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Mortgage Obstacles and Options for Minorities by Victoria Alexander

I recently read an article on DNA Info that stated 10% of Blacks homeowners in Queens, specifically Jamaica, are underwater on their mortgages. A policy analyst at the Center for New York City Neighborhoods by the name of Leo Goldberg was quoted saying, “for home-owners who bought in the early 2000’s, white home values have […]

Gender Gaps in the Real Estate World for Women as Home Buyers

Single women make up at least 15 percent of home buyers, making them the second largest group of buyers in the U.S. real estate market. The largest being married couples.  Also, statistically speaking, single women are likely to default less on their mortgages and tend to make larger down payments; in spite of their lower […]

Uber Wants Williamsburg Residents to Car Pool by Tommi Edwards

Uber intends to offer an alternative to the L train shutdown via their pilot program Commuting Together  How will it work? “Uber wants to target existing drivers that cross the Williamsburg Bridge to offer other commuters a ride across the bridge. Through their pilot program titled “Commuting Together,” drivers making the trip across the bridge […]

Finally Some Good News for Renters!

  This has been a crazy decade for real estate in New York City.  The rapid growth in Brooklyn is just one factor.  We have all been watching as rents skyrocket.  Well, good news renters!  The five year “development boom” has driven the cost of rentals down.  As more new inventory continues to hit the […]

Pre-Qualified vs Pre-Approval – What’s the Difference? by Tommi Edwards

  You’ve been thinking about buying a house. You go to check the mail one day and notice that there is a letter from a bank stating that you’ve been pre-qualified for a mortgage up to $300,000. Now, you feel more ready than ever.  But hold it right there…. While a pre-qualification may give you […]

New Food Hall Coming to Brooklyn by Tommi Edwards

There is a food hall coming to Downtown Brooklyn and it is scheduled to open its doors Fall of 2016! Ask any New Yorker what they love about their city and one of the answers you’ll most likely get is the limitless exposure to a vast variety of foods.  It is no wonder why food […]