“In Manhattan, units priced below $1 million are piling up, according to a study by StreetEasy. Inventory climbed 27 percent in June from a year earlier — to the highest level for the month since 2013, the website found. It’s essentially a buyers’ market across the board, and the total number of available homes...
I’ve experienced a lot of transitions in the last few years, the most recent of which has been a move to a neighborhood I never envisioned living in: Murray Hill. In my mind, it was the spot that recent frat boy graduates settled in for reasonable rents with roommates and to hit up Joshua...
The 1Q18 Manhattan Corcoran Report is out! Key findings of the First Quarter report: It was a mixed quarter: The Manhattan market saw reduced sales, inventory on the rise and price statistics settling down. Meanwhile, days on market dropped slightly, indicating that appropriately priced properties are still finding buyers, while mispriced properties linger. Buyer...
Q4 At a Glance. There has been a lot of buzz about tax reform and specifically how it will effect the NYC real estate market. While it is difficult to forecast now where it will drive pricing, the caps on both mortgage and state + local tax deductions will certainly play a role in...