Elegran Edge
The Real Estate Blog
What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.
Articles about "Homebuyers"
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Steps to Take in the Aftermath of Home Destruction
By
Laura Schier
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September 18, 2017
In light of recent natural disasters, it's important for everyone to know the steps to take if their home is a damaged by extreme weather.
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Are Condos Catching Up to Single-Family Homes in Value?
By
David Dam
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May 04, 2017
Homes usually have a higher value than condos. Does that remain the case?
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6 Common Mistakes New Homebuyers Make
By
Helen Olivo
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February 10, 2016
We attended the 2016 StreetEasy First Time Homebuyer’s event — Here are some mistakes homebuyers typically make, and tips to prevent from making them.
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5 Reasons Why You Should Invest in an NYC Condo for 2015
By
Nalyse Seymore
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February 04, 2015
New York City real estate is always exciting, from new constructions to newly hot neighborhoods. Here’s why you should get your foot in the door for 2015.
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Markets and Mortgages: How Does NYC Rank?
By
Jonathan Tuason
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May 22, 2014
The National Association of Realtors ranked the metropolitan statistical areas and the incomes required to qualify for a mortgage with a 5% downpayment for a median market home. The San Jose-Sunnyvale-Santa Clara region of California topped the list for the highest income requirement at $186,285, adding to a total of five metropolitan areas in the state to make the list.
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What Experience Means For High-End Buyers
By
Jonathan Tuason
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May 08, 2014
According to a survey put out by Realtor.com that asked respondents regarding their thoughts on purchasing luxury properties, luxury homeowners and non-luxury homeowners agreed on the importance of great views and chef’s kitchens, at least as far as features go.
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Data Breaches: Are you putting yourself at risk?
By
Jonathan Tuason
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May 05, 2014
According to a study conducted by Illinois-based Halock Security Labs, 7/10 of mortgage companies use risky information-sharing practices. Even if the industry has collectively reformed and refined its security protocols over the past 5 years, the concern of personal information leaks is still relevant.
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Single Homeowners - Women Buying More Than Men
By
Clemence Fontaine
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July 23, 2013
Once upon a time women needed to wait for Prince Charming in order to buy a home. Hopefully for the fair sex, this time is now over. Only after the second wave of feminism and Title VIII of the Civil Right Acts of 1968, commonly referred to as the Fair Housing Act, were women were finally recognized as financially responsible and gained an easier access to credit cards and mortgages.
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Buying a Home in Manhattan May Be Better Than Renting Right Now
By
Aby Thomas
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February 15, 2013
Thanks to the recent spate of increases in apartment rents in Manhattan, the city’s landlords have been grinning all the way to the bank for quite some time now. But now, it looks like that smile is going to be wiped off their faces very soon—New York’s apartment hunters, exasperated with the high rents for apartments in the city, have realized that buying a home makes better sense than renting one in this climate. As a result, many have chosen to leave the vagaries of the rental market, and have decided to scout the options available to them in the buyer’s market instead.
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New Condos In Manhattan Come Back to Life
By
Laura Simmons
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December 13, 2012
The bets are in! Seems like Manhattan’s real estate market is shifting gears. Bankers, buyers and developers are putting money down on the belief that the condominium market is coming back to life. With many condominium developments emerging throughout the city, particularly in Manhattan and Brooklyn, the real estate market is having an increase of owners as opposed to renters. Maybe the increase of condo developments stems from the fact that many developers are competing for the “city’s tallest building” record, buildings such as One57 or 432 Park Avenue. Other residential towers outside of this competition such as 56 Leonard Street and 50 UN Plaza are also contributing to this increase in inventory.
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