MARKET INSIGHTS

May 2025

While the effect of US Tariffs are still panning out, Americans are looking into other Investments than the Stock Market: REAL ESTATE & GOLD!

However, Financial Advisors think that might not be a smart choice!

Read about: Real Estate, Gold, REIT's, Rent Prices, Ralph Lauren, and, obviously, our all about beautiful Listings!

Happy May!

PS: I can't believe I am doing this Newsletter Jan 2021...

March 2025

... and it is March ALREADY!

This month, I am speaking about:

How many adult New Yorkers are secretly s

ubsidized by their parents
Manhattan's Demographics
Trump's "Gold Card" and why Real Estate Developers are scared of it
A mysterious trade on the Upper East Side

... and our newest, highly anticipated, New Development in prime Greenwich Village: THE KATHERINE!

Enjoy the first days of Spring!

January 2025

It’s time to offer up some predictions for 2025!

Spoiler alert, they’re not particularly positive expectations…

I am discussing what Manhattan's Real Estate Market can expect this year based on, as per usual, tons of data!

Plus: Several of our Off-Market Listings!

Crystal ball gazing is invariably a dubious activity but it can be a useful exercise and it’s interesting to analyze from year to year what I predicted correctly and what I got wrong…

I wish you a happy, healthy,

and successful New Year!

November 2024

We are days away from the election everyone is impatiently awaiting, however, the next U.S. president could inherit a booming economy - That’s a daunting challenge…

Plus, which Interest Rate is the FED targeting?

Also, where is the Manhattan Real Estate Market heading in 2024's last quarter?

Enjoy November including my favorite Holiday - THANKSGIVING!

September 2024

While Interest Rates have dropped last month, Homeowners

are still not moving... WHY?

I am talking about

- What are Golden Handcuffs?

- What is the rate lock effect?

- How do 5 D's push a tough market like this one?

- Do you really need an Agent and sign all this crazy paper work now?

I am ready for Autumn and I hope you are as well!

July 2024

Did Americans travel more than ever before?
Which key part of America’s economy has

shifted into reverse?
Is it truly a buyer's or a seller's in New York?

Read about in my July Market Insight and I hope you enjoyed your 4th of July Weekend!

May 2024

Several experts mentioned that the Federal Reserve has indicated that there will likely be cuts to the short-term federal funds rate in 2024, which will put downward pressure on mortgage rates. Overall, though, rates are expected to remain above 6% throughout 2024!

The questions are now:

How to get the best Mortgage Rate today?
Why is the Market "schizophrenic"?
What do the 1970s have to do with it?

March 2024

Recently, I heard so many agents speak about how unique and “never-been-seen-before” the current market is... Amplifying stories with meaningless titles such as “Where do we go from here? Rent and sales prices are at the ultimate high”... Let’s breathe for a second and look at the facts:

January 2024

Goodbye 2023… It has been a pleasure… This year, interest rates have been a central focus in the real estate narrative. Despite a recent slight drop, they remain higher than the levels observed in 2022, and some of the highest in the past 20 years.

April 2025

Is "Tariffs" truly the most beautiful word?

How are Taxes the "backbone" of New York City's Economy?

What taxes do you, as a Seller or a Purchaser, have to pay in a Real Estate Transaction?

...and why are prices as high as 2021 at a MUCH higher Mortgage rate?

Read about my thoughts - Enjoy spring and with it our off- and on-market listings featured in this month' issue!

February 2025

The first month in 2025 is done - New Year, New President... New Market?

How well did New York City REALLY do?
What is the Fed doing to encourage people to purchase Real Estate again?
What is currently going with Co-Ops in Manhattan?
What are contrasting price segments doing differently? For example $3M VS $20M+ Sellers.

Plus: More of our Off-Market Listings

Enjoy and stay warm!

December 2024

The first snow hit Manhattan yesterday and 2024 is coming to an end.

This month I am talking about where the US economy stands (I heard the EU might be jealous...), predictions for 2025, how Compass is growing (again!), and obviously our BEAUTIFUL listings!

Enjoy the Holidays!

October 2024

This month I am talking about

how mortgage maturities will change New York's Real Estate Market, Why UBS believes that the U.S. economy is on the cusp of another Roaring ’20s, and who was strangled to Death in Manhattan's most expensive Sale this month...

Halloween is coming...

Enjoy your Weekend!

August 2024

Is it happening? THE RATE DROP?

Read all about how "Mortgage rates PLUNGED to the lowest level in more than a year after weak employment report" just yesterday, how much further declines could happen, and most importantly, how YOU can prepare yourself!

Stay cool and have a wonderful August!

June 2024

After the latest report revealed that inflation remains high at 3.4% - and after the May Consumer Price Index All Urban Consumers report showed a 0.3% increase in April - the Federal Reserve elected to hold the federal funds rate steady for the sixth consecutive meeting. This, in turn, further delayed the anticipated rate cuts that had, at one point, been expected to occur in mid-2024.

April 2024

Lots of smoke around the NAR Settlement - lots of misinformation has been pervasive in the media:

What will be the most common way that buyers will buy a home?
Are there loopholes or ways

to still charge 6%?
Will this lower home prices in any way, or is it less of factor than broader supply/demand price pressures?

February 2024

The interest rate on a 30-year fixed-rate mortgage is 6.375% as of February 1, which is 0.250 percentage points lower than January 31st! Additionally, 15-year fixed-rate mortgage rates have hit 5.25%. What a start to February 2024!

December 2023

2023's Holiday season has arrived and everyone seems to have checked out for the remainder of the year, they are hoping for a better 2024! My favorite news this month?

“Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship”...