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Good As Gold

The current perception is that Manhattan real estate is as good as gold. Manhattan’s property market continues to serve as a long-term equity play for asset preservation. Domestic and foreign investors alike are turning to the relative safety that Manhattan’s real estate market offers
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The Perfect Storm

The Manhattan listing inventory can be very volatile when certain segments of the market deviate from overall market trends. The chart from Miller Samuel helps provide some context. The sale of studio and one bedroom apartments in 2010 helped wake the luxury market and spur the Year o
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Bidding Wars Are Back

Manhattan is no stranger to a short supply of homes. This year however, has been an outlier in terms of shortages: there simply is no inventory. The supply-demand dynamic in the Manhattan housing market is currently skewed. A healthy demand for homes from both domestic and foreign buy
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The World’s New Currency

  Opportunity Knocks as New Buildings Rise If you own a luxury property in Manhattan it has likely doubled in value since it was sold by the developer. There is a sweet spot in the New York market. New luxury projects that are in the works in Manhattan present great investment po
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Time For Buyers To Be Competitive, Not Cautious

What a difference a year makes. Last year at this time, buyers were being very cautious about stepping into buying for the first time and many preferred renting over buying. That pattern has reversed itself as rents have climbed considerably and now buying is looking much more attract
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Hamptons’ Life Preserver

Despite the uncertain economic condition of the housing market across the United States, it seems that luxury home sales have yet again proven to defy the full effect. Reports from the Hamptons, particularly East Hampton, display a possible revival in sales of the more expensive listi
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Time to Buy in the Hamptons

It’s time to buy in the Hamptons. Inventory is up but so are the prices. As we have been saying the high end is driving sales reminding us of 2007 times. Here is a recap of recent reports findings: Overall Hamptons had 539 transactions during April – June (2nd Q), +9.6% ov
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