NYC Real Estate News by Fernando Branco, Real Estate Broker, GRI, ABR, CNE - Fernando Branco Realty

Stability is the word for the Manhattan Real Estate Market; Manhattan is showing steady sales, flat prices and inventory, even while many other housing markets are in an uncertain struggle; Total number of sales in the 1st quarter was off somewhat from last year's 2nd Quarter, but probably because of the burst of sales a year ago due to the now expired federal tax credit; According with Miller Samuel Inc.:  The average sale price for a Manhattan apartment in the latest quarter was $1,46 million, up 1.6% from a year earlier, while the median price was $850,000 down 5.5% from a year ago, but 8.7% higher than the 1st quarter;  Sales were off 3.8% from a year ago (Streeteasy.com said sales fell 12.3%); The median price for a one bedroom co-op fell by 8.2%, the median price for a three-bedroom co-op rose by 37.5% to $3 million over a year earlier; Price per square foot rose 1.6 percent; Manhattan is one of the better markets in the country, along with D.C. ...

The latest news is starting to show the light at the end of the tunnel: we are finally turning the corner with a more positive Real Estate outlook! Attached is the first page of a Wall Street Journal article from June 4 about home ownership. If you are looking or thinking about purchasing your new home, if you have just purchased or are thinking about selling your home, or even if you are just wondering where we are heading, this article will brighten your day. Please feel free to contact me anytime at (347) 879-0730 for any Real Estate information and/or questions. I am also always honored to receive your referrals of any family member, friend, or colleague who may be thinking about purchasing or selling Real Estate. I am never too busy to help – a referral is the best compliment you could give me!   Thank you and I hope you have a great summer! Why It's Time To Buy "The Clouds Haven't Quite Parted, But The Long-Term Case For Home Ownership Is Looking Stronge...

There are a lot of  awesome new pasta dishes  in New York, right now. You'd kill yourself trying to sample them all, so here's a list of twelve top picks, as a starter Map data ©2011 Google -  Terms of Use Map Satellite Hybrid The Porchetta Ravioli at Tenpenny 16 E 46TH ST NEW YORK, NY 10017 (212) 490-8300 It's easy to love homemade ravioli stuffed with roasted pork, alongside creamy smoked ricotta, and fresh rapini heads. But the thing that really sets this dish over the … Penette col Cavolfiore at Porsena 21 E 7TH ST NEW YORK, NY 10003 (212) 228-4923 All of the pastas at Sara Jenkins's  new casual Italian restaurant  are great, but this is perhaps the most interesting, and flavor-forward on the menu. Penne is mixed … Cavatelli con Vongole at Lincoln 142 W 65TH ST NEW YORK, NY 10023 (212) 359-6500 Some critics love Jonathan Benno's ambitious new Italian restauran...