Manhattan renters were hungry for studios last week, searching out such modest digs with more frequency than any other type of apartment, according to Zumper, an apartment listings website.
Studios were 55 percent of total inquiries, and the median rent query was $1,795 per month. One-bedrooms, often the most popular type, had 35 percent of the leads and the median query was $1,895. Two-bedrooms had the smallest chunk of leads – 10 percent – and an average query of $2,695.
“The searched prices for studios remained stable, [while] one-bedrooms dropped 16 percent,” Zumper COO Taylor Glass-Moore told The Real Deal. “Two-bedrooms climbed 45 percent.”
The top five most in-demand neighborhoods in Manhattan were, in order, the Upper East Side, Greenwich Village, Upper West Side, Soho and Lower East Side, data show.
http://therealdeal.com/blog/2013/12/30/rentals-in-demand-studios-dethrone-one-bedrooms/
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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