by Janet Wilkinson and Susan LeFevre | May 1, 2023 | blog
Rents are high. Mortgage rates are high. Housing participants in New York City are stuck between paying up for leases and having less affordability on purchasing. This is a peculiar time. On a positive note, (and we do look for the positives!) both Manhattan...
by Janet Wilkinson and Susan LeFevre | Apr 17, 2023 | blog
The Manhattan real estate market settled into its new normal during the first quarter, with slower activity transitioning to a seasonally active marketplace as the busy spring season started. This quarter’s headline is the 8.3% year-over-year decline in the...
by Janet Wilkinson and Susan LeFevre | Mar 31, 2023 | blog
With all the macro events going on around us, the New York City real estate market appears to be on an uptrend in both overall Manhattan supply and demand. We will take it! Surprisingly so, the market is doing what we would expect it to be doing during this time in...
by Janet Wilkinson and Susan LeFevre | Mar 17, 2023 | blog
It is hard to believe we are nearing the end of the 1st Quarter. In addition to the interest rate environment, inflation, FED decisions, inventory – we added to the pile this past weekend with the failure of SVB and Signature Bank. In a word – STOP! How much more can...
by Janet Wilkinson and Susan LeFevre | Feb 28, 2023 | blog
We have waited long enough! It’s true – the New York City real estate market is showing signs of awakening! With the spring market at the starting gate – things are beginning to percolate. Buyers – we’ve been telling you for weeks that the negotiating advantage is...
by Janet Wilkinson and Susan LeFevre | Feb 14, 2023 | blog
As we begin the active season, the cumulative number of listings hitting the Manhattan residential real estate market appears to be back in-line with previous years. Please do not misinterpret this as “recovery.” It is not. With demand way down from where we were this...
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