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The (New) Tallest Chart In The History Of Manhattan Real Estate

Miller Samuel

With all the hubbub about the new Manhattan residential price record of $238 million and potential ramifications, I wanted to create a chart to give readers a sense of how disconnected this sale is from the prior records, and from housing prices for mere mortals in already one of the highest priced housing markets in the U.S.

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Rate buydowns are the cat’s meow in today’s market

Housing Wire

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. in 2022, the weakest showing since 2014.

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New home sales are at risk with rising mortgage rates ?

Housing Wire

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. Census Bureau and the Department of Housing and Urban Development. The only risk to that 6.2 percent (±11.9

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New home sales make it clear: Housing is in a recession

Housing Wire

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

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As prices rise, builder confidence falls from record highs

Housing Wire

After three successive months of record highs, the National Association of Home Builders and Wells Fargo Housing Market Index measuring builder confidence fell four points to 86 in December. Policymakers should take note to avoid increasing regulatory costs associated with land development and residential construction,” Fowke said.

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Southampton Houston Neighborhood Maps

Houston Properties

She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. Developed by E.H. Established on April 15, 1923, the restrictions state: No apartment houses or duplexes in Southampton. Minimum construction costs on Rice Boulevard: $12,000 to $15,000.