Month: May 2012

Touching Historic Lows Again

The mortgage rates are again at super duper lows.  This is surely driving refinances.  As the market inventory sags, it appears that low rates will be the second big driver of price increases.  Yet with no real indication of rate increases beyond normal fluctuations, and …

A "Let Them Eat Cake" Look at the Market

Over the last year or so, the top end of the market has outperformed the rest of the lower segments.  This seems to be continuing to a degree, but the rest of the market is catching up, performing admirably as well.  If Marie …

New Development Round Up May 2012

My month was spent looking at New Developments both in New York and Israel.  More specifically, Tel Aviv in Israel and on the West Side in Chelsea and Clinton.  I know that I’m a New York City broker, but my week in …