By Robert Varvara, The Steven Cohen Team at Corcoran Manhattan’s challenging real estate market welcomed reassuring news in Second Quarter 2019. Market-wide sales increased year-over-year for the first time in two years, up 5% annually to over 3,300 sales totaling $7 billion, about $1 billion more sold than last year. However, this information can be misleading as this increase in closed sales is due to two main reasons: New Development Closings– Q2 sales mainly increased due to an 82% spike in new…
Tag: Home buying
Helpful Tips for Purchasing the Perfect Vacation Home for Retirement
Making the leap and purchasing a vacation home is an exciting experience. It means you can visit your favorite travel destination without paying for impersonal hotels or booking accommodation months in advance. But before you settle on your dream home, make sure that it meets the needs of your family and fits your budget. Avoid Common Mistakes People who purchase a vacation home on a whim are likely to make a few mistakes. According to MarketWatch, people often put too…