Perception vs. reality. It’s a comparison between two different things that might be the same. Every one of us firmly believes that our own perception is synonymous with reality, otherwise it wouldn’t be our perception anymore. And with so many virtual platforms...
James Stanley Designs is a 1-stop shop in New York City for Interior Design, Construction, Architectural, and Project Management Services. Back in March, prior to the quarantine, we interviewed James Stanley, specifically seeking answers about how the pricing and...
Let’s set the scene: You call a loan officer about a refinance; you got their name from a friend. The loan officer quotes a rate. It’s 2.75% for a 30-year fixed. You almost can’t believe your ears. Your inner Jack Nicholson speaks to you. “You want that...
Socialized Mortgage Finance is a phrase that is becoming more prolific in the secret underbelly of the mortgage industry where a thousand private conversations dictate the direction of the masses. In the wake ofCovid-19, as we slowly come out of isolation and into a...
The human mind has three modes. INPUT, OUTPUT, and SLEEP. Those are the options. Who the hell knows what’s going on in your mind when you’re asleep, so for now, we won’t tackle that topic. Let’s just assume that you’re in SLEEP mode for 30 percent of your life. The...
In the last two editions of The Apple Peeled, we said the conditions for investing in newly developed New York City real estate are P-E-R-F-E-C-T. Prices are down. Rates are down. Developers are offering massive concessions. We said all of the stars were aligned....
Two days before I started my mortgage career, as a “get to know ya” exercise, my new boss invited me to play golf with him and two other loan officers. I was really excited to start a new career, mostly because my earning potential seemed unlimited, especially...
We love New York City so much that it’s hard to wrap our brains around the idea of so many people leaving it behind. At first we didn’t want to believe it. But the numbers do tell a story. A recent study by Realtor.com concluded that home searches in suburban...
Covid-19 has directly impacted the New York City real estate market. Part of it is economic – unemployment numbers look bleak, and many who’ve managed to keep their jobs will earn less because their industry has been impacted by the pandemic. Part of it is...
First a once-in-a-generation global pandemic brought the city to its knees. Then proud and mighty protests took hold of the city, blemished to an extent by looting and violence from protestors and the police. The mayor even ordered a curfew in the city that never...
