As New York City enters into the first phases of reopening, we are optimistic about where the real estate market stands. The very first number to look at in the recovery is active listings brought to market. This number is hefty which is a good thing. For example, the...

We are living outside our comfort zones.  As we all navigate through these trying times, let’s stay positive and know that we will get through this….together. These powerful words have brought us comfort so we share them with you. There are two days in every week...

Every year the U.S. recognizes March as Women’s History Month. The theme of Women’s History Month 2020 is “Valiant Women of the Vote,” honoring those who fought for suffrage rights for women. A fitting theme in this election year where we saw a record number of female...

The Plastic Bag Ban Begins March 1 Beginning March 1st, retailers statewide are prohibited from handing out single-use plastic bags, in accordance with the legislature's ban on the bags last year. New York is now among eight states that have banned plastic bags. In...

Following up on our last Blog - What to Expect In 2020 - the real estate market is showing signs of stability in the resale market. What is a Market Pulse? The market pulse is the ratio of pending sales (in contract) to supply (active sales) ratio. The Current Market...

A new year and a new decade! And some good news as we kick off 2020, the real estate market is showing signs of stability.  The 2019 market was not easy for anyone as consumers were feeling the effects of tax policy changes in various areas.  Read more about that in...

2019 was a great year! To everyone we had the pleasure of working with, thank you! Whether you became a buyer, seller, needed market updates or simply had a question, we've loved working with each of our clients throughout this last year. Wilkinson LeFevre Team...

The first Sunday in November finds New York City at its best as the five boroughs cheer on the 50,000 runners of the TCS New York City Marathon.  There’s no question that this massive spectacle is one of the most exhilarating events of NYC’s fall season. To those of...

Tax Policy Changes and Consumer Uncertainty Continue to Drive a Soft Market The Third Quarter of 2019 ends on 9/30.  Following up on our September Market Update Blog, the residential real estate market continues to react as consumer uncertainty is driven by tax policy...

The New York City Real Estate Market Remains in Favor of Buyers Post Labor Day, we are entering the second active market season of the calendar year. The Manhattan residential real estate market continues to be sluggish and a buyers-market. The supply of units is up...