1st Half Results and 2nd Half Forecast for 2023

1st Half Results and 2nd Half Forecast for 2023

Here we go folks.  Half the year is behind us.  Let’s get ready for the rest of 2023. Where to begin?  With a slow start to the year, buying did pick up in the 2nd quarter but overall, the market remains sluggish compared to 2022. In Manhattan, the total number of...
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!  Where ever you are in the world, things happen. It’s ok!...
WE HAVE AN IDEA!

WE HAVE AN IDEA!

Let’s enjoy summer! We deserve it! The real estate market has officially turned boring as we enter the dog days of summer! With the most recent mind-blowing smoke from Canadian wildfires blanketing the New York City skyline, we all need to catch our breath and chill...
Monster Month of May

Monster Month of May

After a weak April, the month of May came in like a lamb and went out like a lion! Last week for example, the number of contracts signed was up 29% from the prior week. To put this number in perspective, we like to see around 250 deals signed per week to judge...
Into Summer We Go!

Into Summer We Go!

Memorial Day Weekend is two weeks away. Crazy. The New York City real estate market continues to be a head-scratcher. Where are we going? We think we could be in for an unusually busy summer. Here’s why: March deal flow in sales was on fire. April deal flow in sales...
Conundrum!

Conundrum!

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...

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