Real Estate Market Trends

Elegran’s real estate experts follow the movements of the rental and sales market, explore new neighborhoods, and explore the latest in real estate tech with Real Estate Market Trends.

Real Estate Market Trends

Elegran tracks the real estate trends you really need to follow.

  • Getting to Know the Housing Market in the Suburban Tri-State Area By Jared Antin | June 19, 2020

    To dig into the current environment and understand what the housing market in the tri-state area looks like, Elegran assembled a panel of experts in their respective regions of Westchester, Connecticut and New Jersey, who provided insight and intelligence for anyone considering making a move out of the city of buying a second home.

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  • Elegran Market Update: June 2020 By Jared Antin | June 05, 2020

    The market data for the month of May, the second full month since the beginning of the COVID-19 crisis, shows clear indications of the impact on the real estate market. Most notably, this continues to be indicated by the total number of units for sale and number of contracts being signed, both down considerably when compared year over year.

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  • The Best Advice Does Not Mean Perfect Advice By Jared Antin | May 29, 2020

    The angst caused by the coronavirus has most people on edge regarding both their health and financial situations. It’s at times like these when we want exact information about anything we’re doing – even the correct protocol for grocery shopping.

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  • Using Data to Navigate the Changing Rental Market By Jared Antin | May 29, 2020

    Elegran hosted its latest in a series of webinars created to help clients through a historically challenging time and, specifically, the topic of how to navigate a very atypical rental market in New York City. Our panel of industry experts, all with deep involvement, experience and data to draw from, offered their perspective on a number of timely topics surrounding the rental market and here are a few takeaways from the discussion.

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  • Don’t Let Frightening Headlines Scare You By Dylon Harbottle | May 27, 2020

    There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well.

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  • Home Prices Likely More Resilient During COVID-19 Than The Housing Crisis By Dylon Harbottle | May 21, 2020

    The housing market is likely to be more resilient to the pandemic's effects than many other sectors of the economy. The news has been grim. Last month, 20.5 million American jobs were lost; more than double that of the Great Recession. In the first week of April, about a third of apartment occupants didn't pay their rent, according to the National Multifamily Housing Council.

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  • Townhouses and New Construction: Time to Buy? By Jules Garcia & Andrew Warren | May 11, 2020

    New York City’s luxury real estate market has been confronted with a number of external threats and crises over the last few years that have had a negative impact on prices. External because they weren’t caused by unstable real estate market fundamentals, rather were a result of policies enacted in Washington and Albany (i.e. the elimination of the SALT deduction and a higher mansion tax).

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  • Why Home Office Space Is More Desirable Than Ever By Dylon Harbottle | May 08, 2020

    For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices.

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  • Will This Economic Crisis Have a V, U, or L-Shaped Recovery By Jared Antin | May 05, 2020

    Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover?

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  • Extreme Times Call For Extreme Actions By Kristina Kennedy-Aguero | April 23, 2020

    Senate Bill S8125A, presented March 23rd and sponsored by Michael Gianaris of the 12th Senate District, is currently before the NY Senate Committee, Judiciary Committee. It is "an Act to suspend rent payments for certain residential tenants and small business commercial tenants and to suspend certain mortgage payments for ninety days in response to the outbreak of coronavirus."

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2020 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Elegran LLC. IDX information is provided exclusively for consumers’ personal, non- commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Elegran LLC may or may not be the exclusive listing agent of the properties being displayed on Elegran.com. All data displayed on Elegran.com is presented for informational purposes only and should be independently confirmed by all customers. All Information is compiled from both public and private sources including, but not limited to the RLS, MLS and ACRIS; each of which is assumed to be reliable. All information displayed is subject to errors and omissions regarding apartment specifications and final sale prices, and further, any unit listed may have had its listing withdrawn without notice subsequent to such information being compiled. No representation is made as to the accuracy of any description (ie: listing, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed by customer and/or their attorney. Elegran LLC, its members, affiliates, and contributors adhere to New Your City, New York State, and United States Fair Housing Laws.