David Shorenstein

Since Labor Day, the real estate market in New York City has seen dramatic surges, suggesting this will be one the busiest seasons the market has seen in a few years. There have been 30% more properties hitting the market this fall than has been the average in the autumn months of past years. In specific numbers, 723 homes were listed this fall compared to the 599 homes to hit the market this same time last year. On average, the number of homes to be listed during the fall months from 2016 th...

Buying a foreclosed home is a gamble. On the upside, you might get a home at a tremendously reduced price. A bank or mortgage lender would be looking to get out of a property and will let it go at a relatively low rate. That means you can scoop it up well below market value and potentially own the property and live there, or fix it up and flip it for massive profit potential.

Living in the borough of Manhattan is a dream for millions of people. Whether they do it for part of their lives or live there forever, there is a certain status that comes with living in Manhattan that is unparalleled across the nation, or even around the world. Living in any of the other boroughs also has a level of prestige that comes with it, but nothing carries the “wow” factor quite like Manhattan.

Homeownership is the American dream for many. It’s even better when it has all the amenities you’re looking for at a price you can afford. Of course, it may not be all sunshine and rainbows. What if your home is in a flood zone? A flood zone in New York City suffered the effects of Hurricane Sandy back in 2012—knowing what to do if you move into a New York City flood zone is a vital part of city homeownership. Here’s what you need to know about homeownership in a New York City flood zone cour...

Now is the time to take advantage of a seller’s market if you’re thinking of selling a home. Demand is high, interest rates are low, and supply is short, so there’s no time like the present.
With such a hot market, it may not feel necessary to pour resources into a real estate photographer to showcase a property. But selling a house is all about drumming up interest to get buyers through the door, and poor pictures may limit interest.
Today’s technology lends itself heavily to those who best ...

An ATTOM Data Solutions for 2020 shows that it is more affordable to own a three-bedroom house at a median price than renting one in about two-thirds of the United States. Although median home prices increased rapidly than the average wages and average rent, being a homeowner was more affordable in more than half of counties in 2019. More people are moving into the suburbs because of the pandemic, causing increased home prices and slack in rents across the country. Besides the price tag, deci...

Details about Capital Gains Tax That Every Investor Should Understand Before Investing
Investors in the real estate sector are guaranteed steady income through the sales of commercial and residential properties. These attract high tax due to the promising returns.

Every year, millions of people around the world look forward to New Year’s Eve. It’s a time of hope and excitement for the upcoming year. It’s also a time for resolutions. Whether it’s loving more, experiencing new things, or losing weight, solutions are meaningful to many individuals. For those who want to make a real difference in the upcoming year, giving back is one fantastic way to go. Read on for some great ideas concerning charitable giving in the new year.
1. Volunteer
There are plent...

Has 2020 Left You Climbing the Walls at Home?
If those four walls seem to be closing in on you during this inexplicable 2020, and if you’re blessed to be secure financially, so the mighty dollar is not a concern, think about volunteering for some benevolent services online that will not only make you feel well on the inside, but it will also do some good for your community.
Obvious Benevolent Acts
There are myriad practical and benevolent projects you can do from home. You can scavenge throug...

It’s never too early for young people to develop a charitable mindset. When younger people learn to give back to their communities, they form habits they’ll likely maintain for the rest of their lives. That’s why it’s so important to encourage college students to donate to charitable causes. Without outside influence, students are not likely to donate of their own initiative. Who can blame them for being wrapped up in their own worlds? College kids have a lot on their plate. With a little enc...

Over just the past few years, corporate philanthropy has increased throughout the country. Although this is certainly due to voices calling for companies to be more involved within their community, the benefits of doing so are apparent to those companies and their owners. However, simply involving your business in philanthropy isn’t enough to gain those benefits. Therefore, we’ve compiled some of the best tips to help your business excel at it.
It All Begins with a Plan
Perhaps the most commo...

In a 2013 Time magazine article, columnist Joel Stein wrote that Millennials (those born between 1982 and 2000) differ significantly from previous generations. Research shows that they lack the empathy that gives them a particular concern for others. Now, the recent pandemic offers Millennials and others who are self-absorbed the opportunity to develop their unselfishness and restore their humanity. Read more at DavidShorenstein.net

About David Shorenstein: Principal at Hildreth Advisors David Shorenstein's Background: David Shorenstein is a seasoned real estate industry professional residing in New York, New York . He has been the Principal at Hildreth Advisors since 2018. For the past decade and a half, David Shorenstein has flourished in his real estate career. After graduating with his degree in finance, David began looking for career opportunities that involved tangible assets. He landed on real estate. With traditi...