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MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 7/3/2023 – 7/10/2023

Let’s see what the market’s doing this week in the Riverdale area of the Bronx.

Did You Know?

What if there was a drug that extended life, made you happier, healthier, and wealthier, and strengthened your relationships? The good news: It exists. This drug is higher education. America is the world’s premier source, producing the compound at a purity no other manufacturer can rival. Harvard, for example, quadruples the patient’s income. It also dramatically increases their odds of becoming president. Millions come to the U.S. to access this drug. In a rational world, we’d be making as much of it as possible. (PS: A more recent study by the Brookings Institution found that housing costs tend to be higher in areas where high-scoring schools are located.)  (Scott Galloway)

The average price of a home in the greater Toronto Area fell 1.2% in June from May to $890,084, while the number of sales declined 16.9%. (Reuters)

It’s a hot, hot Summer: Daily high temperatures broke records in South Florida and Arizona. A Texas heat dome broke records in June and it was the planet’s warmest June on record. Planting a small tree in front of a window can help cool homes. Shading your air conditioner can reduce energy costs by as much as 50%.(USA TODAY)

Courtesy of Stephen Lascher, Wells Fargo