Real estate buyers and investors always ask this question: is this a good time to buy?
Read MoreAs an investor, you ask: should I put my money in real estate or the stock market?
Read MoreCitizen360—a modern take on quintessential Upper East Side living. At the forefront of innovative design, Citizen360 offers 82 naturally elegant residences with dynamic views of the East River and Midtown Manhattan.
Read MoreOne West End was also one of the last few new development projects to receive a tax abatement.
Read MoreA large number of listings went into contract in March – a welcomed break from the few sluggish months prior.
Read MoreThe good economy kept up the fight with the evil army of rising rates + tax laws, with no clear sign of a winner.
Read MoreGreenpoint borders Williamsburg and is in the same rezoning plan as Williamsburg back in 2005. Because of the G train, Greenpoint really lags its more famous neighbor. But development there has finally caught on.
Read MoreWhile the stock markets around the world roared to their best January returns since the early 2000’s, the NYC real estate market was subdued in comparison.
Read MoreWith the Hudson Yards development being the
largest planned development in the US in recent times, the project enjoys a warm reception
amongst buyers, especially international investors.
What will the market look like in 2018? The economy is strong as ever, which strengthens the buyer base who is buying to live in NYC. The negative effects of the tax bill, along with higher interest rates, will likely deter some of the buyers on the margin. Who will win this tug of war?
Read MoreAside from being an aesthetic masterpiece, its location just south of the Hudson Yards holds
much appreciation potential.
After a soft October, the NYC real estate market did not show further weakening this month, both in terms of prices and marketing time.
Read MoreHow should I buy or sell in this soft Market?
Read MoreAfter the market finally awoke from the long summer lull, prices for listings that went into contract and closed in September snapped back. Median Sales Price (MSP) for both in contract and closed listings clocked in at 1.2mm, about the same as before summer, but lower than the average MSP of 2016.
Read MoreStaying true to the seasonality of the month, the NYC real estate market experienced a downshift in both prices and level of activities.
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