Market Update: Manhattan & Brooklyn Real Estate
From seasonal shifts in inventory to what’s driving buyer demand, let’s discuss the most recent data. Manhattan Market Overview As we enter mid-November, Manhattan's real estate supply is following its usual seasonal trend, decreasing from a high point...
The Power of Voting: Why Every US Citizen’s Voice Matters
Election Day 2024 is fast approaching on Tuesday, November 5th. Early voting is currently underway. Your voice matters, and your vote counts. Don’t let this election pass by without making your mark. Register, research the issues, and cast your ballot — not just for...
Manhattan Market Report: 3Q2024 Overview
Two significant macro events loom large over the real estate market: interest rates and the upcoming election. Interest rates have already contributed to a cautious atmosphere, as both buyers and sellers adopt a wait-and-see approach. The uncertainty surrounding the...
NYC Real Estate Market: Key Trends Entering 4Q2024
As agents who are out in the field daily, we see firsthand how Manhattan’s real estate market is seasonally shifting. While the data continues to evolve, here’s what we’re seeing right now: supply is steadily rising, buyer interest is growing, and mortgage rates are...
NYC Homebuyers: What You Need to Know About Changes to the Home-Buying Process
Heads up, prospective homeowners - There have been some important changes effecting the home-buying process. As of last month, this new requirement, which follows a National Association of REALTORS® (NAR) lawsuit settlement earlier in the year, aims to improve...
The Impact of Floor Location on Pricing in New York City
When it comes to determining the value of a home in New York City, numerous factors come into play. The expected variables such as location, size, and overall condition certainly matter, but in the unique context of this city, there's an often-overlooked aspect that...
Valuing Outdoor Space in New York City
When it comes to New York City real estate, outdoor space isn't just a luxury – it's a valuable asset. But how do you determine its true value? The value of outdoor space varies based on its size, type, and layout. Let's delve into this topic. Distinguishing...
How to Think About Monthlies
Buying an apartment in New York City is a unique experience, with monthly fees being a crucial consideration that is unlike buying homes in other regions. These additional costs can significantly impact your overall budget and mortgage eligibility, making it essential...
2nd Quarter Recap and Summer Outlook
As summer hits its peak, we now have the latest real estate data for Manhattan’s second quarter. It’s a great time to take a step back, reflect on where we are, and understand the current leverage dynamics at play. Here’s an update on how the market is trending and...
Be Prepared! What to Do in an Emergency.
Summertime. Anytime. Nothing better than being beach-bound with nothing on your mind but fun and relaxation. Then the unexpected shows up. You never know what might happen – a blackout, an earthquake, a flood! Wherever you are in the world, things happen. It’s ok!...
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