Sam Frederick Releases & Mixes

"A home is only worth what someone will pay for it"

When determining the value of a house -- or any property for that matter -- knowing the price that a recently closed, almost indentical property sold for is crucial.

 

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While some may find it surprising to learn that the borough now has neighborhoods with average rents well above a number of areas in notoriously expensive Manhattan.

According to a report done by MNS, the average rent in Manhattan last month was $3,836 -- this is comfortably below Brooklyn's Dumbo neighborhood, which ended December 2014 at $4,237.

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All good things must come to an end.

Low interest rates have made real estate a buyer's market for some time now,  but this window of opportunity may be closing sooner than anticipated.

Let's discuss why interest rates were so low in the first place, as well as why we can expect them to change in the near future.

 

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The answer is actually refreshingly straightforward: Yes.

There is no law in the state of New York -- or any other state for that matter -- that restricts renting and selling real estate to agents who work at least a full 40 hour work week.

That being said, is simply knowing it's possible to work part time really all that helpful?  It's probably possible to survive on a diet of Cinnastix and beer, but that does not mean it actually makes sense to go through with it.

So, really this begs a larger, more meaningful question: is it worthwhile to sell real estate part time?

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