Elegran Edge
The Real Estate Blog

What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.

Articles about "Housing Market Trends"

  • Manhattan Studios Breaking Record Sale Prices By Jonathan Tuason | February 10, 2015

    Manhattan's studios used to be considered budget apartments, but recently, sales have been breaking $1 million.

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  • Brooklyn's Market Invites New Townhouses By Jonathan Tuason | August 25, 2014

    Developers in North Brooklyn are making way for more townhouses.  Many recent developments, especially as they’ve cropped up around the waterfront, have introduced more glass and steel buildings than was common for the area, but that might slow as market the changes.

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  • Data and The Real Estate Market: What's New? By Kamini Ramdeen | June 09, 2014

    Using data accumulation to show gaps in economics, personal markets, and interpersonal markets for making newer technologies is not a new trend. Using a smartphone everyday, or even simply using the internet from any device, can accumulate data and give you a more unique user experience tailored to you. This idea of "tailored to you" will be entering the real estate market in a new way and allowing for data to once again fill in a gap.  

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  • Millennials And Keeping Up With NYC Housing Market Growth By Jonathan Tuason | May 28, 2014

    Younger home buyers are more cautious about entering the housing market as homeowners younger than 35 went from 36.8% to 36.2% from the last quarter of 2013 to the first of 2014.

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  • RealtyTrac’s False Housing Data Corrected by Jonathan Miller By Kamini Ramdeen | May 27, 2014

    (Right: Jonathan Miller, Left: Darren Blomquist) Recently, RealtyTrac had send out erroneous data about the all-cash housing market in Manhattan. The Washington Post reported that RealtyTrac’s data concluded that eight out of ten homes in Manhattan were bought with all cash, The Real Deal later picked up the same story. If you’re at all familiar with the Manhattan market these numbers seem a tad bit fishy.  

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  • Stellar Seller Secrets Spring 2014 By Kamini Ramdeen | April 03, 2014

    Spring’s warmth is going to be heating up more than just our frosty bones from a very brutal winter. The warmth has also entered the seller’s market for real estate. The current market trend for Spring 2014 putting seller’s at an advantage, especially here in NYC. Here are some secrets that everyone selling their homes should know:

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  • 10 Indicators A Neighborhood Is Set To Emerge By Kamini Ramdeen | March 25, 2014

    New York, the land of trend creation, brings about a difficult task for residents. That task is, keeping up with the latest trendy neighborhoods. New Yorkers can do one better than just keeping up, they can now spot the soon-to-be trendy stomping grounds themselves. How you ask? By keeping an eye-out for these emerging factors:   1) Neighborhood Renovations are afoot.

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  • Building Up the Market: More Permits Than Last Year By Jonathan Tuason | March 06, 2014

    Building permits for new residential units have increased over the past year - this is true for all the city's boroughs.  More specifically, according to REBNY, 2013 show a 70.7% increase from 2012's numbers.  This is of particular note, since a significant drop in the number of such permits occurred amidst the economic doldrums of 2009, from which the 2013 numbers show a 204% bump.

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  • NYC's RV Apartment Surge By Peter Black | December 03, 2013

    Average rents for NYC apartments are increasingly absurd. But, some New Yorkers have a simple solution: they don’t live in an apartment. RV’s now sit on street corners in New York City’s trendiest neighborhoods. Residents of these mobile homes live rent free in the center of the most expensive rental landscape in the country.

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  • Double Housing Bubble Trouble? By Bryan Gamble | November 18, 2013

    As 2013 comes to a close and fiscal figures are coming in, there is a lot of talk about the state of the U.S and global economy recovering, especially as related to real estate prices and mortgage interest rates. The apparent sharpness of the economic rebound, especially in the U.K, has been wholly unexpected and frankly alarming to many weary eyes watching for another 2008. In turn, we must ask what has people so cynical and whether or not this attitude is justified in late 2013.

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