Manhattan Market Report for the week ending May 5, 2023, Supply closed out at 7,365, up 2%. Pending Sales increase and sits at 2,955; off-market listings (delisting) maintain the market pulse at a .41% level. At the spring topping point. The seller's liquidity is here, so take action. We are at the top of the peak selling season, so in another 45 days, the summer lull Continue Reading
Manhattan Market Report for the week ending April 28, 2023, Supply closed out at 7,273, up 2%. Pending Sales at 2,911 and off-market listings (delisting) maintain the market pulse at a .40% level. Buyers are in the market and interested in homes in good condition that are priced by the market. Those properties go into contract within 30 days. Those properties lingering for Continue Reading
Manhattan Market Report for the week ending January 20th, Supply closed out at 5,931 and trending up for the first time this year. Pending Sales at 2,251 and off-market listings (delisting) maintain the market pulse at a .38% level. Manhattan is holding on to price action due to the resilient rental market. Luxury Market Olshan Report for the week of the 16th through Continue Reading
Manhattan Market for the week ending September 30th supply of 7,398 remains in line with last year. Contacts Signed, 2,827 has broken the 3,000 thresholds we have not seen since January 2021. The fall season's lackluster enthusiasm is due to several factors: stock market jitters, rising rates, environmental and economic turbulence abroad and domestically, and holidays. We await Continue Reading
Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information to help you make an informed decision when setting up your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact your purchasing power by raising the cost of Continue Reading
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