It looked like another chuckle-worthy April Fool’s Day dispatch: CNBC’s webcast “Is NYC luxury real estate about to go bust?” It was barely 7 in the morning on April 1—but only the most bleary-eyed Henderson web watchers were likely to have been caught off-guard. Pranksters had already made mincemeat of the credibility Friday news dispatches [...]
A couple of recent developments made the news recently that promised to impact our Henderson’s real estate scene either now or in the future. The one that got most of the attention last Wednesday came from a familiar source: Federal Reserve Chair Janet Yellen. Her news conference’s less-than-stirring pronouncement (“Caution is appropriate”) made headlines nonetheless [...]
It might sound shocking, but our Henderson’s homeowners—present and future—have DTIs! Although the press has been largely silent, it’s important that the public is fully educated on the subject. But before anyone calls an emergency meeting to see what can be done… The good news is that, despite how dire it may sound, having DTIs [...]
Everyone who owns a rental property in Henderson makes a continuing management decision concerning how much of the day-to-day operational responsibility to outsource. Some are inclined to tackle the nuts and bolts of tenant management, while others are content to leave it to one of the Henderson’s professional property managers. If the main motive for [...]