have […]
Read MoreApril 18, 2017 Actually, we have had a few stark reminders recently. The most recent was the escalation of our engagement in Syria and another, a show of force near the Korean peninsula. Since the election, much of America’s attention has been focused upon domestic issues such as the health care bill, a nomination to […]
Read MoreApril 11, 2017 Every month the jobs numbers are of major interest to analysts who are looking for direction with regard to the economy. In essence, there is no up-to-date economic statistic which is more important, as job growth is the spark which can spur on economic growth, as well as inflationary concerns. In addition, […]
Read MoreApril 5, 2017 We have used some rather broad terms regarding describing the mood of the markets over the past few months. Words such as “confidence” and “uncertainty.” Today we would like to use another word — “anticipation.” One reason for the markets’ confidence in the past several months has been the anticipation of changes […]
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