Blog Profile / UrbanDigs.com
| URL : | http://urbandigs.com/ | |
|---|---|---|
| Filed Under: | Real Estate / Local Market | |
| Posts on Regator: | 899 | |
| Posts / Week: | 3.3 | |
| Archived Since: | March 4, 2008 | |
Blog Post Archive
Manhattan Deal Pace Check: May Down From April?
A: As should be expected, deal volume slows around Memorial Day Weekend and tends to progressively slow as you get into June, July & August. Its just the way the Manhattan market tends to work and is why real estate...
Risk Trade Facing Another Test - What is Gold Telling Us?
A: Is the risk trade over? With a fed engineered bank recapitalization environment in effect since 2008, is the 'search for yield' play done? If it was, the destruction would be way bigger than the minor selloff we have seen...
Pending vs Sales Pace; Quick Check on Manhattan Market Ticker
A: Lets just check in on Manhattan Pending Sales vs Actual Sales pace and the real time Manhattan market ticker to see how we are doing. First the ticker. Manhattan is still churning out new deals at a solid pace,...
Calculating Manhattan 'Days on Market' - When To Reset The Clock?
A: Part of my daily ritual is to check the real time Manhattan market ticker every evening and both look for integrity issues + follow what kinds of properties are going 'into contract'. I also check out how the 'days...
Looking at Manhattan Real Estate's Active Seasons
A: I thought it would be interesting to take a look at the last 4 "Active Seasons" in Manhattan real estate. For the chart, I chose market wide pending sales versus $5M+ pending sales - so we can see how...
WSJ: TriBeCa Bounces Back
A: Lets take a look at Josh Barbanel's latest piece that looks at demand for high end Tribeca property. Then lets see what the UrbanDigs real time system shows for this submarket. Quantifying an article and broker reports with actua...
Seasonally Speaking, Are We Peaking?
A: We all know most real estate markets are seasonal. Manhattan is no exception. Manhattan's "active" season usually lasts from late January to mid/late May or so. Once we get into June our markets tend to slow down as buyers...
Manhattan High End Surging, Explaining ACRIS $5M+ Chart
A: Lets check in on the $5M+ market in Manhattan. With a quick check into pending sales for properties with a last ask of $5M+, we can see how strong this segment of the market has been. Now, where these...
Pace of New Manhattan CSGNs Down 12.5% YoY
A: Ok, April is now in the books and our monthly charts went through their final 'data cleanse' to eliminate duplicates and other listings exposed to integrity issues. The final number for new contracts signed in April 2011 came in....
Fewer Listings Coming to Market & Going Off Market
A: The main differences between this years active season and last years, is that this year we are seeing fewer listings come to market and fewer listings being removed from the market. These two forces are canceling each other out.....
Inflation? It's Not The Wage Kind...
A: I've been making a concerted effort to stay away from macro discussions and focus UrbanDigs content entirely on Manhattan real estate. Today, I just feel the need to stick a change of topic in. I hope I can get...
How's Manhattan Doing Right Now You Ask??
A: The market is quite active! A check in on the Manhattan real time ticker will show us that the 30-day pace of new deals signed into contract is now over the 1,100 mark. Keep in mind that this measure...
Manhattan's High-End Takes 31 Months To Recover From Lehman
A: This is interesting. Two and a half years ago Lehman Brothers filed for Chapter 11 Bankruptcy, sending bids for Manhattan real estate plunging. Fast forward to today and we see that it took Manhattan's high end market 31 months.....
Neighborhood Check: Gramercy/Murray Hill & FiDi/BPC
A: Lets get back to analyzing inventory trends for Manhattan neighborhoods. Today, I wanted to check in on Pending Sales trends (a measure of pace of demand) for Gramercy, Murray Hill and then downtown Manhattan. Lets just get right to...
Introducing Flat Fee Consulting for Manhattan Buyers
A: I am going live this week with what I think is an innovative new service for Manhattan buyers out there who do not want to take on a full buyers broker. A flat fee consult basically consists of all...
Doing A Comps Analysis
A: I can see it already, I'm going to get a lot of haters and strong opinions on this discussion. That's all fine. This site has always been about open debates and discussions and everyone is entitled to their own...
HIGH END: What The Brokers/Managers Are Seeing...
A: Manhattan's high-end market is performing quite well right now, as evidenced by UrbanDigs' Pending Sales $5M+ charts. That is the chart that tracks the # of properties with an asking price over $5M+ that move from an ACTIVE to...
The Manhattan Market Ticker
A: As we approach the middle of the month, here is a quick check into the real time Manhattan market ticker. Methodology Behind The Manhattan Ticker: The Rows ACTIVE --> Counts All NEW Listings & Back On Market Listings CONTRACTS...
Manhattan Pending Sales Up; Sales Pace Still Down
A: Taking a look at Manhattan's real time measure of demand (pending sales) we can see that anecdotes of 'active' market are confirmed. Remember that this is simply measuring the pace of contracts being signed, NOT price action. We will...
Checking in on Tribeca
A: Got many clients and brokers asking me for real time data on how Tribeca is doing. I'll just keep it simple and show you a 6-month PENDING vs ACTIVE chart for Tribeca. I also threw a Median Sales Price...