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...
Is the Spring Market Peaking?
We’re just about reaching the peak of the spring market, which is one of the busiest seasons in Manhattan real estate. As we continue to navigate the post-Covid lockdown market, we’re still seeing a surge in demand from buyers. As mortgage interest rates continue to...
What to Expect in New York City Real Estate
At the start of the year, the real estate market in New York City showed signs of returning to some normal seasonal trends. This is after two years of unprecedented fluctuations caused by the COVID-19 pandemic. The market remains on a steady course, and while we are...
The Manhattan Real Estate Market Report: Q1
The Manhattan real estate market has been on quite a ride for the last two years. The COVID-19 pandemic and subsequent recovery have made for some interesting marketing dynamics since 2020. However, what we’re seeing now are signs that we may be getting back to more...
Spring is in the air! How is the market responding?
The weather may still feel like winter, but we are finally in the midst of the spring market! Historically, March and April are the two biggest listings months, outside of September. So, how is the spring market shaping up in 2022? Well, the short answer is, it...
Interest Rates on the Upswing
As predicted, interest rates are now increasing. Interest rates retreated from 2022 peaks but ticked up last week as the Ukraine invasion by Russia escalates and grows more uncertain. However, there were other big developments here at home that erased a good portion...
Will the state of the world effect the New York City real estate market?
The New York City real estate market continues to wait for the surge of new listings in both Manhattan and Brooklyn as expected for the spring market. However, with the recent events in the Ukraine, some are left wondering how the global impact might start to effect...
The Brooklyn Report
Let’s start with this: Brooklyn is not only a super-hot market, but it is now producing inventory of a quality and price point that rivals all but the very top of the high end in Manhattan. Consider this listing: At $4,300 per square foot, it is still a far cry from...
Get ready for the spring market! It’s going to be busy.
Spring market outlook Inventory is on the rise and current market data is pointing to an active market. With interest rates rising, now is the time to transact! The spring market looks to be starting early this year. The inventory of homes available for sale bottomed...
New York City Real Estate: Fourth Quarter 2021 Market Report
Q4 2021 Market Overview and Outlook for 2022 2021 was marked by a frenzied pace of deal volume. The market had not seen this level of volume since 2013. Notwithstanding the volume of sales, prices have just recovered to pre-pandemic levels. Time on market declined in...
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