residential real estate investor tips Archives - FinYork: Real Estate Investing

New York City’s Housing Market Finishes Strong in 2021; Slowdown Expected in 2022?

New York City’s residential real estate market closed 2021 with many arguing it had the strongest performance in three decades. By mid-October, Manhattan contract signings already surpassed the previous record, which was 12,520 in 2013 (UrbanDigs). With a little under two weeks left in 2021, closings reached 14,774 (Cavanaugh, TheRealDeal). Already, that’s more than double …

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NYC’s Real Estate Market Outlook as the CDC’s Moratorium on Eviction Expires

FY Minute / By Oliver Loutsenko

When the CDC (Center for Disease Control and Prevention) last extended the eviction moratorium a third time, due to the COVID-19 pandemic, from the end of June 2021 to the end of July 2021, they were clear that would be the final extension. Republicans opposing another extension of the eviction moratorium cited the recent 5-4 …

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How the Green New Deal Would Impact Real Estate Investors

Ideas / By Oliver Loutsenko

climate change, global warming, environment-2254711.jpg

Depending on your views on climate change, the Green New Deal framework will either conjure up enthusiasm, anxiety, or perhaps a combination of the two. The proposed bill, which has since been explained as a framework towards what we ought to work towards, calls for “maximum energy efficiency”. Based on scientific research, which concludes climate …

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NYC Real Estate Market Mid-2021: Are You Better Off Buying or Renting?

FY Minute / By Oliver Loutsenko

Since New York City’s (NYC) real estate market is still experiencing a fresh post-COVID effect, you are better off buying if you have the money (and credit score). However, as is often the case, it greatly depends on your financial situation. Living in arguably the most desirable and expensive part of the world presents a …

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