Posted by Leonard Steinberg on October 12th, 2011 As the BLACKBERRY BLACKOUT continues, I as a real estate broker vow never to complain about my Tech ever again, even though at times it may be warranted. Life in real estate land in New York is simply HORRIBLE without a functioning Blackberry. I feel I have… [Read More]
THE DINING ROOM FINDS NEW LIFE
Posted by Leonard Steinberg on December 31st, 2010 Yesterday’s Wall Street Journal had an interesting article on alternative uses for the traditional dining room. As a broker I consistently hear the story of ‘the un-used dining room’…..its a story how everyone buying a home dreams of lavish dinner parties in their dining room surrounded by… [Read More]
A TRASHY TALE….
Have you ever noticed the trash in front of some buildings (a system that appears more in keeping with 19th century technology) while other buildings do not have to succumb to placing large bags of garbage in front of their buildings? “It is truly amazing that in the 21st Century, with a world full of… [Read More]
HOME SIZE DEFLATION?
According to a report on CNNMoney, the American home is shrinking. Toll the bell for the McMansion. After years of growth, the Census Bureau recently reported that median new home size fell to 2,135 square feet in 2009 after peaking at more than 2,300 earlier in the decade. That is a significant drop….almost 7%! “As… [Read More]
WE ENTER THE ERA OF THE FLASH-CRASH!
The recent equity market flash-crash was determined to be a product of the computer-run systems we rely so heavily on. The flash crash produced a 1000-plus point market drop. And worse, we should expect another flash-crash in the future. With our lives increasingly over-taken by computers, the FLASH CRASH could happen not only on Wall… [Read More]
BLACKPAD AND I-PAD: HOME AUTOMATION AND BROKERAGE CHANGE FOREVER:
With Research in Motion’s announcement today that they are developing a similar device to Apple’s I-Pad, we should feel certain that home automation and real estate brokerage will more than likely be entirely controlled by these devices going forward. And why not? Unlike cell phones, the larger screen is much easier to read, and much… [Read More]
THE ROLLER COASTER DECADE
I believe the two thousand and teen years will be the ROLLER COASTER DECADE. Already we are witnessing a volatility that has rarely been seen before in our history, and I fear this is the new normal. We are seeing vast fluctuations in the Equity Markets, often fueled by our new electronic economy, a system… [Read More]