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Third Quarter market activity diminished as buyers took a “wait-and-see” attitude: Manhattan market-wide closed sales and signed contracts declined compared to a year ago as buyers remained cautious with lingering concerns over tax implications and the belief that prices would continue to decrease. Market-wide closed sales decreased 10% and contracts signed decreased 12%...
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I am always intrigued and impressed by real estate agents with unique marketing platforms. With so much transparency in the market now and with so many agents and brokers competing for business in NYC, adding true value and distinguishing yourself from the rest of the pack is paramount. Soho Strut I also hugely support...
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Manhattan’s Q2 saw some decline compared to last year’s however, multiple increases were seen quarter over quarter. Key findings: Manhattan market activity cooled in Second Quarter 2018, noting fewer closed sales, more inventory, and steadying prices. At the moment, prospective buyers have a lot to consider, including renewed financial market volatility, the still-fresh implications...
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According to Streeteasy, there are currently about 8,000 available properties in Manhattan. There hasn’t been this much inventory on the market since 2010, when the market was rebounding from the 2008 crash. Why is there such a surplus in inventory? And why is this a fantastic time to buy? Here is the Meier Team’s...
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