October 2024

  • Color Trends & Color of the Year 2025

    Benjamin Moore has come out with its color of the year and Cinnamon Slate – a delicate mix of heathered plum and velvety brown – is the official 2025 Color of the Year! Glacier White and Leather Saddle Brown are pretty enticing too…. (COMPASS)

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  • The (Three) Four Monthlies

    There are several things a buyer (and renter) needs to consider when buying or renting a home related to monthly costs, something that often matters much more than the asking price: In most parts of the US insurance premiums are rising. They are rising much faster than the rate of inflation. MUCH! And in some

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  • Why New NYC Constructions Are Going Electric

    New construction in NYC is increasingly electric rather than gas for several reasons: Sustainability Goals: New York City has ambitious climate goals, including reducing greenhouse gas emissions. Electric systems, especially when powered by renewable energy, can significantly lower emissions than natural gas. Regulations and Building Codes: Recent local laws and codes encourage or require electrification

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  • Transform Your Space with Virtual Staging!

    Are you looking to sell your home but feeling overwhelmed by the thought of traditional staging? Virtual staging might be the perfect solution! What is Virtual Staging?Virtual staging involves using digital technology to furnish and decorate a property in photographs. It’s a cost-effective way to showcase your home’s potential without the hassle of moving furniture

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  • What is a Ground Lease in Brooklyn?

    A ground lease in Brooklyn, or anywhere else, is a long-term lease agreement in which a landowner (the lessor) leases the land to a tenant (the lessee), who is typically responsible for constructing and maintaining a building or other structure on that land. There are several important considerations to keep in mind before purchasing a

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  • Why Standard Renters Insurance Falls Short: The Need for Separate Flood Insurance

    Standard renters insurance policies do not cover flooding. To protect your belongings from flood damage, you’ll need to purchase a separate flood insurance policy. (COMPASS) 10/7/2024

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  • More than 7 million adults of ages 65 and above rent instead of owning their homes in the US

    Renting in retirement years can be a positive because older people can avoid costly maintenance associated with the upkeep of a home. Renting also offers the flexibility to move vs. the complexity of selling a home…..but….unlike younger renters, adult renters in retirement years could be especially vulnerable to rent hikes because they are on fixed

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  • Was the 2% mortgage rate forever?

    A buyer with a $2,000 monthly budget and a 20% down payment can afford to buy a $317,000 home at today’s average mortgage rate:  In 2021, when home buyers could get mortgage rates for around half, the same budget would afford a home above $400,000. HOWEVER, many media articles don’t factor in that many people’s

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