January 19, 2021 Apologies to Steve Martin. We were hoping that 2021 would not be as wild and crazy as 2020. Yet the first few days of January was anything but calm. We started with spikes of COVID-19 as holiday gatherings and the cold weather provided ideal conditions for spreading the virus. The first trading […]
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November 24, 2020 The prognosticators had promised Armageddon for the economy when the pandemic hit. Don’t get us wrong–it was plenty bad. But it was not as bad as many had predicted. The main reason for this resiliency? The real estate market. This is somewhat poetic justice because the Great Recession of 2008 was led […]
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November 17, 2020 The election is over, and the analysts have spent two weeks telling us what the results mean. The stock market rallied just before and after the election was called, but we don’t know if that was just the euphoria of uncertainty being removed, or the start of a longer-term rally — especially […]
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March 10, 2020 Even before we saw the jobs report, the Federal Reserve decided to step in with an “emergency” rate cut in response to the coronavirus crisis before their next scheduled meeting. Even though we have not seen many negative reports on the economy, the Fed saw what was on the horizon. The only […]
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January 14, 2020 The numbers are in for 2019. We will start with jobs, as the December report was just released last week. The month’s numbers generally were slightly disappointing, which is good news for the economy and interest rates, as it is in line with predictions of slower growth but no recession. For the […]
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Queens Real Estate News The Queens NY Real Estate Market Continues to boom Below is a list of the top 10 biggest real estate sales deals in Queens, New York during the First quarter of 2018: 1. 29-21 41st Ave, Long Island City, NY 11101 Purchase Price: $60 Million Sale of 183 room hotel located in Long […]
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