Real Estate News from April 2020

  • Spring into Action By Kristina Kennedy-Aguero | April 29, 2020

    Make the most of your home-isolation by tackling those projects around the house that you usually don't have time to get around to. Organizing, cleaning, and sorting through clutter will make you feel better and more at ease in your home.

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  • Looking To Sell Your Home During COVID-19? Follow These 6 Tips For Success By Jared Antin | April 28, 2020

    The impact of the coronavirus (COVID-19) pandemic has undoubtedly caused a snag or at least given you pause in the process of selling your home. Due to mandates on social distancing and limitations on group gatherings, you or your real estate agent may no longer be able to arrange physical home tours.

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  • Extreme Times Call For Extreme Actions By Kristina Kennedy-Aguero | April 23, 2020

    Senate Bill S8125A, presented March 23rd and sponsored by Michael Gianaris of the 12th Senate District, is currently before the NY Senate Committee, Judiciary Committee. It is "an Act to suspend rent payments for certain residential tenants and small business commercial tenants and to suspend certain mortgage payments for ninety days in response to the outbreak of coronavirus."

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  • Navigating Today’s Evolving Real Estate Market: Part 1 By Jared Antin | April 23, 2020

    Yesterday, Elegran hosted the first in a series of webinars created to help clients understand how to navigate the real estate market during a historically uncertain time.

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  • Getting Out, While Staying In By Kristina Kennedy-Aguero | April 13, 2020

    Typically, New York attracts millions of visitors each year who come to experience the many cultural options that our city offers. However, although we have all this spectacular art and culture right on our doorsteps, many New Yorkers are often just too busy to enjoy it.

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  • Virtual Tours & Real Estate as Necessary Business By Sean Keeley | April 13, 2020

    The COVID-19 pandemic has halted many aspects of our modern, metropolitan lives. It would stand to reason that looking for a new condo or apartment in New York City is among them.

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  • Elegran Market Update: April 2020 By Jared Antin | April 13, 2020

    The effects of COVID-19 on the New York City housing market have been profoundly felt in both supply and demand. Elegran data for the month of March reveals that, with a state of emergency declared by Governor Andrew Cuomo on March 7, the number of new listings of homes, both in the rental and sales markets, fell steeply in response.

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  • Recessions, Recoveries, and COVID-19 By Jules Garcia & Andrew Warren | April 09, 2020

    Most experts agree that we are now in a recession. Whether or not that is the case, it’s important to remember one very important thing: A recession does not mean a housing crisis or “crash” like we saw in 2008; a recession doesn’t necessarily even mean that home prices will depreciate.

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  • 3 Reasons to Invest in Real Estate During a Recession By Dylon Harbottle | April 09, 2020

    While the Coronavirus is producing economic stress and a slowdown in many business sectors, it could be a good time to invest in real estate. Property investments can provide a stable income during uncertain times, can be less sensitive to unpredictable rapid changes, and can outperform the returns on stocks and bonds.

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  • COVID-19 NYC Housing Market Impact By Kristina Kennedy-Aguero | April 08, 2020

    The effects of COVID-19 on the New York housing market have been dramatic. Data reveals that while the number of new listings of homes, both in the rental and sales markets, has fallen steeply, prices remain largely stable.

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