Buyer Power
Let me be the first to say it: buyer power has returned to the marketplace. After a number of years of steady price gains which have frequently left buyers chasing their chosen properties, some markets have… More
Let me be the first to say it: buyer power has returned to the marketplace. After a number of years of steady price gains which have frequently left buyers chasing their chosen properties, some markets have… More
The real estate ad begins, “You will fall in love with this very unique home.” I cringe. It happens to me more and more frequently these days; I deplore the acceleration of what can only be… More
Leafing through the Mother’s Day Facebook posts (I love seeing photos of everyone’s mom!) I was struck by how many families are geographically separated from one another. This is a modern phenomenon, and particularly American. Until… More
“If you can keep your head when all about you/Are losing theirs and blaming it on you…” Thus begins Rudyard Kipling’s poem “If” – as good a description as I have ever read of being a… More
Innovation! The word is ubiquitous. This week, at the Luxury Real Estate conference I attended in Beverly Hills, innovation and technology were the topics of the keynote address and many of the networking conversations around the… More
The New York spring market! This year, amidst the oil price crisis and the China slowdown and the negative interest rates in Europe, I thought there might not be a spring market. But then, the last… More
Where does New York real estate stand today on the boom/bust continuum? Several recent articles in major publications have addressed the issue of “inventory overhang,” that phenomenon by which supply begins to outstrip demand and a… More
What explains the emotional hold which the homes of our youth exercise over us? Those places, imbued with our memories both joyous and sad, are always anchored in the imagination. They intertwine with the memories themselves… More
This week on the Riviera Maya my wife and I toured several terrific beach houses available for rent on SoIiman Bay. At one of them, the owner/manager devoted substantial time to pointing out unique features: the… More
Every January stories abound which review the preceding year in real estate. With the press reporting that during the fourth quarter of 2015 the average sales price of apartments hit $1,950,000 and the median price hit $1,150,000,… More