Let the Peanuts Fly! 1st Quarter Reports, Unemployment, NYC Commentariat Speaks


A little market check-in for you. It’s a lot to allow the information to wash over you, especially the dynamic RE market. For those of you who use Twitter, you understand (I’m @practicalhome , for now)- for those of you who have avoided the information overload…I’m not sure that’s the best move. While I have
READ MORE

Snapshot from our Chief Economist (keep in mind this lags by 1 month)


March 2011 Prepared by Gregory Heym Chief Economist, Brown Harris Stevens NYC Unemployment Rate Holds At 8.9% • New York City’s unemployment rate was unchanged in February, at 8.9%. • For the first time since June of 2010, the NYC and national rates were the same. The city’s rate had been lower than the national
READ MORE

Friday's Blue Plate Special


“There are strange things afoot at the Circle K.” That’s the Bill and Ted’s Excellent Adventure Quote for the day, and a fun way to begin this blog post. Things are far from strange, though- on the contrary, things are great! It’s quite the excellent adventure here, too. On this Spring Friday, I’m thrilled to
READ MORE

Let's see how well social media works: Summer Intern Needed


Hello regular readers. I am looking for a summer intern for my team at Brown Harris Stevens. Please forward this to great college students who haven’t locked down their summer. Here’s the official call- Job Title: Intern – Marketing and Communications Description: A Top-Tier Team at Brown Harris Stevens, New York City’s oldest residential Real
READ MORE

The Winter Thaws, the Bedbugs Return (I'm sorry)


This is a follow-up to the blog from 2 months ago- should you try to deal with bedbugs on your own? A few things for you to think about. It’s been a long, cold winter in New York City. The one good thing from the cold months is that the bedbugs go into hibernation! And
READ MORE

What Do Mortgage Rates and Crabs have in common?


No, there will be no dirty jokes here. I’m talking about both going sideways. I wouldn’t say that I’m waiting for the other shoe to drop, per se, but I have continually expected the dreaded “We’re seeing rates beginning to climb.” It’s like the conversation with your parents when you were in high school that
READ MORE

The Sky Isn't Falling! The Sky Isn't Falling!


Read my next post for my own opinions on this, but for now- Unfiltered Economist-Speak from BHS Chief Economist Gregory Heym: Manhattan apartment sales prices averaged $1,364,733 in the first quarter of 2011, virtually unchanged from a year ago, but 5% less than the fourth quarter of 2010. This marked the first time since the
READ MORE

Stars Descend on Philly for My Alumni Weekend at Penn


A little entertainment break: One of my favorite guys from Penn, Matt Rosler, begin “Dueling Tampons” years ago. It’s an homage to the so-named sculpture on Penn’s campus, and constantly touts Penn’s ties to the Entertainment Biz. This came today (are you going to be there?): DT Blast: Hollywood coming to Graduation/Reunion Weekend 2011! ________________________________________
READ MORE

Now Search for All NYC Listings Here


Friends and Clients, I am delighted to offer a new way for you to search for properties for sale. Simply go to www.scottharris.net – You will be able to search every property for sale in New York City, through our expanded offering, known as a Virtual Office Website. You simply have to register, and for
READ MORE

Bidding Wars, 20+ Open House Attendees, Mortgage Contingencies


We’re seeing great conditions for a busy spring- sellers are pricing apartments well, buyers are out in the marketplace and seeing value, and deal are happening. There is potential for doom and gloom perhaps nationwide- jobs are still difficult to find, inflation perhaps looms etc etc etc. However, things are growing a bit rosier in
READ MORE

Recent Blog Posts

Deal of the Month: When the Third Time (or Agent) Is The Charm
(VIDEO) The Quarterly Report Is Old News
Deal of the Month: How to Know You’re Getting A Good Deal In the Moment—An Upper West Side Purchaser Story
(VIDEO) The One Thing You Need To Know About the Market (and ignore the rest)
My Experience with Fake Renters, aka Section 8 Ambulance Chasers
How Will The NAR Settlement (and its copycat lawsuits) Impact New York City’s Real Estate Market?
What The NAR Settlement Means For the Real Estate Industry
Apply To Be On The Pursuit Of Home Podcast
(VIDEO) What Are You Waiting For? The Manhattan & Brooklyn Aren’t Waiting For Spring to Bloom
The Silent Killer? Building Operation Costs. Here’s What Buildings—and NYC—Can Do About It.

Archives