Report signals start of broad-based housing recovery

By June Fletcher, Yahoo! Real Estate Could it be that housing has emerged from its funk? While some hard-hit markets still lag, overall, a number of key indicators are pointing in that direction and could confirm “the beginning of a broad-based housing recovery,” according to the latest report from Realtor.com. “We’re seeing some hope,” says … Continue reading Report signals start of broad-based housing recovery

US homebuilder outlook unchanged near 4-year high

US homebuilder sentiment unchanged in March but future outlook improving ahead of spring  By Derek Kravitz, AP Real Estate Writer | Associated Press WASHINGTON (AP) -- Homebuilders' feelings about the current housing market haven't changed from February. But many are growing more optimistic that sales could pick up in the coming months. The National Association … Continue reading US homebuilder outlook unchanged near 4-year high

Homebuilder optimism rises for 5th straight month

 via Derek Kravitz, AP Real Estate Writer/  Yahoo Finance WASHINGTON (AP) -- U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins. The National Association of Home Builders/Wells Fargo said Wednesday that its builder sentiment index rose for a fifth … Continue reading Homebuilder optimism rises for 5th straight month

Another Bklyn condo project goes rental

Despite some signs of more demand from buyers for high-end housing, a new owner opts for the safer route of leasing units. via Crains New York Despite signs that the market for residential condominiums in Brooklyn may be regaining its feet, one owner is having none of it. The new owner of 75 Clinton St. … Continue reading Another Bklyn condo project goes rental

Home sales at 11-month high

via Lucia Mutikani/REUTERS WASHINGTON (Reuters) - Sales of previously owned homes rose to an 11-month high in December and the supply of properties on the market tumbled to a near 7-year low, pointing to a nascent recovery in the housing market. The National Association of Realtors said on Friday existing home sales increased 5 percent … Continue reading Home sales at 11-month high

Twenty50 Rental Breaks Ground in Fort Lee

via GLOBE ST/Debra Hazel FORT LEE, NJ–The recent groundbreaking of Twenty50, the 194-unit luxury rental building at 2050 Central Road here, is the culmination of nine years of planning, says BNE Real Estate Group, the project’s developer. The recession and resulting renewed appeal of rentals led BNE to reduce the size of the residences and … Continue reading Twenty50 Rental Breaks Ground in Fort Lee

CRYSTAL POINT ON JERSEY CITY WATERFRONT WOWS NEW YORK CITY REAL ESTATE BROKER

JERSEY CITY, N.J. – Sophine Hung, a real estate broker at Metropolitan Residential Partners in New York City, had never been to Jersey City, N.J. before. The 20-year real estate veteran had been selling upscale homes in highly-amenitized buildings in Westchester County and Manhattan for the past two decades, but New Jersey’s Hudson River “Gold … Continue reading CRYSTAL POINT ON JERSEY CITY WATERFRONT WOWS NEW YORK CITY REAL ESTATE BROKER

Apex Goes Halfsies

via /Sara Polsky at Curbed.com HARLEM—The progress of sales at Harlem's Apex Condos has been steady, though not in the blockbuster realm. The latest stat, via building reps: the place is 50 percent sold. StreetEasy shows 13 active listings for the 44-unit building and an average recorded sale price of $556/square foot. [CurbedWire Inbox]

THE RECORD: PROSPECTIVE HOMEBUYERS LIKE WHAT THEY SEE AT HIGHPOINTE AT WOODBURY JUNCTION

MONROE-WOODBURY, N.Y. – – A beautifully decorated model home officially opened its doors to the public last weekend during the Grand Opening of HighPointe at Woodbury Junction, the collection of 25 stylish single family homes rising in the HighPointe section of the well-established Woodbury Junction neighborhood in Central Valley, N.Y. The spectacular home quickly received … Continue reading THE RECORD: PROSPECTIVE HOMEBUYERS LIKE WHAT THEY SEE AT HIGHPOINTE AT WOODBURY JUNCTION

CBCF AND SAKS FIFTH AVENUE TEAM UP TO “SHOP FOR A CURE” ON THURSDAY, SEPTEMBER 22nd

A Special Night at The Mall at Short Hills Will Raise Money For Breast Cancer Research  SHORT HILLS, NJ – The Cure Breast Cancer Foundation, Inc. (CBCF) is teaming up with Saks Fifth Avenue to “Shop For A Cure,” an exclusive shopping event that will feature a fashion show highlighting the most popular fall styles. … Continue reading CBCF AND SAKS FIFTH AVENUE TEAM UP TO “SHOP FOR A CURE” ON THURSDAY, SEPTEMBER 22nd