Category Archives: Market Insight

Kid City

The Walk-Through has word of families with children fleeing cities. Anecdotally, I have been noticing the opposite. In many New York neighborhoods, you can’t walk a block without seeing a stroller. That just wasn’t true 15 years ago. Contrary to … Continue reading

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Generation Y Thinking Investment First

People have been saying for years that “a home is a good investment,” and it looks like young people are getting the message loud and clear. Business Week‘s Peter Coy shares some new research: Yale economist Robert Shiller, author of … Continue reading

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The Numbers Say It’s Becoming Condo City

Jonathan Miller really knows his stuff. Look at his most recent research and you’ll see that by some important measures, condominiums have moved to the forefront in the New York City market which has long been dominated by co-ops. And … Continue reading

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Anonymous Agents and Brokers Tell It Like It Is

Interesting summary of anonymous real estate bloggers’ thoughts on the market. In short: it’s not pretty. (via the RealDeal)

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A New Equilibrium?

Martin Wolf of the Financial Times has put together some hard-hitting analysis of real estate markets, without falling into the common trap of making predictions. It concludes this way: Either prices have moved to a higher equilibrium level, in which … Continue reading

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What’s the Story with 7 and 8% Commissions?

With properties spending more time on the market, many brokers have convinced sellers to increase commissions to as much as 9%. Rather than lower the asking price, they are hoping to increase the number of showings by the brokerage industry … Continue reading

Posted in Dirty Real Estate Tricks, Market Insight | 2 Comments

A Milestone: The Treasury Rate is Above 5%

The yield on the government’s benchmark note surpassed 5 percent yesterday for the first time in four years. Vikas Bajaj wrote the story that’s on the cover of The New York Times: “Where you are going to feel the pain … Continue reading

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Running the Numbers on Investment Properties

Jonathan Clements of the Wall Street Journal writes about trouble for landlords: Got caught up in the real-estate fever? Let’s start with the painfully obvious: If you have no choice but to sell, then you ought to sell — and … Continue reading

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The NAR’s Sunny Outlook

The latest housing forecast from the National Association of Realtors. Home sales should generally level-out and remain at historically high levels, according to the National Association of RealtorsÆ. David Lereah, NAR’s chief economist, said mortgage interest rates are trending up … Continue reading

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Government Restrictions on New-Breed Mortgages?

Kirsten Downey of the Washington Post recently spilled the beans that the government might like to curb some of today’s more creative mortgages: Speaking to the New York Bankers Association, John M. Reich, director of the Office of Thrift Supervision, … Continue reading

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