Category Archives: Market Insight

Thursday Link-o-Rama

Everyone’s all aflutter with their thoughts about Zillow and the FTC. A lot of people seem to agree with the essence of what Doug argued several days ago. On the Matrix there’s talk that Zestimates were never intended for professionals. … Continue reading

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Open Multiple Listing Service Wish: Sort of Granted

This is a database of REBNY member exclusives. Although it will provide a more efficient means for the public to browse listings, it still doesn’t solve the lack of "complete" cooperation needed by the ENTIRE brokerage community to make all … Continue reading

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The NCRC Has the Wrong Target

The president of Zillow, Lloyd Frink, has blogged a little about the recent complaint filed by the National Community Reinvestment Coalition (NCRC): We try really hard to be approachable and open about what we’re doing, and take all feedback seriously. … Continue reading

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Buying Like a Developer

Vivian S. Toy wrote an interesting article about developers living in their own buildings, which can change almost everything about the buildings: "When you start out, it’s not a conscious thing, but your tastes and preferences are going to come … Continue reading

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Selling During the Holidays

The Real Estate Journal wonders if it’s a mistake to try to sell your property during the holidays. My experience is that property in Manhattan sells all 12 months of the year. The past eight years, there has been little … Continue reading

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Believe it Or Not: Sparse High-End Inventory

The Real Deal’s Lauren Elkies reports that, despite rising inventory and falling prices in many parts of the U.S. real estate market, anecdotally at least, the high-end in Manhattan has low inventory and high prices. At the ultra-high end, most … Continue reading

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Its Video Day!

Fun Manhattan real estate stuff from YouTube. For instance: There’s no denying that new condominiums and chain coffee shops are making their presence felt in Manhattan. Plenty of people wish it weren’t so, and some of them banded together to … Continue reading

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Wednesday Link-o-Rama

Really good James Surowiecki article about median sales price: "There are plenty of statistics available about the housing market, but median home prices, which are tracked by both the National Association of Realtors and the Census Bureau, are what typically … Continue reading

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Hiring a Resident Broker to Sell Your Apartment

I’m often asked by clients whether or not they should consider hiring an agent that is also resident of their building to represent them during the sale of their apartment. There is no cut and dry answer, obviously as it … Continue reading

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Living in Starchitecture

New York magazine’s S.Jhoanna Robledo breaks down who it is buying all those new Manhattan condominiums. (Crude synopsis: it’s single people who work in accounting and finance.) It’s a changing market, that’s for sure. For instance: New York is—unlike, say, Miami … Continue reading

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