Manhattan Real Estate Market Sees 29% Decline in June Contracts

New York real estate turns negative as June contracts fall 29%

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

The Manhattan real estate market had a blowout second quarter, but sales started to take a hard turn in June. CNBC's Robert Frank joins 'Squawk Box' with the details.

Homebuilders say U.S. is in a 'housing recession' as sentiment turns negative

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

Builder sentiment in the market for single-family homes fell into negative territory in August, as builders and buyers struggle with higher costs. The National Association of Home Builders/Wells Fargo Housing Market Index dropped 6 points to 49 this month, its eighth straight monthly decline. Anything above 50 is considered positive. The index has not been in negative territory since a very brief plunge at the start of the Covid pandemic. Before that, it hadn't been negative since June 2014. "Ti...

[WNBC] The State of New York Real Estate

millersamuel millersamuel | 2 years ago

Adam Kuperstein at WNBC reached out to do a story on the state of the Manhattan housing market for Douglas Elliman. He got all the nuances right and featured the results of our market research. It was my first tv... Read More The post [WNBC] The State of New York Real Estate first appeared on Miller Samuel Real Estate Appraisers & Consultants.

How to Handle Negative Real Estate Reviews

agentfire agentfire | 1 year ago

Don't let negative real estate reviews make your business look bad. Learn how to handle negative testimonials with professionalism and bounce back quickly with these tips. How to Handle Negative Real Estate Reviews is just one of many great real estate strategies on The Spark

New York Home Improvement Contracts: What Residential Contractors Need to Include

levelset levelset | 1 year ago

In the State of New York, contractors working on certain residential projects need to have a good understanding of the NY Home Improvement Contracts Act. Under these statutes, on certain protected projects, there are a fair amount of rules and requirements that must be met, particularly when it comes to what must be included in the contract between the contractor and the owner. Here’s what NY residential contractors must include (and what can’t be included) in a New York home improvement co...

Value of new second charge business up 29% in June, says FLA

The voice of the UK mortgage i... The voice of the UK ... | 1 year ago

The value of new business in June increased 29% over the same time frame to £130m, the FLA’s newest report adds. This means that, in the 12 months to June 2022, the value of new business has totalled £1.36bn, which is a 61% rise on the year, with the number of new agreements rising 52% to a total of 30,849. And in the three months to June, the value of new business equals £390m at 8,529 new agreements – rises of 44% and 37%, respectively. if ($(window...

An Ebbing Luxury Tide In New York City Real Estate?

forbes forbes | 2 years ago

As 2022 heads into spring, which is typically busy in New York City, we should expect a confusing ... [+] market with participant expectations starting to bifurcate. Taking a look at the big real estate picture in Manhattan and Brooklyn, the post-pandemic recovery was skewed toward larger apartments, largely because buyers opted for more size to accommodate the fact that many of them would be spending more time at home. In New York, size and price are non-linear: price increases faster than size...

Bidding wars for Atlanta homes continue to decline as more contracts fall through

bizjournals bizjournals | 1 year ago

The number of bidding wars for home listings in metro Atlanta continues to decline. At the same time, more metro Atlanta homes under contract are falling through.

What is the Average Real Estate Commission in New York?

fastexpert fastexpert | 1 year ago

The average commission in New York is 6%, which is above the national average, but still the most common commission percentage that real estate agents charge. While 6% is the average commission, it’s not necessarily what you’ll pay. You’re in luck if you’re selling in a buyer’s market where there are more homes for sale than buyers because you may be able to negotiate a lower commission with your real estate agent. In addition, some agents are willing to discount their commission if y...