I was in Miami over New Years like a lot of New Yorkers. The weather was ehh, but it was still nice to get away for a few days during the holiday season. I relaxed, caught up with friends, ate a lot and enjoyed the Miami life. I had a great time. My flight home on the...
The Federal Reserve’s mid-December announcement about stagnating interest rates—and potentially lowering them in 2024—appears to have had an immediate impact on New York City’s residential market. Since then, mortgage rates have already fallen more than a full...
As we track market performance month over month, November shone as a bright spot in 2023. Contract activity for homes above $1 million showed stability in both New York City and Brooklyn. For the first time in 30 months, newly signed contracts increased in...
Fall selling season has officially arrived! In October, contract signings in Manhattan and Brooklyn both increased annually across all the types of residential properties that we track for the first time in 18 months. According to a report by Miller Samuel for Douglas...
Every so often we’ll come across a client that we know we’ll never forget. Don’t get me wrong, we remember all our clients, despite doing this for 13 years and working with hundreds and hundreds of homeowners. But there are some where it might take a minute or two to...
In New York real estate, the tides are turning for buyers! According to a report from UrbanDigs, September was the best month for buyers since the pandemic rocked the market in the spring of 2020. High interest rates are still deterring some from entering the market,...
Embrace the arrival of autumn, and a warm welcome to September! In light of the evolving real estate scene, we’re dedicated to offering you an in-depth look at our primary markets: NYC, Westchester, and Miami. Join us as we explore the key highlights and...
Taylor Swift has never really been on my radar until this year, and I know, I’m late to the party. Of course, I’ve known who she is, and I can sing along to some of her big hits (see “Shake it Off”) but she’s not someone I would ever consider seeing in concert. Until...
Earlier this summer Jennifer Lopez, or J-Lo as she’s known to her fans, and her husband Ben Affleck purchased an incredible Beverly Hills mansion for $60.85M. The home is 38,000 square feet, has 12 bedrooms, 24 bathrooms, an indoor sports complex with a pickleball and...
As inflation, interest rates, and volatile economic activity impact real estate markets nationwide, the importance of having trusted and knowledgeable brokers and lenders to guide you is clearer than ever. Thankfully, data points for all three look considerably better...
