By Tom Acitelli 1/26/09 6:22pm

Hamptons Housing Catches Cold

Did somebody say symbiosis? At a time when Manhattan dwellers struggle with lackluster year-end bonuses and job losses, the Hamptons has suffered its own crisis: one of real estate, the East End playground’s great arbiter.

A new Miller Samuel and Prudential Douglas Elliman report shows home sales off annually over 41 percent in the fourth Read More

By Oliver Haydock 1/20/09 10:19pm

Emergency Belief

Two thousand eight was a year that can’t be forgotten soon enough by the browbeaten souls unfortunate enough to make their living in the city’s real estate market, which proved to be a much choppier sea to navigate than most expected over the past 12 months. It mattered little if you were in the commercial Read More

By Oliver Haydock 1/12/09 9:03pm

Brooklyn Housing Boom: Dude, It’s So Over

The number of Brooklyn home sales dropped 42.7 percent annually in the fourth quarter of 2008, according to a new report from Prudential Douglas Elliman and appraisal firm Miller Samuel (and authored by ace Jonathan Miller). At the same time, the median home sales price dropped 7.5 percent to $490,000.

As the graphic indicates, Brooklyn’s Read More

By Oliver Haydock 1/06/09 11:59pm

Warren G. Harding and the Manhattan Housing Market

Warren G. Harding, during his 1920 presidential campaign, pledged “a return to normalcy” for an America beset by the shocks of the First World War and an overly involved federal government. He won 60-plus percent of the vote.

Much like Harding’s sales pitch, the Manhattan housing market, buffeted for months now by uncertainty and Read More

By Oliver Haydock 12/16/08 10:56pm

Brrr! Icy January for Manhattan

Barack Obama is scheduled to be sworn in as the 44th president of the United States on Jan. 20. That real estate brokers and analysts are actually pointing to this date, historic though it is, as a crucial event in the recovery of Manhattan’s residential market tells you everything you need to know about its Read More

By Leigh Kamping-Carder 10/31/08 11:25am

Buy Now? No, Buy Later

Welcome to the buyer’s market: Supply is up, demand is down, and prices are teetering. Brokers say buy now – after all, there are deals to be had! But what if you waited?

Here’s four areas (and one borough) where buyers would be fools to rush in now.

1. MANHATTAN
Read More

By Oliver Haydock 10/29/08 10:16pm

Ho-Ho-NO! Hamptons Housing Prices Tank

All is not well at the summer playground for America’s rich and famous, as home prices and sales in eastern Long Island tumbled to two-year lows in the third quarter, according to a new Hamptons/North Fork market report from real estate appraisal shop Miller Samuel and brokerage giant Prudential Douglas Elliman.

The quarterly median sales Read More