MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 11/27/2023 – 12/04/2023
Let’s see what the market’s doing this week in the Riverdale area of the Bronx.
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Did You Know?
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* Most engineers agree that concrete construction offers the strongest assurances of withstanding powerful winds. The slightest flaw in the design or construction of a wood-framed house and the building could collapse under the force of a violent storm. Homes with wooden frames are cheaper and faster to build than those framed in concrete, one reason why wood-frame construction is the norm in much of the U.S. (WSJ)
* BITCOIN has soared to $42,000 up from $16,700 a year ago….. and gold prices hit a high above $2,100 too…..rather unusual, as gold usually soars when inflation is rising. (CNBC)
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Courtesy of Stephen Lascher, Wells Fargo