So far this year, about 9.5% of Manhattan listings have asked prices that are below what their owners paid for them.
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The value of a Buyer's Agent appears to be under attack right now. As brokers who work with both sellers and buyers, we know the value a professional buyer's agent brings to the table.
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The New York City Marathon takes place this Sunday, Nov. 5.
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The 50th Annual Greenwich Village Halloween Parade kicks off Tuesday, Oct. 31 at 7:00 PM. Here’s more info.
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Wegmans Astor Place supermarket in Greenwich Village opened this morning at 9 AM, and it's even bigger and better than we expected. The combination of product, price, service, and experience is a winner.
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Last week Manhattan beat Brooklyn in terms of an increase in signed contracts and closed sales.
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Home buyers and sellers in New York City can potentially save tens of thousands of dollars by using a Purchase CEMA. Essentially, the buyer of a home is "taking over" the seller's remaining mortgage and consolidating it with theirs.
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More buyers are out looking at homes, and as we predicted it's finally showing up in the data.
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You and your partner are ready to move in together. It's time to have an open, honest discussion - about money. Here are the four specific topics to cover.
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We've gone from a sellers' market to a buyers' market over the last several months. If you've been waiting for that buyers' market to hit bottom, we're already there.
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Mortgage rates fell sharply after government reports that inflation cooled last month. Yesterday we saw jumbo 30-year fixed rates (loans over $647K, most loans in NYC) of 5.5%.
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This was the cover story of Sunday's New York Times Real Estate Section. You'd expect the New York Times to be focusing on the New York City market, right? Not so. This article discussed national trends. So how are things in New York?
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We keep our ears to the ground to provide you with real-time information you’re not going to see in the media. Just as we expected, there’s been a big influx of listings on the market since Labor Day.
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While it's infinitely worth it, the process of buying a co-op apartment can be a pain in the a**. A major hurdle is the co-op's financial requirements. We recently helped some clients purchase a co-op for their child, who was new to the city and didn't have the resources to do it on their own . Here's the workaround we employed.
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Last week a colleague was involved in a five-way bidding war for a $2.5M Park Slope co-op. He was very surprised since this is one of the slowest times of the year. Here’s what he did, and our three takeaways.
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Real estate market reports provide valuable data and insight, but here are a few things to remember when you read them.
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There's real opportunity for investors in New York City today. The median monthly rent for an apartment is $4,000, the highest it's ever been, and there isn't enough supply to meet demand. It could be time to buy an investment property.
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There just aren't enough homes on the market to meet buyer demand.
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Here are our thoughts.
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The do's and don'ts of getting through a co-op interview.
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