2021 NYC Real Estate Market Predictions Here are my predictions for what’s likely to happen in the NYC real estate market in 2021. Tremendous Buying Opportunity – Especially for New Development/High End Properties The luxury segment of the market ($3 million+ in Manhattan and $2 million+ in Brooklyn) will continue to have lots of opportunities.…
NYC Real Estate Market Insights – November 2020 (Sales) It’s time to take a look at how the Manhattan and Brooklyn sales markets fared in November 2020. We’re focusing on contracts signed and inventory added in order to try to get a “real time” look at the market because closed sales are lagging indicators –…
Is There a “COVID Discount” for Homes In NYC? COVID Discount This is a term that you might’ve heard floating around a LOT lately. But the question is – does it actually exist? Well…kinda, sorta, yes, it depends 🙂 Let me explain… Asking prices in a number of segments are down year over year. But…
Top NYC Real Estate Stories – November 2020 Here’s a round up of stories from around the web about the latest developments in the market. How a Covid-19 Vaccine Could Impact NYC’s Real Estate Market (Brick Underground) Covid Pushes Real Estate Into the Future (NY Times) New Hints That Pandemic Exodus From Manhattan May Be…
What NYC First Time Buyers Need to Know About Accepted Offers Lots of first time buyers in New York City (understandably) get cold feet when it comes time to make their first offer. Watch the video below about why there’s no need for it to be so scary! And if you’re looking for more first…