“July’s closings were so low, you could hear crickets chirping. Concerned that our numbers could be incorrect, we used three reliable sources to confirm the closing figures; Urban Digs, Corcoran’s in house database and Streeteasy. The numbers are not just low, they are record breaking! Taking a deeper look at what this means, July...
Manhattan’s 2nd Quarter was one of reassuring news as Manhattan sales increased year-over-year for the first time in two years. Manhattan’s challenging real estate market welcomed reassuring news in Second Quarter 2019. Market wide sales increased year over-year for the first time in two years, up 5% annually to over 3,300 sales totaling $7...
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...