Sellers

It is considered common wisdom that the summer presents both sellers and buyers with the annual seasonal slowdown, both in the number of listings coming to market and in the number of contracts signed.  This is said to be the case due to the mass exodus of residents leaving the city for their Hamptons homes [...]

Every so often, several deals occur over a short period of time that raise our eyebrows in terms of new, developing market trends.  While we can’t call it an outright exodus, we have encountered one too many of these situations to not mention them:  owners selling their coops and strongly opting for condos in their [...]

We’ve talked a good bit about the relative lack of inventory on the NYC landscape and the buyer frustration felt at having so little from which to choose.  Alas, this frustration seems to be manifesting itself into a new trend:  if buyers can’t find what they’re looking for, they’ll create it!  We’re seeing a significant [...]

It’s time to play the quarterly round-up game, when contestants vie for your attention by comparing much-awaited quarterly sales numbers with those of last quarter and last year.  We have picked what we feel are the highlights of each for your reading pleasure. Our first contestant is Prudential Douglas Elliman. It prefers the smell of [...]