Market Watch | This Braswellian Life

Browsing All Posts filed under »Market Watch«

Find Fall Flavored Foliage in NYC Forests – 30 Treed Areas to Explore

November 10, 2010

As Fall gives way to Winter, so do the last vestiges of life and warmth. The sun disappears earlier and earlier, skirts and t-shirts become pants and pea coats. Smiles turn upside down and the morning wind outside your window bellows in an icy shriek – “staaaay hooooOOoooome…”. In the final week or two of this transition, […]

How Does the GOP Shift in the House Affect Housing?

November 3, 2010

With nearly all votes tallied for the 2010 election, it appears as though the House will be held in the majority by republicans. This shift in governance brings ideological changes to how our government will approach a variety of issues. With Real Estate being such an important aspect of wealth in America, undoubtedly new policies will […]

East Village and LES Rental Round-Up – November 2010

November 2, 2010

originally posted on NearSay by Contributor Grant Braswell With the ensuing holiday season comes a lull in rental activity. The downtown students matriculating to Parsons, NYU, Cooper Union and FIT among others have (hopefully) locked in their apartment to focus on their scholarly pursuits at Bar None and Pommes Frites. For everyone else, the prospect […]

Moving on Up! Harlem Continues to Attract Investment, Conflicted Feelings

November 1, 2010

Clients and people we meet off the street are constantly asking where to find the next Alphabet City, the next Williamsburg (that hopefully wont stagnate). Those who are thinking more longterm want to find the next good investment, and who could blame them. Our own team has good personal experience with this type of foresight as […]

John Paulson – Buy a Home (I have faith in you… this time)

October 26, 2010

John Paulson, the man who made billions of dollars of the recent financial meltdown, is now encouraging a practice he once shorted for immense personal gain ($3.7B salary in 2007). While many dispute the integrity of someone keeping mum while anticipating a tsunamic meltdown, he is undeniably smart and in tune with the mortgage market, one […]

Harvard Review the State of the Nation’s Housing

October 19, 2010

Recently the Joint center for Housing Studies of Harvard University released their State of the Nation’s Housing 2010. It is mind-numbingly thorough – diving into many subfields of housing (new development, resale, reconditioning, foreclosures, etc) and provides a basis for the rational breaking down the data into a myriad of variables (first time buyers, immigrant buyers, joblessness […]

US Vacancy Rates drop 0.6% to 7.2%

October 6, 2010

A few days ago we wrote about the more confident landlord mindset heading into the fall of 2010. However, due to a small increase in vacancy in the city from the lows of July/August, there was a question of if it would last. Well, an article just released by Reuters discusses how the national vacancy rate […]

3rd Quarter Real Estate Market Report from Corcoran

October 4, 2010

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

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

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 […]