February 4, 2020 Just when we think we have enough factors to consider when analyzing the direction of the markets, we add just one more. At the end of January, we had the meeting of the Fed Reserve, a release of the measure of growth for the fourth quarter, and an Impeachment trial. Then we […]
November 19, 2019 We are a week away from Thanksgiving, which means that we are in the home stretch of the year. There are two things we can already say about 2019. First, it was a very interesting year. And second, the year seemed to fly by very quickly. Of course, as little time as […]
November 12, 2019 Many economists are predicting somewhat of a mild recession in 2020. However, their predictions are not unanimous and those who believe the economy will continue to grow are pointing to the real estate sector having the potential to keep us out of a recession. Certainly, we can see the economy has slowed […]
October 8, 2019 With so many headlines using the terms impeachment and trade wars, we can often overlook the mundane release of economic data indicating to us how consumers seem to be weathering these political and international skirmishes. Thus far the economy seems to be holding up well with so many distractions going on. Yet […]
September 24, 2019 The past week was the best example of an axiom we have always followed — you can’t predict the future. It looked like the Federal Reserve Board was locked into a rate cut before they met. As we said, the die was cast. Then we had several things come up. The trade […]
The Federal Reserve Board is meeting this week with an announcement to be made on Wednesday. Many times, there is a lot of drama and speculation surrounding these meetings. We believe the die will likely have been cast before the meeting happened. The markets truly believe that the Fed must lower short-term interest rates. After […]
May 21, 2019 So, we had declared that everything was in place for a fantastic economic ride. Low interest rates, a moderately expanding economy and rising stock prices. Then the ugly word was uttered — tariffs. It took one word to put a bump in the road of our goldilocks economy. As soon as the […]
May 14, 2019 The initial reading of the first quarter’s economic growth was somewhat of a shocker. A growth rate of over 3.0% was certainly higher than market analysts expected. As a matter of fact, many were expecting interest rates to head higher after the number was released. Though rates have risen somewhat from their […]
Much has been made of the fact that interest rates are lower this year than those “high paid” market analysts predicted. These lower rates have contributed to a rebound in the stock market during the first third of the year. Lower rates have also contributed to a rebound in the housing markets. We have witnessed […]
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 3rd quarter of 2018: 1. 82-11 37th Ave, Jackson Heights, NY 11372 Purchase Price: $55.9 Million ( Approximately) Sale of nine-story, 128,000-square-foot building in Jackson Heights. 2. 137-31 45th Ave, Flushing, NY 11355 […]