Blog

In this month’s video, I continue to muse on what seems to be driving the market into higher sales volume.  The very short answer?  Pricing.  That’s it.  If prices look to be “in the zone,” people make bids.  If prices seem to be too high, no offers.  Tumbleweeds.  So the question is this, sellers:  DoRead more

In This Month’s Video I discussed the missed opportunity in New York, that is ignoring more than half of the population here. That is, women! Women are buying properties for themselves. No one is waiting anymore to get married to buy real estate, least of all so many successful women. This includes our many amazingRead more

Buyers usually show two sides: The homebuyer side and the analytical side. Usually, it’s the homebuyer side that shows the truth. A buyer is trying to move forward in her life, for any number of reasons. Time to expand, time to downsize, and everything in between. Home is open, excited, and ready to find what’sRead more

I haven’t been writing as much on new development of late. In this case, I wanted to think through what buying in a particular new building would look like if you decided, from the building, that you would be buying as an investor. In this case, after five years, the math could work so thatRead more

I think WE all are watching the implosion of We(Work) with curiosity. Beyond their chief co-working offering, I found the educational experiment of WeGrow fairly interesting, and my limited experience with Adam Neumann and his wife Rebekah, who were fellow parents at my school for a year, gave me some insight into what they wereRead more

One of my favorite times is when my customers, aka my homebuyers, bring their families to see their new apartment for the first time. Of course, some buyers bring a consensus-building approach to their purchases, bringing lots of family members to the property before they choose to proceed. Many others, however, leave their families outRead more

Conventional Wisdom would see things this way: If the sales market is strong, the rental market should be weak. If the sales market is weak, the rental market should then be strong. Most of the time, it looks that way. And right now, it would appear, by most metrics, that the sales market is softer,Read more

Probably 95% of what I do is empower buyers and sellers to move forward in their lives. Real estate remains the most tangible expression of who they are. And what is more tangible than doing a renovation exactly how you want to do it? And yet- this can be incredibly daunting. You need patience andRead more

It’s that time of the summer when buyers are particularly tuned out from, well, most things. So, it’s not entirely surprising to get “please update me” questions about the real estate market. What seems odd is the question I’m getting quite often right now: “Do you expect the real estate market to drop 15-20% ifRead more

The question that was put to me last week: “Does a building’s rules to allow pets, specifically dogs, impact the value of a property?” I have sold about 25 units in a building on the West Side that has not allowed dogs in many years, so the question isn’t new to me. Some shareholders wereRead more