Elegran Insights
Thought-provoking intelligence on the real estate market.
Recent Insights
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JULY 2021 MANHATTAN MARKET UPATE
Manhattan is back and the world, especially the media, is taking notice. While the local suburban and many national markets experienced unprecedented increases in buyer demand and limited inventory for the past year,
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JULY 2021 BROOKLYN MARKET UPDATE
The Brooklyn market continued its strong performance in June, with over 1,000 contracts signed, rising prices, decreased negotiability and declining days on market.
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JUNE 2021 MANHATTAN MARKET UPDATE
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.
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JUNE 2021 BROOKLYN MARKET UPDATE
The Brooklyn market continued its ascent this month as contract activity increased 4% and supply decreased nearly 2% compared to last month
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MAY 2021 MANHATTAN MARKET UPDATE
After a record breaking March, April surpassed March and set a new record for the most contracts signed in a month in Manhattan since April 2007, and is the second highest month on record since 2004.
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MAY 2021 BROOKLYN MARKET UPDATE
The Brooklyn market continued its ascent this month as contract activity increased 8% since last month.
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APRIL 2021 MARKET UPDATE
March sets a record for the most contracts signed in a month in Manhattan since March 2007, and is the second highest month on record since 2004.
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March 2021 Market Update
The Manhattan market continues to strengthen and leverage is shifting from buyers towards sellers.
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GameStop’s Lesson for Real Estate — Slow and Steady Wins the Race
The recent volatility in a small number of heavily-shorted stocks, and the unprecedented trading restrictions that have followed, are stark reminders about stomach-churning equity market volatility.
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2021 Spring Supply Projections
There is a correlation between Supply and Listing Discounts. The higher the supply, the larger the listing discount. Coming off a decade-high supply, COVID uncertainty and a spring shutdown, buyers have gotten relatively steep discounts from sellers.
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February 2021 Market Update
Manhattan real estate continued it’s recovery in January 2021. More contracts were signed and less inventory came to market compared to January 2020.
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RESEARCH NOTE: WESTCHESTER TAX AUTHORITY
Elegran Insights seeks to empower prospective Westchester home seekers with a rapid method of property tax assessment and comparison to make more informed decisions.
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January 2021 Market Update
The rebound in Manhattan real estate continued throughout December, with data that shows robust activity.
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A Taxing Conversation
Why South Florida may not be a heaven for wealthy NYers.
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Media vs. Reality
What the sales data tells us.
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The Income Approach
A better mousetrap to property valuation.
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About Elegran Insights
Elegran Insights, the research arm of Elegran Real Estate, provides thought-provoking intelligence on timely and challenging topics related to the real estate market through full-service advisory for the industry and clients.