{January 2020} A January As Busy As 2017

January 2020 was the busiest January in the past 3 years. In January 2019, after an abysmal 2018, the market was very anemic with a mere 296 units going into contract and around 800 new units hitting the market. Two years ago in January 2018, when the market was slowing down, 619 listings went into contract and 1354 hit the market. This year, the market activities recovered to similar levels to those of January 2017, when the market was still doing ok. Prices have not moved noticeably higher, but the renewed willingness from the buyers to start transacting suggested that a turnaround could be not too far away.

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Did you know that some actual buildings that inspired some of the most famous paintings still exist around the world?

How much would you like to sit at Café Terrace while the famous painting unfolds in front of your eyes?

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{05.2025} Stocks Are Back…Is The Real Estate Market Back?

It’s so clear to me: if you have the down payment and plan to be in the city for a few years, it makes a lot of sense to buy. That said, while there’s been a slight uptick in activity, NYC still very much remains a buyer’s market.

{04.2025} Caution Returns as Recession Fears Rise

In April, concerns about tariffs and a potential recession continued to weigh on buyers’ minds. Mortgage rates have remained relatively steady, hovering between the high 6s and low 7s since last November.

{03.2025} Will The Tariff Wars Derail the NYC Real Estate Market

The recent tariffs sent the stock market into a tailspin over the last two days. But just before that, NYC real estate was quietly holding its ground—and even pushing forward.

{02.2025} Anxiety Returns

Since Feb 19, S&P 500 is down 10%, a fast and furious downward correction from the growing confidence the markets exhibited after the election last year.

{1.2025} NYC Real Estate is Heating Up

The New York City real estate market continued to strengthen in January 2025. The past 2.5 years have been particularly challenging for sellers. While our team listed numerous properties, market conditions didn’t support the prices sellers were hoping for, leading many to rent their properties instead.

5 Predictions for 2025 NYC Real Estate Market

The New York City real estate market closed out 2024 on a high note, particularly in the luxury and new construction sectors, where demand is rising and supply is shrinking.

{November 2024} Bidding Wars Are Back: NYC Real Estate Defies Holiday Slowdown

Despite the holiday season, the market continues to show remarkable strength.

{October 2024} Tale of Two Cities

The NYC real estate market was the tale of two cities in October. Total transaction volume ticked higher, even though rates moved higher and sentiment was tense.