All the pent-up Demand showed up, and it might have just kicked down the door. That’s the sensation we’re getting anyway. There’s a new energy in Manhattan and it’s palpable, at least inside the actively listed condo and coop units that weren’t used to having visitors...
Question #1: From a qualitative standpoint, what is something that home buyers don’t think about enough during their search for a home? Adler response: The age and quality of the finishes and appliances. They don’t think about that enough. Which is why it’s good to...
Six Twenty-Five, Five Hundred. Oh man! That’s a number I used to have to remember. I saw that number on a screen the other day, and it felt like I found an old memory I lost somewhere in the back corner of my brain like a tchotchke in a bin in the attack. 625,500....
We’ve always thought technology was sexy as hell. Even the packaging is hot. And we love that new phone smell! Sure, technology has its flaws… For instance, human beings, in general, would probably be in better harmony with one another if social media was erased from...
Since the start of the pandemic, mortgage lenders in New York City have tightened their guidelines making it more difficult to qualify for mortgage financing on a property located in any of the 5 boroughs. The Apple Peeled reported on this extensively in the closing...
In just my first year in the mortgage business, just a little after the turn of the century, me and the people I worked with killed over 133 trees. Usually, people are all “Loosey-Goosey” when they throw around numbers like that, fudging stats to prove whatever point...
Hypothesis: A buyer’s access to mortgage financing in a specific building, (condo or co-op), has a direct impact on the value of every single unit in that building. We’re confident in that assessment, even though we can’t necessarily quantify the impact....
There isn’t anything fun about applying for a mortgage – except for the part where you close and it’s over. The process is inefficient. The whole thing takes too damn long. And the amount of documentation they ask for could keep a small house warm in the middle of...
Ya know what we miss? Connecting face-to-face with other people. A good conversation. A smile, unmasked. That’s good for the soul. It’s good for the mind too. Significantly less impressive, but still noteworthy on some level, it also happens to be good for...
Things We Heard When We Put Our Ears to the Ground: Mortgage Guidelines are tightening up Chase this week planned to reduce the maximum Loan to Value (LTV) down to 70% on all its jumbo mortgage products for properties in New York City. That means, if you plan to...
