Gea's Blog - Archives January, 2008

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Foreign Buyers Can't Get Enough of New York City - 01/29/08 07:52 AM

I would imagine that at some point soon, the Treasury Department and the Federal Reserve will start receiving thank-you notes from New York City realtors: The falling dollar has made New York apartments an incredible value for those that earn their salaries in currencies other than the US dollar. Even the … (2 comments)

Renting and Buying Real Estate in Miami - 01/22/08 08:28 AM

Miami has been steadily growing for the past decade. Since 2000, the population has grown 11.5%, from 362,470 residents to 404,048. Much of this growth is from older Americans. Indeed, its reputation as a Mecca for retirees is well earned: At almost thirty-eight years, the average age of residents of the … (0 comments)

New York City Vacancy Rate Increases; Luxury Market Still Tough to Navigate - 01/16/08 07:39 AM

Renting an apartment in New York City is definitely not easy, or cheap. In fact, up until recently, New York apartments were considered the most difficult to rent by Marcus & Millichap's National Apartment Index, which evaluates the 43 most populous rental markets. Surprisingly, though, a mild uptick in vacancy rates … (0 comments)

New York City Maintains its Ignoble Crown - 01/12/08 12:01 PM

For a good number of years now, renters of NYC apartments have had the extreme displeasure of paying the highest rents in the country. A new report suggests that the city is entering 2008 with a continuing hold on the unfortunate and smudged crown which signifies its role as the most … (0 comments)

Renting and Buying a Home in Dallas - 01/06/08 08:11 PM

The Dallas real estate market was hit hard by over-speculation and the savings and loan scandals of the 1980s real estate boom. After almost two decades, the low property values and relatively little building combined with the strong Dallas economy to attract significant investment in the area, both by the … (0 comments)

Buying and Renting a Home in Austin - 01/02/08 05:49 PM

Austin is often called the cultural capital of the South. The city claims to have more live music acts on a weekly basis than any city in the World. While this is doubtful given its size – 1.5 million people in the greater metropolitan area – it is certainly home … (0 comments)

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