So far this year, about 9.5% of Manhattan listings have asked prices that are below what their owners paid for them.
Read MoreOne 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 MoreThe word we'd use to describe the current state of the Manhattan real estate market is neutral.
Read More