These are pretty lovely, too bad no one below Trump’s income bracket can own one. via flickr user Matthew Rutledge Okay, full disclosure, we’re not actually celebrating. Real estate agents may be popping corks all around the city but we, on the other hand, are pretty bummed about the news. The second-quarter of the 2015 Corcoran report dropped today, and shows that home prices have risen to a record-breaking high. So, sorry if you’ve been telling friends you were planning to buy a place soon; looks like it’s getting damn near impossible to do so. Not only is price per square-footage on a home sale the highest it’s been in seven years, but it’s also a 35% increase from the numbers this time last year. And that’s just referring to the market as a whole. It gets more horrifying as you get more specific. For example, the median price in new developments for a 1-bedroom has increased a… Read More
These are pretty lovely, too bad no one below Trump’s income bracket can own one. via flickr user Matthew Rutledge Okay, full disclosure, we’re not actually celebrating. Real estate agents may be popping corks all around the city but we, on the other hand, are pretty bummed about the news. The second-quarter of the 2015 Corcoran report dropped today, and shows that home prices have risen to a record-breaking high. So, sorry if you’ve been telling friends you were planning to buy a place soon; looks like it’s getting damn near impossible to do so. Not only is price per square-footage on a home sale the highest it’s been in seven years, but it’s also a 35% increase from the numbers this time last year. And that’s just referring to the market as a whole. It gets more horrifying as you get more specific. For example, the median price in new developments for a 1-bedroom has increased a… Read More