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...
3Q22 Is a Wrap! What’s Next?

3Q22 Is a Wrap! What’s Next?

We are officially in the fall market. Let’s review three important points: (1) what did Q3 tell us; (2) where are we now; and (3) how do rates play into this?   POINT ONE - Third Quarter Market Report - What is Notable?   Median and Average prices rose...

Early Fall Market: What to Expect in Manhattan and Brooklyn

Early Fall Market: What to Expect in Manhattan and Brooklyn

Happy almost fall! Before we get into it, it’s important to note that September is the lowest deal-volume month of the calendar year so there is nothing grand to report in terms of unexpected changes. The macro shift, in our opinion, has occurred and what we are...

How much does height matter in pricing a home?

How much does height matter in pricing a home?

There are so many things that go into the value of a home in New York City, with the most obvious being location, size and condition of the home. But, New York City is unique in that floor height can also change the listing price of a home, even within the same...

Saying Goodbye to the Summer Market

Saying Goodbye to the Summer Market

The summer market is nearing its end and all eyes are turning to the fall markets.   There are a lot of opinions out there around what the 2nd half of the year will deliver us, but it’s safe to say that the recent numbers posted on rates and inflation leaned into...

The Manhattan Real Estate Market Report: 2Q2022

The Manhattan Real Estate Market Report: 2Q2022

Hard to believe we are in the second half of 2022. We are back to a seasonal pattern of activity. The summer market is here as indicators point to decreased new-deals-to-market supply and lower contract volume.    We believe quite strongly that there are deals to...

What Will Our New Normal Look Like?

What Will Our New Normal Look Like?

If you follow the New York City real estate market, it is clear to see the shift that is most certainly upon us. With six months of 2022 behind us, the question becomes, what’s ahead of us.   In order to answer this question, it is important to understand that...

Should I List or Should I Wait?

Should I List or Should I Wait?

As the Manhattan real estate market continues to shift back to pre-pandemic seasonality, we’re starting to see some interesting trends that could be good for both buyers and sellers.   First, let’s look at the overall U.S....

Is the Window for Buyers Opening?

Is the Window for Buyers Opening?

Memorial Day weekend usually signals the peak of the spring market. As we head into the summer months, we are seeing some signs of the hectic pace of the market through last year slowing. However, this doesn’t signal a major crash or downturn. What we’re seeing is...

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