Browsing All posts tagged under »Market Report«

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 […]

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 […]

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 […]

Buyers in the Catbird Seat

June 17, 2010

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A recent New York Times article has put into words something we have all been experiencing on both the buyer and the seller side.  Buyers have motivated sellers by the throat as inventory stays high and real buyers, those that were able to get approved on a mortgage or have cash are harder to come […]

Even Flat Growth is a ‘Recession’ – When Prices Hit Bottom and Stay There, Lady Liberty Cries

June 9, 2010

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The more I read about what is to come, the more it seems that there IS another housing recession coming.  Or so I am told. FREEZE.  This is not a dire warning, nor do I mean to infer that prices are heading for another dip.  In some areas they will, and in others, prices should […]

Corcoran’s Monthly Market Snapshot – May 2010

June 9, 2010

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                                                                                                                                                                                                                                                                                                                                                                                                                       The The market has changed a lot in the last year.  Compared to May 2009, May 2010 shows a strong uptick in sales in NYC.  Following up on April’s strength, Sales of Co-Ops were up 16% over last year and Condo sales are up 32% .  The average price per square foot is up 20% […]

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