by | Jan 31, 2022 | blog
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...
by | Jan 18, 2022 | blog
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...
by | Dec 9, 2021 | blog
Ho, Ho, Holy Moly What a Year! As 2021 comes to a close, the universe threw one more big variable into the mix in the name of Omicron. Fortunately, early indications are that the Covid-19 variant presents mild symptoms and while it is expected to spread quickly, may...
by | Oct 29, 2021 | blog
As reported in our mid-October blog, the third quarter was record breaking. Some interesting things are happening. First, the percentage of foreign buyers has dropped significantly from 28% of new development buyers pre-pandemic to 11% as of 3rd quarter 2021. So what...
by | Oct 13, 2021 | blog
As we’ve been reporting over the last few months, Manhattan’s real estate market has caught fire like never before. The third quarter was also a record summer for sales over $5M – with a luxury market driven by buyers seeking more space and better value. This velocity...
by | Sep 28, 2021 | blog
China has been on everyone’s radar recently with the headlines about the struggles of its heavily-indebted property firm Evergrande, which is laboring under $300 billion of debt and seemingly no way to stay current on debt service payments. Whether or not China deems...
