Monthly Archives: June 2022

12 things you need for the perfect picnic in NYC

Jun 16, 2022 |

Photo by Ben Duchac on Unsplash Warm weather has arrived in New York City, which means it’s time to dust off your picnic blanket and fill your basket with local goodies for a meal al fresco. To help you throw the best picnic, whether you’re impressing a first date or just taking some solo time to […more]

Fed Trying to Tank the Market?

Jun 16, 2022 |

Now he’s done it.  Chairman Powell’s remarks yesterday (and my comments at bottom): Rates were very low. A good place to start is rates were very very low for quite a while because of the pandemic and you know the need to do everything we could to support the economy when unemployment was 14% and […more]

5 Things to do in the North Shore: June 17

Jun 16, 2022 |

Summer is here with plenty of opportunities to explore different communities, enjoy music and food at festivals, and discover new cultural opportunities. Here’s a round-up of five activities that we found most interesting for you this week! Not Just for Kids! Airbrush tattoos! Giant slide! Gravity ball! Lawn games! Wheeling’s Kids Fest is designed for […more]

5 Things to do this Weekend: June 17

Jun 16, 2022 |

Summer is here with plenty of opportunities to explore different neighborhoods, enjoy music and food at street festivals, and discover new cultural opportunities. Here’s a round-up of five activities that we found most interesting for you this week! Chicago’s Longest-Running Show Gets Its Pride On The Neo-Futurists have spent every weekend since 1988 putting on […more]

Unique Collectibles Store Opens in Waldo

Jun 16, 2022 |

Here’s yet another unique, friendly, locally owned business you should know about in Waldo:  PKTC Collectables at 218 W 74th St.  The name of the shop says it all:  owners Scott Saunders and Dione Woods sell collectibles of all kinds:  sports jerseys, comics, action figures, trading cards, posters, Funko Pops and a lot more!  Scott […more]

Ernst Lubitsch’s Bel-Air estate, an Old Hollywood time capsule, asks $20 million

Jun 16, 2022 |

For the first time in 60 years, the Bel-Air home built for famed director Ernst Lubitsch has hit the market for $20 million.

Adams outlines long-awaited plan to tackle NYC’s housing crisis

Jun 16, 2022 |

Photo courtesy of Ed Reed/Mayoral Photography Office on Flickr Mayor Eric Adams on Tuesday finally released a plan to confront New York City’s housing crisis.  The plan, titled Housing Our Neighbors: A Blueprint for Housing and Homelessness, addresses the city’s range of housing problems with a focus on reforming NYCHA, expanding affordable homeownership opportunities, creating more units […more]

How the Fed’s rate hike will affect the housing market

Jun 16, 2022 |

The Federal Reserve’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. The federal funds rate doesn’t directly dictate mortgage rates, but it does steer market activity […more]

Benchmark Mortgage Rate Rockets, Nearing 6 Percent

Jun 16, 2022 |

The average rate for a conforming 30-year mortgage rocketed 55 basis points (0.55 percentage points) over the past week to 5.78 percent which is the highest average rate since November of 2008.  As such, the current 30-year rate is now 97 percent higher than at the same time last year with the average rate for […more]

Congratulations to all our Top Producers in May!

Jun 16, 2022 |

May was another strong month for Davidson Realty with so many of our agents helping their customers make moves in this fluid housing market!  So, it’s especially important to us to recognize and congratulate our top performers who made such an impact!  In addition, we would love to share with you a little bit about […more]