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New York City Realtor KAREN KOSTIW

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new development

A Market That Is Trying, Not Roaring

Manhattan’s spring window is open, but measured Manhattan’s spring market is starting to feel like itself again.  It is pacing higher, not racing, with more listings, steady contracts, and slightly deeper price cuts that sharpen rather than break pricing power. This Manhattan weekly real estate snapshot explains how 6,358 active listings, 525 new listings, 264 contracts, 141 off‑market Continue Reading

Manhattan’s Spring Market: Sought-After Legacy Properties in a Volatile Week

  Sought-after legacy properties in a volatile week Manhattan’s market is trading through the headlines. This week’s data show a city where volume, pricing, and sentiment are rising together. The Iran war keeps credit markets and mortgage rates jittery rather than settled. At the high end, capital is looking past the noise and choosing assets with history, architecture, and long-term Continue Reading

Weekly Market Snapshot: Snow, Scarcity and a New‑Development Power Play

  As March arrives and warmer weather melts the last of the snow, Manhattan's market starts to move out of its winter holding pattern. At the same time, buyers and sellers weigh a more complicated backdrop, from talk of higher city property taxes to questions about the job market and recent geopolitical tension with Iran that could influence confidence and timing.    New Continue Reading

Manhattan Market In Holding Pattern

  A Winter‑Bound Start To The Spring Market This Manhattan weekly market update examines a spring season trying to start amid six consecutive snowy weekends. Buyers talk about “starting the search next weekend.” That next weekend keeps slipping as open houses feel less practical and neighborhood tours turn into slush walks, not discovery walks. Sellers feel the same constraint and delay Continue Reading

Manhattan Market Report

Manhattan Market Report, September 23, 2022

Manhattan Market week ending September 23rd inventory as expected ticked up 7,243 and remains on trend from last year.  Pending Sales 3,017; demand is down 6%.  Pending Sales matching historical norms.  There is a reset in the market.  Fundamentally, the market is removing recovery level activity from the pending sale with post-shift level activities.  Most likely, Pending Continue Reading

Manhattan Market Report

Manhattan Market Report, September 20, 2022

After a tepid August with everyone hanging out at the beach or their garden September fall season brought supply to the Manhattan Market.  Finally, buyers have new inventory and aged inventory at new and improved prices to choose from.  Inflation, world economic uncertainty, stock market woes, and interest rates quickly rising has impacted Contract activity.  The market has Continue Reading

CEMA: A Strategy to Save Money at the Closing Table

CEMA: A Strategy to Save Money at the Closing Table

. Purchasing a new home can be an expensive venture.  And it involves quite a bit more than just the price of a property.  In order to close on a property, buyers always face a bevy of settlement costs. This includes everything from loan origination fees to appraisal charges to credit report costs. According to the Federal Reserve as a general rule of thumb, buyers spend 3% of their Continue Reading

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654 Madison Ave Fl 5
New York NY, 10065


Karen Kostiw
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