Month: April 2011

When Apartments Are Overpriced

Former Senator Moynihan wrote, “Everyone is entitled to their own opinions.  They are not entitled to their own facts.”  I love that quote.  Certainly, brokers are entitled to think their properties are worth what they are listing at- but pricing often strains …

Friday's Blue Plate Special

“There are strange things afoot at the Circle K.”  That’s the Bill and Ted’s Excellent Adventure Quote for the day, and a fun way to begin this blog post.  Things are far from strange, though- on the contrary, things are great!  It’s …

Let's see how well social media works: Summer Intern Needed

Hello regular readers.  I am looking for a summer intern for my team at Brown Harris Stevens.  Please forward this to great college students who haven’t locked down their summer.  Here’s the official call- Job Title: Intern – Marketing and Communications Description: …

What Do Mortgage Rates and Crabs have in common?

No, there will be no dirty jokes here.  I’m talking about both going sideways.  I wouldn’t say that I’m waiting for the other shoe to drop, per se, but I have continually expected the dreaded “We’re seeing rates beginning to climb.”  It’s …

The Sky Isn't Falling! The Sky Isn't Falling!

Read my next post for my own opinions on this, but for now- Unfiltered Economist-Speak from BHS Chief Economist Gregory Heym: Manhattan apartment sales prices averaged $1,364,733 in the first quarter of 2011, virtually unchanged from a year ago, but 5% less …