Hamptons Housing Market: Read More
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
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
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
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
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
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.
As the Hamptons housing market tumbled mightily in the third quarter, the North Fork’s saw a mild price bounce. The North Fork median sales price was $575,000 in the third quarter, up 10 percent from last year, according to the new Miller Samuel-Douglas Elliman report.
The North Fork, home to a cluster of well-respected Read More
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
The Miller Samuel-Prudential Douglas Elliman third-quarter Manhattan housing report’s now online (PDF).
To read about the sagging Manhattan condo market click here; to read about the troubled luxury market click here.