Good Morning New York, Real Estate with Vince Rocco

At this Hour: What we are going through some say is natural because we have been here before. I don’t buy it. Deals are harder to do which means we need to work harder to save each one of them. But that seems standard to me though.

Chances are, if you love the energy and vitality of this city and you want to sell New York City real estate, you’ve probably noticed it’s full of people who have been in the business for a while, we call them Power Brokers.

Ordering food? Catching a ride? Looking for a date? Well people do everything on their phones today, and as such they expect to browse, buy, and sell real estate from the palm of their hand, too.

Today is Season 6

In a buyer’s market, there are more homes for sale than there are people shopping for homes. This means that buyers have the upper hand, since there are plenty of other choices out there.

At this hour: Technological developments in recent years have changed nearly every industry, and real estate is no exception.

At this hour: While one of the smaller states in the U.S., Connecticut has the 19th longest shoreline at 618 miles. Approximately 125 of those shoreline miles are along the coastal towns of Greenwich, Stamford, Darien, Norwalk, Westport and Fairfield.

At this hour: The stars are shining bright on Broadway this fall with some legendary actors returning to the stage in multiple new shows.

At this hour: Mention the term “millennial” and you may as well run for cover.

We came out of 2018 in reset mode for NYC sales including new condo development sales. The pace of sales has already slowed this year with homes spending more time on market prior to going into contract.

So many changes in NYC real estate in 2019 the mansion tax, the proliferation of listings platforms, a softening of the luxury market, a proposed cap on rental commissions and sweeping new rent regulations to name a few.