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Ross Ellis

Lic. R.E. Salesperson
Office:(212) 317-7828

Award-Winning Manhattan Real Estate Agent


My Blog

Tis The Season To Sell Your Home

This is one of the busiest time for real estate agents. It’s the spring selling season! Homeowners are calling, texting and emailing their real estate agents to put their homes on the market. And it couldn’t be a better time for homeowners as there is so little inventory available in New York City. According to Greg Heym, Chief Economist, Terra Holdings, the average and median price for all apartments set new records in 4Q15 . The number of sales rose 12% compared to 4Q14. Condos accounted for 50% of sales, the highest percentage since 1Q09. New development sales were 26% of all transactions, up from 17% a year ago.  According to the Mortgage Bankers Association, total mortgage application volume increased 9.3 percent on a seasonally adjusted basis from the previous week. Interest rate-dependent refinances were almost entirely behind the gains. And buyers are out 24/7/365 and any new home that hits the market is a welcome...
Posted to on Wednesday, February 10, 2016 at 6:21:06 PM

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