Jonathan Miller has posted the rather grim Douglas Elliman-Miller Samuel third-quarter housing report–sales down, prices down, condo sales really down. PDF here.
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.
By year’s end, some of commercial real estate’s freshest young brokers will give up on the somnolent field and start searching for a new line of work, according to the industry’s older hands.
“This is a cliché, but this is the time when the men are separated from the boys,” said Cory Zelnik, of Read More
Like in Manhattan (and Brooklyn and Queens), home sales in the Hamptons plunged annually in the second quarter of 2008. At the same time, the average home sales price dropped annually and quarterly as well to $1,730,414, according to a new report from appraisal firm Miller Samuel and brokerage Prudential Douglas Elliman. The Read More
Home sales in Queens plunged annually from the spring of 2007, according to a new report, joining Brooklyn and Manhattan in steep year-over-year sales slides.
Queens home sales were down 23.7 percent from the second quarter of 2007 through the second quarter of 2008, to 2,363, according to the report out this week from appraisal Read More
Here’s a breakdown by Brooklyn region of home sales in the second and first quarters of 2008, and in the second quarter of 2007.
Sales dropped just about everywhere–and by double-digit percentages boroughwide–according to the new statistics from appraisal firm Miller Samuel and brokerage Prudential Douglas Elliman.
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The second-quarter Manhattan housing market reports will be out by Wednesday morning of next week. Last time they hit, for the first quarter, the reports caused quite the kerfuffle, including internal company e-mails and a New York Times article trying to sort the whole thing out.
Basically, it went like this: Prudential Douglas Elliman and Read More
Sorry, outer-borough bargain-hunters; the median sales price in Queens actually increased slightly to $498,500 in the first quarter of 2008, compared to $492,900 in the same period last year, according to Prudential Douglas Elliman’s Q1 2008 Long Island/Queens Market Report.
Credit all the new high-end developments coming on-line, not increasing demand, for the price Read More
This morning, no surprises, omnipotent Dolly Lenz was named Prudential Douglas Elliman’s number-one broker. And she doesn’t quite care.
“I only got there for the last few minutes. I was in a meeting, literally, with a major banking group, and should not have gone,” she told me, two hours after the ceremony. “They texted Read More
The only thing more exciting than today’s news about the upcoming sale of Bob Guccione’s townhouse (or about Sharon Baum’s Vespa), is Prudential Douglas Elliman’s annual awards ceremony, taking place right this moment, until noon, at Cipriani 42nd Street.
It’s the stuff real estate dreams are made of! Annual broker awards, especially Read More