New York City Real Estate and Lifestyle Expert
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Locality: New York, New York
Phone: +1 917-846-2572
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A surge of Residential Market activity has resulted in record numbers of signed contracts. All signs point to the dawn of the strongest year in Manhattan residential real estate since 2007. All indicators are that the Spring real estate buying season will be on overdrive as first quarter numbers proved that New York is Back! Analysts are predicting that New York City is on a steep upward trajectory and that the overall economy will continue to grow over the next three to fiv...e years. Q1 delivered the strongest start to any year for signed contracts since 2007. Contracts signed skyrocketed 58% annually to just over 3,700 deals. March alone delivered nearly 1,500 new deals. Why? Selling prices are fueling this activity. As prices cooled and inventory remained high, compelling discounts lured buyers back to the city. All price points are being impacted. The average discount to original asking price was 12%. Under $3M Market: Made up 89% of all sales activity: +11% more sales than the prior year. Luxury Market: This sector is soaring with nine straight weeks of over 30 (and in some cases 40) contracts signed per week. Market-wide: Manhattan pending sales (in-contract) are over 4,000, a number never historically reached even in the boom years of 2014, 2015 and 2016. Inventory: Remains high, 7,973 active listings in Manhattan, up 14% annually. With more inventory, there are more choices and there is more negotiability.
Thinking of selling and need work done in your home? We can help
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New to Market! Spectacular views in this High Floor 1 Bedroom & 1 Bath in a luxury Upper East Side condo 301 E 79th St 21D
Is the space in your home just right or do you need more or less space? Share with us
Applying for a mortgage to buy. This is a must read
May your holiday season be filled with joy, peace and health. Happy holidays! #livewhoyouare
Activity has definitely picked in Manhattan and supply has come down Great time to put your home on the market. Holiday buyers are serious
Have you been renting for a very long time? Then we need to discuss your options
Thinking of buying? I'm here to educate and help in anyway
As November begins it brings good news! The NYC Q3 real estate market reports are in and showing great signs of improvement. Contacts signed are up 167% compared to Q2 2020 Average price per square foot is up 23% compared to 2019 Median price saw a 8% increase compared to 2019, now $1.080M... What does this tell us? There are great opportunities in New York City real estate and buyers are taking advantage. If you have any questions about the market, or are debating your next real estate venture do not hesitate to reach out!
Get Thanksgiving ready with festive decorating tips.
Take a look at the median price in Manhattan real estate year-over-year.
Happy Halloween! Here's wishing you more treats than tricks this year!
Aegean Teal is Benjamin Moore's 2021 Color of the Year. This fresh shade is sure to add a calming element to your space.
Take Thanksgiving outside this year by leveraging these helpful tips.
The outcome of the presidential election will surely impact the NYC real estate market find out how.
New York City is showing resiliency Contracts signed up 11% in September Ideal time to buy
Are you still renting? Let's talk about your options [email protected]
Yoga with a serious view! You can now take yoga classes at Hudson Yard's Edge which just happens to be 1,100 ft high! Read more in the link below.
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