Manhattan Market Report for the week ending March 24th, 2023, Supply closed out at 6,465 and trended upward. Pending Sales at 2,475 and off-market listings (delisting) maintain the market pulse at a .38% level. The market’s liquidity is trending upward. The Report Additionally, “With affluent individuals from overseas stepping back into the game to Continue Reading
A Seller's Market, what does that mean? Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. And why are conditions today so good if you want to list your house? It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association Continue Reading
Selling your home this year? Spring has arrived, which means more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips: 1. Make Sure You Give Buyers Continue Reading
Throughout Women’s History Month, we reflect on their impact on our lives, including the impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, making up 17% of all households. Why Is Homeownership So Important? The rise in women pursuing homeownership impacts the housing market. It’s an asset for buyers and their households. Continue Reading
Time to list your home. If you’re considering selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers on the fence waiting Continue Reading
Inherited coops are different than real property—a coop owns shares in a corporation. Suppose you inherited a co-op apartment and would like to sell it. Do you have the proper authority to do so? If the shares and proprietary lease for the co-op are in the deceased’s name, you cannot individually convey the apartment. Inherited coops shares and leases can only be sold by the estate's Continue Reading
Access to your home is an essential component of marketing your home. Once you’ve decided to sell your home and have hired a real estate agent for guidance, your real estate advisor will ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the Continue Reading
Manhattan Market Report for the week ending March 17th, 2023, Supply closed out at 6,465 and trended upward. Pending Sales at 2,475 and off-market listings (delisting) maintain the market pulse at a .38% level. The market's liquidity is trending upward. All-Cash Dominating NYC “The top 40 percent of earners are sitting on more than a trillion dollars in extra Continue Reading
If you’re considering buying a home, you want to know if the decision will be a sound one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. However, as the year goes on, some markets may increase in value, and others may lose their Continue Reading
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