New York City Real Estate - Elegran Forbes Global Properties SVDerodar

11/15/2024

This week's Property Talk: Multi-Family

“If presented with the opportunity, multi-family real estate would likely be a top contender for many investors, given its strong potential for consistent cash flow and long-term value. It’s an investment that’s hard to overlook, and at the very least, one that most would be open to seriously considering.”

| Photo from architechturaldesigns.com via Steve Van Derodar “If presented with the opportunity, multi-family real estate would likely be a top contender for many investors, given its strong …

10/17/2024

The sun rises in the East

PDM/Property Talk, October 17, 2024

To the untrained eye, orientation might seem like a small detail, but for the savvy buyer, it is the beginning of a journey—much like how the sun’s ascent starts the day. The compass guides us through more than mere directions; it guides us toward informed, strategic real estate investments. Investing in properties with optimal exposure ensures a comfortable living environment and a stronger return on investment, as homes with the right light, heat, and energy efficiency often command higher prices in the market.

[https://www.philippinedailymirror.com/the-sun-rises-in-the-east/]

10/09/2024

PDM Property Talk: Beyond function

Lifestyle Steve Van Derodar
October 17, 2021

Often, we understand how space and function are fundamentally sufficient yet in a housing structure. To fulfill its good financial purpose is to possess marketing advantages, be it in character or acquired values. The building structure alone is a predictor of value, and so is its location.

[https://www.philippinedailymirror.com/beyond-function/]

10/02/2024

In many parts of the world, some properties are situated in unique locations by topography. More often, an enhancement is done to improve accessibility and provide value impacting the area. Perhaps, you could be thinking of one that comes to mind immediately – a famous landmark in Rome called The Spanish Steps.

Property Talk: The Spanish Steps I April 6, 2023

LifestyleNewsSteve Van DerodarThe Spanish Stepswritten by Steve Van Derodar April 6, 2023

07/25/2024

This week's PDM Property Talk: Mortgage Rates

Whoa! Mortgage rates impact the volume of house-buying activity, whether we like it or not. The current mortgage rates significantly impact U.S. homebuyers in various ways. These effects can be positive or negative depending on the direction of the rate changes, the broader economic context, and individual financial circumstances.

Read in full: [https://www.philippinedailymirror.com/mortgage-rates/]

07/02/2024

This week on PDM's Property Talk: Rent Stabilization

Rent stabilization in New York City is a complex system designed to balance the needs of tenants and landlords while maintaining affordable housing. It involves a web of regulations and protections that have evolved over time to address the city’s unique housing challenges. Understanding these rules is essential for both tenants and landlords to navigate the rental market effectively. In addition, Rent stabilization in New York City is more than just a policy; it’s a lifeline for many families. It offers affordability, security, and a sense of community, allowing residents to build better lives for themselves and their families. It is important to understand the importance of preserving and strengthening rent stabilization laws to ensure that more people can benefit from its stability and security.

[https://www.philippinedailymirror.com/rent-stabilization/]

06/11/2024

They say there is more than meets the eye. In real estate, you know what it is like to live in not just inviting properties; it makes you feel that all you have worked hard through life are about getting the best you want.

A grandness of something is never wrong, in fact, it is an attribute that determines choices. Whether it’s a property in the mountains, on the beaches, or even the metropolitan developments, one thing in common, they represent a distinctive lifestyle only few may realize. Still, it remains an option for those willing and can afford it.

[https://www.philippinedailymirror.com/grand-impressions/]

Property Talk: Grand Impressions 1/11/22

05/20/2024

Inquire on Mortgage Options.

affordable financing options that can help make it easier for your clients to buy a home, including:

Flexible credit guidelines

No mortgage insurance requirements

Down payments as low as 3% on single-family homes (including condos, co-ops and PUDs) up to $766,550

As low as 5%2 down on loans for single-family homes (including condos, co-ops and PUDs) up to $1,149,825 in certain high-cost markets.

Two-unit properties are allowed and require as little as 5% of the down payment from the borrower’s own funds. The remainder may come from other eligible sources such as gifts, grants or approved down payment assistance programs.

Select markets only and income limitations apply
Your clients may also be eligible to receive up to $7,500 in closing costs with Lender Paid Assistance.3 Select markets only and income limitations apply.

Email at [email protected] for a consultation schedule with partner mortgage lenders.

05/09/2024

This week's PDM Property Talk: Minimalism

These days, it is not uncommon to see properties characterized by a sleek finish, clean lines, and minimal architectural features. Both the geometric precision and a sense of balance captivate the eye. It highlights the fundamental components to achieve harmony, calmness, and style. It makes a profound impression by prioritizing quality over quantity, simplicity over excess, and purposeful design over ornamentation. Thanks to “Minimalism.”
Read in full:

[https://www.philippinedailymirror.com/minimalism/]

05/08/2024

Throwback: 200 Amsterdam inside a 23M listing!

05/03/2024

This week's PDM Property Talk: You, You…a Buyer of a First Home?
As we all know, purchasing a home for the first time is perhaps one of an adult’s most exciting experiences since it signifies a lifetime commitment. It resembles a marriage.

Read more: [https://www.philippinedailymirror.com/you-youa-buyer-of.../]

real estate services

04/17/2024

Realtor.com Says Now is the Best Time to Sell

The best time to sell is here, and most prospective sellers have been sitting on the sidelines for a while. According to a new survey from Realtor.com and Censuswide, homeowners planning to sell in 2024 have been thinking about selling their homes for an average of two years, with 85% considering a sale for between one to three years.

At the same time, most recent sellers (79%), feel that if they'd listed sooner, they would have been able to take advantage of a hotter housing market. Realtor.com's housing forecast for 2024 estimates average mortgage rates of 6.8%, with rates edging down to reach 6.5% by the end of the year. While rates and the market will stabilize this year, homeowners who are planning to sell are aware of ongoing affordability headwinds.

“Plenty of homeowners have been eagerly waiting for mortgage rates to come down so that they can sell their current home and more affordably upgrade to a new one,” said Realtor.com Chief Economist Danielle Hale. “With mortgage rates expected to ease slowly throughout the year, some potential sellers are planning to get off the sidelines in 2024 and make a move, with the majority expecting to buy a new home at the same time that they sell their current one.”

https://mediaroom.realtor.com/2024-04-15-The-Best-Time-to-Sell-is-Here,-According-to-Realtor-com-R

Homeowners have more realistic market expectations this year with only 15% expecting to get more than their asking price, down from 31% in 2023. Nearly 8 in 10 recent sellers think listing sooner...