Cash Flips
Nice feature in the NY Times about foreclosure flippers in Long Island. The thinking now is to buy in cash, renovate, hold until kosher, then put it back on the market.
Sure it’ll only sustain the current bubble, but whatever: cash is always king.
Ultra-lux White-Glove Real Estate Ads
This has taken a while, presumably because I’m recuperating from exams (but really because I’m a lazy fuck), but the NY Times featured Valerie Haboush, RE ad writer to the elite, recently.