Spring Market Reality Check: Stable… But Far From Easy

If this spring market feels harder to read, it’s because it is. On paper, everything looks steady - inventory is building, contracts are getting signed, and demand hasn’t fallen off. But in practice, the market has shifted into something more nuanced: stable, yes—but...

Manhattan Market Update: Spring’s Tight Inventory and Q1 Check-In

We’re in the heart of the spring season now, and the market is doing what it typically does this time of year: supply is trying to build, demand is trying to build, but the real story is still in the year-over-year comparisons. This week’s numbers reinforce the theme...

Spring Market Check: Opportunity Emerging, But Momentum Still Building

March is typically when the New York City real estate market finds its stride. This year, it’s more of a slow push forward than a full sprint. We’re seeing signs of life—more listings, a rebound in deal activity—but the market is still operating just below its usual...

Co-op Maintenance: Why the Monthly Number Isn’t Always What You Expect

If you’ve ever looked at Manhattan co-op listings and wondered why one apartment’s maintenance is $2,000 a month while another seemingly comparable unit is $4,000 or more, you’re not alone. This is one of those parts of NYC real estate that can catch buyers off guard...
2nd Quarter Recap and Summer Outlook

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.

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!...

The Importance of Buyer’s Representation

The Importance of Buyer’s Representation

Recently, there has been growing controversy in the real estate market surrounding the value that buyer's agents bring to transactions. This debate primarily revolves around concerns regarding transparency, conflicts of interest, and the structure of compensation....

Trends Setting Premiums in Today’s NYC Market

Trends Setting Premiums in Today’s NYC Market

Understanding the dynamics of property renovations and the potential value they can bring is crucial for both buyers and sellers alike in today’s real estate market. Renovated properties continue to command a premium, influencing sale prices and market trends....

Real Estate Market Update: May Trends and Insights

Real Estate Market Update: May Trends and Insights

As we navigate through the current dynamics, the New York real estate market is experiencing a nuanced dance of activity, marked by both promising signs and lingering uncertainties. In the past month, there has been a modest uptick in real estate activity, including...

Navigating the 2024 Spring Real Estate Market: A Mixed Picture

Navigating the 2024 Spring Real Estate Market: A Mixed Picture

A little bit up and a little bit down. While supply continues to tick slightly higher week over week, demand (contracts signed) is underperforming. This discrepancy between supply and demand paints a nuanced picture of the 2024 spring season, presenting challenges and...

Unlocking Renovation Potential In Co-ops and Condos

Unlocking Renovation Potential In Co-ops and Condos

Recently we’ve been discussing the premium many buyers have been putting on move-in ready, renovated properties.  With that in mind, you might be thinking - what about those other apartments that require a little more effort?   It might be something to consider. We’ve...

1st Quarter 2024 Manhattan Real Estate Update: Signs of Recovery

1st Quarter 2024 Manhattan Real Estate Update: Signs of Recovery

As we step into the second quarter of 2024, let's take a closer look at the trends shaping the Manhattan real estate landscape.  Our most recent 1st Quarter 2024 market report shares insights into the recent performance of our current market.   Pricing Trends...

Spring Has Sprung!

Spring Has Sprung!

It is hard to believe that we are two weeks away from the end of the 1st quarter. Spring is here after a relatively mild winter, so we have nothing to complain about! Can we complain about the residential real estate market? Yes and no. For sure it has been slower...

Seasonal Swings and Shifting Leverage in the NYC Real Estate Market

Seasonal Swings and Shifting Leverage in the NYC Real Estate Market

The NYC real estate market is on the move again as seasonal liquidity returns, indicating the onset of the active spring season. With this shift, both buyers and sellers are poised to experience changing dynamics. Let’s delve deeper into what these developments mean...

LET US GET YOU STARTED ON BUYING YOUR HOME.

CONTACT THE WILKINSON LeFEVRE TEAM TODAY

Signup for our newsletter