Category Archives: residential real estate

The 2019 New York State Budget Includes Real Property Transfer Tax And Mansion Tax Increases!

new york city mansion photo

2019 New York State Real Property Transfer Tax And Mansion Tax Increases or, Just When You Thought Your Tax Burden Couldn’t Get Any Worse! As New York State’s Governor Cuomo embarked on a search for new sources of tax revenues, ultimately residential real estate and real estate transactions were in his crosshairs! An initial tax […]

Guest Author – ‘Challenging Your NYC Property Value Assessment May Be Easier Than Ever’ by Darya Shneyder

New York City photo

New York City property value assessments, like those on Long Island, can often be based on data that is often considered by the owner to be somewhat inaccurate and/or open for debate. Maybe you should think about appealing! (Challenging Your NYC Property Value Assessment May Be Easier Than Ever originally appeared in the Commercial Observer, […]

Why Is The Residential Real Estate Market Under-performing Its Potential?

single family home photo

Is it a good time to buy a home? A good time to sell? Time to sit on your hands and do nothing? Looking at simple statistics such as new home sales, existing homes sales, and housing starts may not tell the entire story or provide any real insight! So is there a metric that […]

Tables Have Turned On Home Sellers Who Now Face A Supply Surge And Price Cut Volume Greater Than 2009!

buyers market photo

The residential real estate mantra for the past couple of years has been that rising home prices have, in large part, been based on a better economy but more importantly from a lack of supply of homes for sale! And invoking the law of supply and demand, as any first-year economics major will explain, says […]

How Much Do You Need To Earn To Buy A House In New York?

home sweet home photo

Or to buy a home in some of the other metro areas around the United States? Real estate brokers will tell you that one of the reasons for the increase in the price of residential real estate is the lack of inventory available for purchase. The price run-up has also been attributed to demand based […]

Consolidation In The Title Insurance Industry And Affiliated Business Arrangements: Good Or Bad For The Real Estate Or Mortgage Consumer?

When should the purchaser of commercial and residential real estate or the refinancer of a mortgage in New York State get a second opinion on the title bill provided by the title insurance company being utilized? Or ask other questions about the title insurance policy to be provided at closing? Answer: Each and every time! […]

The Best Date (And Day Of The Week) To Put Your Home On The Market!

date you should list your home

On March 20th Spring will have officially sprung but, that said, what date or date range will get your house sold the fastest and for the highest price? It’s a common adage that parents want to get into a home before the next school year begins, so that Spring is king when it comes to […]

Mold In The Home? All Is Not Lost!

If a prospective homebuyer or the current homeowner has an inspection done and hears the phrase MOLD PROBLEM uttered, the level of concern and anxiety rises very quickly! For the homeowner and/or home seller they know that a mold issue in the house is not only a potential health concern, but that it will turn-off buyers and […]

2017 Residential Real Estate Market Predictions!

residential real estate market forecast for 2017

As 2016 quickly winds down, the question now on the minds of homebuyers and home sellers is what 2017 will portend for the residential real estate market in the United States… Early on a Monday morning these are some points pondered by Hallmark Abstract Service with the thoughts from real estate industry giants Zillow and Realtor.com offered […]

The Booming Business Of Residential Safe Rooms

terrorism, kidnapping and civil unrest

In a world that’s fraught with turmoil, terrorism and social angst, the art of protecting people in their homes has become big business! Big business that is, but one that’s not necessarily appropriate or available to all people. Home protection in the form of a safe room is a residential real estate luxury add-on that […]