As mortgage rates continue trending downward, CNN has published a handy guide to prospective buyers and sellers, laying out in detail what these incremental changes could mean for you. You can read the full article here.
From Yahoo Finance: US 30-year mortgage rate falls to two-year low of 6.15%
Last week saw a rise in mortgage applications, thanks to a continuing downward trend in interest rates for 30-year mortgages. As of this week, the interest rate is the lowest that it has been in two years, with further rate cuts expected in the coming days. For more info, you can read the original article […]
From Brick Underground: 3 tips for buying a NYC co-op or condo when you own a pit bull or other large dog breed
One of our attorneys, Jeffrey Baron, was recently quoted in Brick Underground’s article “3 tips for buying a NYC co-op or condo when you own a pit bull or other large dog breed.” If you are the owner of a pit bull or other pet, some buildings in NYC may have restrictions based on size, […]
NYC Real Estate Attorney’s Closing Report: April 2024
Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 100 West 94th Street, NY, NY $999,000.00 Coop Sale 344 Clinton Avenue, BK, NY $475,000.00 Coop Purchase 53 Boerum Place, BK, NY $920,000.00 Condo […]
NYC Real Estate Attorney’s Closing Report: March 2024
Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 35 West 82nd Street, NY, NY $862,500.00 Coop Sale 340 West 11th Street, NY, NY $630,000.00 Coop Purchase 245 East 93rd Street, NY, NY […]
Happy International Be Kind to Lawyers Day!
Since its inception in 2008, the second Tuesday in April has been set aside as a day to appreciate the lawyers in our lives, and the hard work they do in order to ensure fair treatment for their clients. The legal field can be incredibly rewarding for its practitioners, but can also be challenging in […]
From CNN: New Year Sees Surge in Mortgage Applications
As reported by CNN, the continued decrease in mortgage rates led to a significant rise in mortgage and refinance applications during the first week of January, hinting at a rosier outlook for homebuyers this year. Rates are expected to continue decreasing for the time being, though likely not below 6% according to analysts. For more […]
From CNN: Good News Ahead as Rate Drops Continue
As reported by CNN, mortgage rates have continued to drop through December, falling below 7% for the first time since the summer. Further drops are expected in early 2024. To read more, please find the article here:
New York Law Takes Aim at Deed Theft
The New York legislature recently passed a bill (S6577/ A6656) which makes deed theft in the state a civil crime. The passing of this bill will provide significantly more protection to those targeted by deed thieves and equip prosecutors with the necessary tools to stop or slow a deed theft before it has been actualized. […]
From the NY Times: Office to Residential Conversions in the Financial District
According to the New York Times, the financial district boasts the highest office vacancy rate in Manhattan. Approximately 27 percent of office spaces are available for lease, a significant increase from the pre-pandemic rate of 11 percent. Because of this, real estate consulting firms such as Vanbarton Group are converting some spaces into residential real […]