market snapshot: no better time to sell!
It was no surprise to me that even with a seasonal Q1 bump in inventory, the number of apartments and lofts available for sale in Manhattan is 23% less than at this time in 2012.
This can be frustrating for buyers who have few choices in any particular size category, and less new developments available than a few years back. It can be good news for sellers. Even those who bought near the market's peak are seeing valuations that have largely recovered and are appreciating; with shorter times on the market. Prospective clients who've called me in for a market assessment, have been pleasantly surprised at how much their homes are worth. Our monthly market snapshots are based on Corcoran's contracts signed and the latest monthly sales data, giving us a first bounce about market trending.
press: my buyers' stories in the new york times
I do work with buyers hunting for the perfect home, as well as representing sellers. The New York Times has profiled my customers twice recently. In a marketplace where listings are available instantly on your computer or cellphone, the value added to customer searches that I bring has changed; data is not market insight, and price per square foot is not the same thing as value. Especially when buyers are competing with limited housing inventory, the decision to move decisively is massively important. Every buyer should have an agent. Like getting in shape at the gym, you can work out on your own, but your results will be faster, stronger, with less pain and danger from harm, by working with a master trainer. In case you missed them, here are links to the stories of how two different, first time buyers, found their dream homes through me.