MARKET INSIGHTS

November 2024

We are days away from the election everyone is impatiently awaiting, however, the next U.S. president could inherit a booming economy - That’s a daunting challenge…

Plus, which Interest Rate is the FED targeting?

Also, where is the Manhattan Real Estate Market heading in 2024's last quarter?

Enjoy November including my favorite Holiday - THANKSGIVING!

September 2024

While Interest Rates have dropped last month, Homeowners

are still not moving... WHY?

I am talking about

- What are Golden Handcuffs?

- What is the rate lock effect?

- How do 5 D's push a tough market like this one?

- Do you really need an Agent and sign all this crazy paper work now?

I am ready for Autumn and I hope you are as well!

July 2024

Did Americans travel more than ever before?
Which key part of America’s economy has

shifted into reverse?
Is it truly a buyer's or a seller's in New York?

Read about in my July Market Insight and I hope you enjoyed your 4th of July Weekend!

May 2024

Several experts mentioned that the Federal Reserve has indicated that there will likely be cuts to the short-term federal funds rate in 2024, which will put downward pressure on mortgage rates. Overall, though, rates are expected to remain above 6% throughout 2024!

The questions are now:

How to get the best Mortgage Rate today?
Why is the Market "schizophrenic"?
What do the 1970s have to do with it?

March 2024

Recently, I heard so many agents speak about how unique and “never-been-seen-before” the current market is... Amplifying stories with meaningless titles such as “Where do we go from here? Rent and sales prices are at the ultimate high”... Let’s breathe for a second and look at the facts:

January 2024

Goodbye 2023… It has been a pleasure… This year, interest rates have been a central focus in the real estate narrative. Despite a recent slight drop, they remain higher than the levels observed in 2022, and some of the highest in the past 20 years.

October 2024

This month I am talking about

how mortgage maturities will change New York's Real Estate Market, Why UBS believes that the U.S. economy is on the cusp of another Roaring ’20s, and who was strangled to Death in Manhattan's most expensive Sale this month...

Halloween is coming...

Enjoy your Weekend!

August 2024

Is it happening? THE RATE DROP?

Read all about how "Mortgage rates PLUNGED to the lowest level in more than a year after weak employment report" just yesterday, how much further declines could happen, and most importantly, how YOU can prepare yourself!

Stay cool and have a wonderful August!

June 2024

After the latest report revealed that inflation remains high at 3.4% - and after the May Consumer Price Index All Urban Consumers report showed a 0.3% increase in April - the Federal Reserve elected to hold the federal funds rate steady for the sixth consecutive meeting. This, in turn, further delayed the anticipated rate cuts that had, at one point, been expected to occur in mid-2024.

April 2024

Lots of smoke around the NAR Settlement - lots of misinformation has been pervasive in the media:

What will be the most common way that buyers will buy a home?
Are there loopholes or ways

to still charge 6%?
Will this lower home prices in any way, or is it less of factor than broader supply/demand price pressures?

February 2024

The interest rate on a 30-year fixed-rate mortgage is 6.375% as of February 1, which is 0.250 percentage points lower than January 31st! Additionally, 15-year fixed-rate mortgage rates have hit 5.25%. What a start to February 2024!

December 2023

2023's Holiday season has arrived and everyone seems to have checked out for the remainder of the year, they are hoping for a better 2024! My favorite news this month?

“Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship”...