I’d love to say that I always know where the market is going. I don’t. Right now, we’re watching lots of different moving parts: Mortgage rate changes. Stock market volatility. Wars. Inventory constraints. It’s a lot to strain the imagination. BUT…. What I do know is this:  Uncertainty always gets in the way.  People want
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If you’re trying to construct a picture of the quickly changing real estate market, we can help. If you’re a seller, you’re concerned about how mortgage rates impact your potential buyers.  If you’re a buyer- you’re worried about how rates will affect your purchasing power. Will the pendulum swing hard towards buyers?  That is, will
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We’re Marketers. Sometimes we get carried away and get a little melodramatic.  Sometimes we overstate in our marketing.  River Views!  Incredible Ceiling Height!  Best Location!  You know the drill. But in the case of our recent closing along Riverside Drive, we weren’t exaggerating.  The lobby is incredible.  The views were extraordinary.  The ceiling height was
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There is plenty that you could worry about if you’re thinking about buying or selling.  But who wants to worry? Don’t answer that.  You could fret over War; inflation; a too-strong dollar; supply-chain issues; cost of renovation; a bear market; rising mortgage rates; a weakening economy.  Need I go on? How can a buyer or
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How Is The Market? This is the evergreen question, isn’t it?  The answer completely depends on who is asking it.  Why?  Because each person thinks of the Real Estate market differently. First-time buyers are thinking of one-bedroom apartments; empty nesters, another; homeowners are thinking about their own property or what they may be trying to
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Can you time the real estate market?  Does it matter?  How can you win anyway? If there is one thing that I’ve learned after twenty years of selling real estate in New York City, it’s this:  You Cannot Time The Market. The flip side is the myth that nearly every buyer or seller holds onto
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Surprising Inventory Shortage = Surprised Buyers Let’s take a look at the Brown Harris Stevens August 2022 Manhattan Residential Inventory Report! Perhaps you think that it’s a buyer’s market!  Everything is on sale! Prices are dropping!  Woo-hoo!  I’m going to get a screaming deal! NOT SO FAST. What we’re seeing is a much less dire picture. 
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It’s Hard Enough To Find a Home That You Love.  Want to Avoid Buyer PTSD? Even if you weren’t the market last year, maybe you just heard how crazy it was. Bidding wars left and right… People paying over asking price… Deals falling apart last minute… Your Mind Starts Playing Tricks On You You ask
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What if mortgage rates aren’t as bad as you think they are? What if rates went down last week?  What if you can borrow at rates far lower than what you’re hearing about in the news? What if the newspapers have it all wrong? Well, the trend is up, but the fears may be overblown. 
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It’s Always Nice To Get on Good Morning America I can’t say that every week.  I couldn’t say that ever before!  So I’ll say again: It’s nice to get on GMA (I show up around 1:26 on the piece, fyi)!  Last week, I was speaking to the GMA Crew, including Erielle Reshef, about what can
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