Browsing All Posts filed under »Seasonality«

4th Quarter Real Estate Report from Corcoran

January 29, 2012

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Corcoran has just released the 4th Quarter 2011 Market Report. The Blumstein Team finished with strong production in a waffling market, and the news is equally mixed.  In short, average price per foot is down 2% in coops year over year, and condos are up 4% with a net of -1%.  Condo inventory is low, […]

November 2010 Rental Market Report for NYC, Intricacies Explained

December 9, 2010

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The new Citi Habitats ‘State of the Market’ report just came out and gives us some insight into how the rental market is looking. Topline: – Relative to October 2010, Vacancy rose .05%, meaning 1 more apartment per 2000 was on the market than in October.  Compared to a year ago however, vacancies are down […]

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

November 10, 2010

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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, […]

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 […]

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 […]

Is the Rental Market on Fire, or Just Warming Up in that Summer Sun?

May 23, 2010

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Crains New York just came out with an article on the state of Manhattan Rentals* and its dropping inventory.  Dropping you say?  FREEFALLING?  Perhaps the situation is not quite so alarming – after all, the gross change in market inventory is but 0.15%.  But when you consider it is a one month change from March (1.38%) to […]

Seasonal Changes in Real Estate

May 7, 2010

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Seasons aren’t just for a steak rub or switching out your wardrobe from storage. They also help align real estate patterns. This The Apple, Peeled article points out how the time of year can affect your search for a new home. To note: beat the summer rush for renting, buy in the spring or summer […]

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