Viewing entries tagged
spring

February 2021

February 2021

Yesterday’s NY Times front page story “Possible Boom Post-Pandemic” recognizes an economic sea change. We are turning the pandemic corner, and for that we are grateful. Economists are predicting a supercharged rebound for the U.S. Days ago, in a February 18th report issued in Washington D.C., Fannie Mae Sr. VP and Chief Economist Doug Duncan predicted a 6.7% GDP increase this year, simultaneously cautioning that the same reasons for expansion might also push up inflation. “Growth,” he noted, “will accelerate sharply beginning in the second quarter.” The news bodes well for residential real estate in New York.

March 2020

March 2020

Early spring’s daffodils are here, and we’ve shed our scarves and gloves, but we find ourselves in uncharted waters during an unprecedented season. A new virus is threatening our lives and our livelihoods as it spreads angst, anxiety and confusion. With an incubation period of 2-14 days according to the CDC, and with symptoms appearing about five days after infection, the novel virus unnerves and unsettles us. Human distancing seems to be the most effective tool against the spread of this contagious disease.