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Animal Spirits, Higher Rates & Expectations... 16 Aug 2013 | 11:27 pm
A: Never discount the element of 'buyer emotion' from the equation when trying to understand what has been going on in the Manhattan marketplace since February/March. There continues to be strong buy ...
Knowing When A Deal May Be Running Away From You 24 Jul 2013 | 06:52 pm
A: I originally published this article in May of 2011. But given the market conditions across Manhattan & Brooklyn right now, and the recent NY Times article "The 'Shift the Goalpost' Home Sale" on th...
Markets Normalizing After 5+ Years of Fed Rigging? Where is the money going?? 20 Jun 2013 | 11:39 pm
A: Crazy stuff is going on in Equity markets and the US Treasury market right now as bonds are selling off in a fierce way. Sure, one can look at where we are and the bigger picture and say the infamo...
Reflecting on Manhattan's Recent Surge 2 Jun 2013 | 02:11 am
A: What we have been discussing here on UD for months is now starting to hit the mainstream media in a big way, with articles like "In a Sellers Market, Every Minute Counts" starting to come out. Perh...
Manhattan April Market Report -- Deal Volume Continues to Surge 2 May 2013 | 04:23 am
A: Deal volume across Manhattan continued to surge as we finished up the month of April, rising 15% from the month prior and booking 24% 'more deals' when compared to April of last year. Supply on the...
Q1-2013 in the Books -- Buyers Facing Inventory Shortage 2 Apr 2013 | 06:42 pm
A: Manhattan active inventory stands at 4,826 units, down 30% from this time last year. At the same time Manhattan's Pending Sales, the measure of real-time demand, stands at 3,154 contracts awaiting ...
Can Little Cyprus Cause Bigger Problems? 17 Mar 2013 | 06:18 pm
A: I want to get away from the red-hot Manhattan real estate story today, not only because its been the same story for so long now and I'm tired of talking about the same thing over and over, but more...
February Manhattan Market Report 6 Mar 2013 | 07:26 pm
A: And the deals just keep on coming! If it feels like its very active out there, your right, and the data shows it. This February saw another high in 'deal volume' (contract activity) as we booked 1,...
"Very Strong" Pace of Deal Volume Continues 14 Feb 2013 | 06:50 pm
A: Most brokers are bombarded daily by their buyer & seller clients asking "How's the Manhattan market doing right now?". It's not such a simple question to answer because price action doesn't reveal ...
Quarterly Manhattan N'hood Performance Check 12 Feb 2013 | 07:50 pm
A: Lets take another look at the rolling 3-month trend for all 16 Manhattan neighborhoods/submarkets that the UrbanDigs' system tracks in real time. Shown below are each neighborhoods' pending sales t...
