Month: January 2012

The Harris Residential Team honored December 2011

Taking a moment to pat ourselves on the back, The Harris Residential Team was honored in the West Side office for most number of deals in December 2011.   I write this at the bottom of each monthly email, but I am honored …

Mortgage Rates below 4% again

Sound the alarm!  Rates have been under 4% for a week or two.   I was writing about the continuing drop through 2011 of rates, but here we are, looking at an important election year, where little to nothing is going to happen …

NYC Rental Report, Thoughts and Takeaways

Bloomburg’s article about the 4th quarter rentals in New York City was titled, “Manhattan Apartment Rents Jump 9.5% as Would-Be Buyers Hold Off Purchases.”  First, since the article was forwarded to me by 3 different clients asking for my insight on it, I must …

4th Quarter Numbers- Pricing vs Absorption Rates

If you missed it, there was a ton of hubbub, brouhaha, ado, over the 4th quarter numbers for the end of the year.  I’ll include the quote from the BHS report.  Part one: “A sharp decline in condo sales brought the overall …