WSJ lists 7 things you may not know about expat life

Teaching is a job to which expats tend to gravitate. Source: Khmer440.com

Teaching is a job to which expats tend to gravitate, but pay in Cambodia is low. Source: Khmer440.com

The life of an expat may contain many surprises, the Wall Street Journal noted in an article not so long ago.

It turns out, according to a survey on which the article is based, that Ecuador provides the most happiness to expats and that Europe, unsurprisingly, offers the best education.

But would you imagine that Ireland falls behind Russia, Oman and Continue reading

Advertisements

Weekly Roundup: Brooklyn, inventory, bidding strategy, prices, Airbnb, interest rates, owning vs. renting, inspired renovating and much more

Brooklyn’s fast-climbing home prices make it nearly as expensive as Manhattan

Transaction volume strongest in years, even with diminished supply

Graphic demonstrates depth of Manhattan inventory

Bicycles becoming new amenity in some buildings

Permits for new residential buildings skyrocket in first quarter

In this seller’s market, every minute counts

So does the right strategy in a bidding war

‘Hybrid’ home-seekers on the hunt

Prices in the Hamptons Continue reading

Out and About: Battery Park City has many fans

Looking north from foot of Battery Park City's South End Avenue on a Sunday.

Looking north from Battery Park City’s South End Avenue on a Sunday.

There is nothing quite like Battery Park City, that enclave built on landfill at the southwest tip of Manhattan.

Among its characteristics is a large concentration of playgrounds, parks and promenades,\; astounding views of the Hudson River, the Statue of Liberty and New Jersey (for what that last perspective is worth); proximity to the Financial District; and its remove from the overwhelming bustle and hustle found elsewhere in New York City.

Like Roosevelt Island and some other areas on the fringes of Manhattan’s centers of energy and commerce, Battery Park City (which, of course, is practically on Wall Street, is not for everyone.  To me, Battery Park City feels remote.  To other folks, the pace could not be more agreeable.

Compared with other areas of the city, Continue reading

Weekly Roundup: Skinny condominiums, celeb comings and goings, nation’s price and sales increases, continuing rate rise, investments

This has been year of pricing audaciously

City’s property records site gets update with more information

Developers specifically catering to families in West Chelsea and farther downtown

New graduates returning to New York City learning that life just isn’t fair

Zillow says it takes up to 11.9 years, depending on neighborhood, to match cost of buying with renting

Boom in luxury towers Continue reading

Weekly Roundup: All-cash offers, reality dust-up, high annual sales growth, no-doc loans, Newtown resiliency, worst investments, housing ‘haze’

April transaction volume in Manhattan beats year earlier by 24 percent as supply finally starts to rise

Rent board preliminarily approves annual increase of at least 3.25 percent for one-year lease

Winning offers at even lower levels more likely than ever to be all cash

State passes overhaul Continue reading

Weekly Roundup: Buyer woes, singer’s many purchases, U.S. price gains, mortgage brokers’ profits, soulful kitchens, millennials’ optimism

Manhattan a tale of two markets

Real Estate Brokers Predict a Tough Time for Buyers

Buyers ask, brokers try to answer

Tight inventory leads buyers to risk their down payments

Popular keywords enable listing agents to sell fast

Booming Hamptons market pushes renters east

And Fire Island fights Sandy’s effects on housing market as summer approaches

For trophy properties, $100 million is the new $50 million

Short supply of Brooklyn brownstones, leads to whopping price tags as more Manhattanites switch boroughs

For fixer-uppers, go east

City official says two, three more micro-unit developments in the offing

Sanitation Department schedules disposal events for hazardous products in five boroughs

Social media bigwig accused of trashing apartment in Chelsea and purchases big Greenwich Village loft for $8.15 million

Noted artist lists for $3.13 million Fort Greene townhouse purchased for nearly $2 million less in 2007 and renovated

Network TV anchor Continue reading

Perfect pitch may hit the wrong chord of law

(Source: the U.S. National Archives)

The headline went like this:

“Can I Buy Your House, Pretty Please?”

In the Wall Street Journal, the article by Joann S. Lublin noted that the housing market has changed in some areas.  As the subheading observed:

With inventory tight and prices rising, buyers in competitive markets like Silicon Valley and Seattle are returning to a boom-era tactic: writing heartfelt letters to sellers explaining why they should win the house. Signing with a paw print.

The piece is accurate in pointing out that an emotionally charged letter from a buyer can sway a seller who is considering more than one offer.

Referring to the missives as “pitch letters” or “love letters,” Lublin correctly reported that Continue reading