 Testimonial of the Month
"It seems that every corner of the house we look at we find the results of your superior eye and judgment!
I think you went far beyond the call of duty. The results are terrific! We should have had you in 12 years ago.
Thanks very much."
William Fairbairn, Homeowner
New York, New York
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Tribeca Transformation
The homeowner, William Fairbairn, called us in to stage just the master bedroom of this spectacular duplex apartment in the heart of Tribeca. We had the walls repainted, brought in some rental furniture and new bedding, and borrowed some furniture from the family room.
In addition, we decided to set up an empty room near the master bedroom as a workout room, rearrange the family room furniture to create effective conversation areas and better traffic flow, and rearrange existing artwork and decorative accessories throughout the home.
Master Bedroom After
Master Bedroom After
Master Bedroom Before
Master Bedroom After
Exercise Room After
Family Room After
Family Room Seating Area After
Family Room Seating Area After
To see more Before and After photos of other properties we've staged, click here.
Master Bedroom Before
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Market Overview: New York, NY
"With 2,700 sales, Manhattan transaction activity remained steady during First Quarter 2012. This sales level was even with First Quarter 2011 but slightly higher than Fourth Quarter 2011. Closings were 60% higher this quarter compared to First Quarter 2009, when sales reached their nadir.
Confidence in the Manhattan market, indicated by the current level of buyer demand Corcoran agents are experiencing from local, domestic and international purchasers, is a strong indicator for the upcoming spring season as well as the long-term fundamentals of the market overall."
The following is a comparison of First Quarter 2012 vs. First Quarter 2011:
Market Wide:
- Number of Sales increased 3.8% to 2,700.
- Listings on the market decreased less than once percent to 8,367.
- Median price decreased 1% to $874,500 and average price per square foot decreased 4% to $1,065.
- New listings as a % of total listings decreased from 70% to 64%.
Condos:
- The median sale price decreased 2% to $1,053,000.
- The average price per square foot increased 3% to $1,242.
Co-ops:
- The median sale price decreased 8% to $629,000.
- The average price per square foot decreased 2% to $843.
For first time buyers read here to see how the market for starter apartments is heating up! |
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Tips and Tricks of the Trade:
How to Use Mirrors in Small Places
Have a small space that you want to make the best of? These tips will help you maximize mini rooms and make a big statement.
1. Use a large floor length mirror behind a piece of furniture in tight spaces
2. Place a mirror behind a light source.
3. Create a "new window" by placing a mirror across from one.
4. Make a tasteful mirror wall!
See more examples and read the full article here!
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Did you know....
In 2011, staged homes sold on average 42 days after staging!
See the statistics below:
Download your own copy of these statistics.
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Market Overview: The East End
According to George R. Simpson, President of Suffolk Research Service, in his first quarter 2012 report:
"The real estate market on the East End of Long Island is showing a downward trend comparing the 1st quarter of 2012 with the 1st quarter of 2011. For single family homes, two of the market indictors: Median Price (down 12.6%) and Dollar Sales (down 10.6%) showed substantial declines for the 5 combined towns of the East End. Unit Sales showed a modest increase (3%)."
The following is a comparison of 1st quarter 2012 vs 2011 by town:
East Hampton Town:
- The median sales price increased 12.6% to $895,000
- The number of sales decreased 0.3% to 111
- The dollar volume of sales decreased 4.7% to $150 million
Southampton Town:
- The median sales price decreased 16.6% to $650,000
- The number of sales remained unchanged at 224
- The dollar volume of sales decreased 16.8% to $319 million
Southold Town:
- The median sales price decreased 8.2% to $404,000
- The number of sales increased 22% 74
- The dollar volume of sales decreased9.5% to $74 million
Everyone has a differing opinion on the state of the Hamptons sales and rental market. Read what other experts are saying about the Hamptons market heating up. |
