It's been a challenging year in the Manhattan real estate market, but the tide may be turning.
Read More
August turned out to be a surprisingly strong month for Manhattan real estate, with 831 contracts signed. That's higher than previous two years.
Read More
While recent economic news may have been a bit unsettling, it's caused mortgage rates to drop.
Read More
One of our managers recently described the current market as "like trudging through mud." It's an apt metaphor. We keep moving forward, but it's slower, takes effort, and is maybe a little messy. Still, we'll eventually arrive at our destination.
Read More
After a rough 2023, the Manhattan real estate market saw some real recovery in Jan., Feb., and Mar. Then April arrived, and things started to slow down again.
Read More
There are over 7,100 properties up for grabs in Manhattan, but the flow of new listings appears to be slowing. I
Read More
The word we'd use to describe the current state of the Manhattan real estate market is neutral.
Read More
We're pleased to present Compass' Q1 2024 Manhattan Market Report, a look at sales activity from the first three months of the year.
Read More
As we begin 2024, New York City real estate has been in a "buyers' market" for the past 18 months. Homes are selling at a slower pace and lower prices compared to the exuberance of the initial post-lockdown period a couple of years ago.
Read More
Some sales mean even more to us than others. Yesterday was the closing of our listing at 2 5th Ave., apt. 14C. The seller lived there over fifty years and was moving into assisted living. Unfortunately, the apartment had been neglected for many years. We rallied our team and got to work.
Read More
Here is your opportunity to create a four bedroom, three bathroom (or a three bed with a massive living/dining room) corner unit with private outdoor space in a full-service, white glove co-op on Greenwich Village's Gold Coast.
Read More
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.
Read More
More buyers are out looking at homes, and as we predicted it's finally showing up in the data.
Read More
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.
Read More
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%.
Read More
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?
Read More
The Manhattan market has slowed. It's not due to a lack of supply. Where we are below trend is demand.
Read More
Manhattan is in buyers' market territory. We're noticing more price adjustments, and colleagues say fewer people are coming to see their listings. What does that mean?
Read More
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.
Read More
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.
Read More
