https://therealdeal.com/2021/0...Seems like a great leading indicator for NYC real estate as the vaccine rolls out!

Do this enough and you begin to quickly identify trends based on all sorts of indicators like age of property, square footage, bedroom/bath count, etc. 

@Jonathan GiglioAs many have indicated, it is always the right time to buy if you get the right deal.

After more then 4 months on the market you might even get some indication on what would fly. 

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

Looking forward, new building permits (a leading indicator of future construction) rose 4.5% in December to a 1.709 million annual rate.

First, some general tips for you on red flags to watch out for:- Asking for a large loan application fee or other fees upfront- Unusually low interest rates for a hard money/private lender (real hard money/private lenders aren’t loaning money at 4-5% but fake ones usually advertise those rates)- Email communications with really bad English/grammar indicating the sender might be from out of the country- Claiming they loan nationwide in all 50 states (most non-bank, hard money/private lenders operate in only certain states and don’t lend nationwide)- Claiming they can do loans from $5,000 to $50 million (most lenders that will loan you $5,000 can’t do a loan for $50 million, and most lenders that can do a loan for $50 million aren’t going to bother doing a loan for $5,000)- Offering to send you a photo of their drivers license (fake lenders tend do this to convince you they’re legit but I guarantee you it’s not their license they’re showing you and a real lender would never do this)- Not caring about your qualifications or the merits of the deal (basically willing to “approve” you no matter what you bring to them since they know they’ll never actually fund it)- Terms that seem just way too good to be trueThat’s just a few things to watch out for.

Option 2 indicates that you do not have sufficient $$$ for the down payment.

Tenant indicates "improvements" they've done to the home and how they want to stay forever. 

They've been thinking about buying a home in our neighborhood but the housing pricing these days indicate that selling value (e.g. $600k) is just not enough to cover the cost of the new home ($900k) and they no longer can qualify for loan.