Browsing All Posts filed under »Market Reports«

3rd Quarter Real Estate Market Report from Corcoran

October 4, 2010

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Below is the official Corcoran summary of Activity in the 3rd quarter of this year, 2010.  While we could provide are more colorful (and statistically irrelevant) account of the 3rd quarter, perhaps it is best we leave it to Pam Liebman and her statisticians.  A summary of the summary shows that, while transactions were down […]

3rd Quarter Round-Up on CNN – Over the Top

October 1, 2010

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We are all for seeding optimism in the community, and of course the community closest to our hearts is in the Real Estate market.  And yes, the market is holding steady at the moment, not giving into fear of a double dip as many propose.  However, some people may be going too far the other […]

Landlords Feel More in Control – But for How Long?

September 30, 2010

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Another article from the New York Times has come out championing the Landlord’s upper hand in what might be ‘a sign’ of a recovering economy.  Concessions for new renters – items like free rent or paid-for broker’s fees – are trimming down as inventory has shrunk from over 2% a year ago.  When times are rough […]

Corcoran’s August Market Update

September 13, 2010

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Corcoran’s August Market Update

2nd Quarter REBNY Broker Survey Round Up

August 4, 2010

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REBNY, AKA the Real Estate Board of New York, just released its 2nd quarter survey findings from talking to REBNY agents.  A positive outlook for the most part, but often we’re an optimistic bunch. REBNY RESIDENTIAL BROKER’S SURVEY PROVIDES INSIGHT INTO NYC HOUSING MARKET   Data Indicates that Residential Rental Market Is on the Fastest Track […]

Condos Leading the Charge in NYC, 6 out of 8 areas increase

August 4, 2010

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A report just came out from Radar Logic (covered in WSJ) regarding current trends in Condo sales.  It appears that these have been relatively strong year over year, both with a slight increase in cost per square foot, but more significantly with a near doubling of actual sales. The biggest gain comes from the financial district.  […]

Rentals Continue to Strengthen in NYC

July 9, 2010

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A recent Bloomberg article just came out with more data ont the current state of Rentals in NYC.  As we have seen first hand on the ground, inventory is shrinking even further (down 32% y-o-y I think).  The average rental is $3000, around $1,800 for a studio.  As of last month, vacancies in the West […]

2nd Quarter Corcoran Market Report

July 6, 2010

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The 2nd Quarter Corcoran Market Report has come out.  This is a fairly indepth breakdown of sales trends across Manhattan and covers all apartment types and townhomes. Of note, average sale prices are around $810,000 and average price per square foot is $1,040.  Please click the image for the full report!

Market Update: Year-Over-Year is UP on Average

June 29, 2010

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While not prone to shilling US Housing Market statistics as law due to the location based nature of Real Estate, this MarketWatch article was able to add some cheer by saying on AVERAGE prices were up 0.8% in the last year, but then goes on to point out individual city changes. Biggest uptick in housing […]

Manhattan Rental Vacancy Drops Below 1%

June 10, 2010

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Citi Habitats, our sister company and largest rental firm in Manhattan has just released a report that shows that as of May, there are now fewer than 1 in every 100 apartments available to rent.  In the West Village,  a hot spot for rentals and sales alike, there is only 0.33% availability, or 1 in […]

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