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.

  • Today’s Real Estate Market Explained Through 4 Key Trends By MyKCM | July 22, 2021

    As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market.

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  • 4 Major Incentives To Sell This Summer By MyKCM | July 20, 2021

    While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move.

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  • Weekly Manhattan & Brooklyn Market Data For The Week of 07/05/21 By Jared Antin | July 06, 2021

    Heading into the July 4th Weekend, supply in both Manhattan and Brooklyn decreased. Contract volume declined in Manhattan and increased slightly in Brooklyn when compared week over week. In both boroughs, more listings went into contract than came to market this week, contributing to the overall decline in listing supply.

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  • Featured Exclusive: 161 West 15th Street, 5B By Sherley Garcia | June 23, 2021

    Discover an ideal combination of traditional loft design and modern comforts. Featuring an expansive kitchen by Leicht that is brimming with high-end finishes and fittings, from the Liebherr refrigerator to the Miele stove and dishwasher; no detail has been neglected.

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  • Don’t Wait To Sell Your Home By MyKCM | June 17, 2021

    We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like, here’s an overview of what’s creating the prime opportunity to sell this summer.

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  • Should you cash in on your second home? By MyKCM | June 12, 2021

    When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight.

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  • Elegran Insights: Weekly Manhattan & Brooklyn Market Data For The Week of 06/07/21 By Jared Antin | June 07, 2021

    Given the shortened week with Memorial Day, the volume of contracts signed this week declined about 20% compared to last week, no surprise given the loss of one of the five business days. Overall supply dropped about 2.5% in both boroughs this week. The Market Pulse increased from 0.75 to 0.77 in Manhattan and from 1.03 to 1.07 in Brooklyn.

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  • Elegran Manhattan & Brooklyn Market Update: June 2021 By Jared Antin | June 04, 2021

    During the month of May, leverage continued to shift towards sellers, resulting in both increased competition amongst buyers and a high volume of activity for listings. Across all Manhattan neighborhoods discounts are decreasing, prices are firming and “COVID discounts” are a thing of the past. Competition remains fierce as Brooklyn’s Market Pulse increased to 1.08, indicating there are more apartments in contract in Brooklyn than are currently for sale.

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  • To Renovate or Not To Renovate Before You Sell By MyKCM | June 02, 2021

    When thinking about selling, homeowners often feel they need to get their home ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season.

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  • How to Make a Winning Offer on a Home By MyKCM | June 01, 2021

    Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process.

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