Category: News + Insight

By Deborah Miller, Licensed Real Estate Salesperson Preparing an estate for sale involves several important steps—here are three key ones to keep in mind as you get started. It’s a marathon, not a sprint… Selling an estate property can be an emotional and logistical process. Fortunately, the estate attorney and your real estate broker will work together…

By Candice Milano & Malessa Rambarran, Licensed Real Estate Professionals Real estate investing doesn’t have to mean late-night maintenance calls or juggling contractor bids on your lunch break. In fact, many of today’s savviest investors are building wealth without ever picking up a hammer—or even stepping foot on their properties. Welcome to the world of…

By Gregory Heym, BHS Chief Economist and and host of Crossing The Line This week, we discuss the latest on consumer spending and what the Fed said about rates. Retail Sales Fell More than Expected in May Retail sales declined 0.9% last month, a bigger drop than the 0.6% Dow Jones forecast. As if that wasn’t scary enough,…

By Serj Markarian, Licensed Associate Real Estate Broker New York City’s Fairness in Apartment Rental Expenses (FARE) Act went into effect yesterday after a federal judge declined to block its implementation. Passed by the City Council in November 2023 by a 42–8 vote, the law now requires landlords to cover broker fees when they hire an…

New border and immigration policies are affecting families across the country, including right here at Brown Harris Stevens. Two-and-a-half months ago, Luz Vasquez, the mother of Alejandro Monsalve, the Facilities Office Coordinator at the 1934 Broadway Office, was placed in ICE custody. In March, upon her arrival from Alejandro’s wedding in Colombia, Luz was detained…

It was recently Friday the 13th, but instead of trying to scare you, we have positive economic data to make you happy. We also pay tribute to one of the greatest songwriters of all time, Brian Wilson, and celebrate all the fathers out there and those that are no longer with us. Consumer Prices Rose…

By Serj Markarian, Licensed Associate Real Estate Broker New York’s 2026 state budget introduced a major shift for the city’s housing landscape—the Affordable Housing Retention Act(AHRA), a provision that reopens the door for rental-to-condo conversions under more flexible terms. While the bill is aimed at preserving affordable housing and expanding homeownership, it also holds interesting…

By Gregory Heym, BHS Chief Economist and and host of Crossing The Line It’s the first Friday of the month, so today is all about jobs. Payrolls Rose More than Expected in May Another month, another better-than-expected report. Employment rose by 139,000 in May, easily beating the 125,000 Dow Jones estimate. Here are the other highlights of…

By Candice Milano & Malessa Rambarran, Licensed Real Estate Professionals Not everyone is ready to walk away from a stable career to dive into real estate full-time. In fact, many successful investors build their portfolios while holding down demanding jobs. Whether you’re a doctor, teacher, tech professional, or business owner, it’s entirely possible to grow…