Elegran’s Monthly Leverage Indicator: December 2022
December 2022 Elegran’s Leverage Indicator informs us whether the current is a buyer’s or a seller’s market; i.e, which party possesses transactional leverage. Looking at the graphs below, this is indicated by the direction of trendlines. Our indicator also informs us regarding the relative st
Elegran Brooklyn Market Update: December 2022
Brooklyn Market Update In relation to its pre-pandemic average (the period Jan 5, 2015 — Mar 1, 2020), Brooklyn’s residential real estate market is hot. White hot. Despite lofty mortgage rates, demand for the borough is nearly 2x that pre-pandemic average, and November’s price per square f
Elegran Manhattan Market Update: December 2022
Manhattan Market Update Despite the significant number of concurrent headwinds — lofty mortgage rates, losses within the financial markets, inflation, recession fears, etc, many Manhattan metrics remain at pre-pandemic averages. And that’s a win, as we’ve been reporting for months. Dangero
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