Luxury deals are down 18% year over year, and buyers are more cautious than they've been in years, a sign the market is continuing to normalize, according to agents and a new Redfin report
Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent
Opinion
Taking a broader view of school ratings and the methodologies they use to arrive at their conclusions can elevate thousands of schools nationwide that are unfairly underrated by today’s dominant system
Opinion
Keeping in mind the personality type of your clients can help you become perceptive and tailor your approach, so that you're able to provide the best homebuying experience possible
Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market's landlords slashing their rental prices
Within the last year alone, home price growth, which has reached 20.6%, has become 4 times greater than income growth, which is a mere 4.8%
Pending home sales dropped 3.9% from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday from NAR
Opinion
There's a widespread belief that Americans have all packed up and moved because of the pandemic. However, the data that's coming in so far tells a different story
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'
Opinion
This week, Byron Lazine and Nicole White discussed how the Fed's decision will impact the housing market, CoStar's plans for Homes.com and the TikTok-famous Marketeer of the Week
Opinion
Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. This means we are offsetting high consumer prices because home values are increasing at an even faster rate
Opinion
The complexity of the current real estate market means that client relationships can sour quickly. That's why it's vital to set appropriate expectations upfront
Opinion
This week: Byron Lazine and Nicole White discussed a decision in the bombshell class action lawsuit against NAR and Realogy, Zillow's revised forecast and Ryan Serhant's branding advice from ICNY
Corcoran took the top spot in Manhattan and Brooklyn with $2.54B in signed contracts, with Compass following close behind, according to the firm's inaugural NYC quarterly report