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• The Disparity In The Quality Of Florida’s Housing Stock Is Expected To Widen
• The Long Term Challenge Is The Broader Cost Coverage Of Existing Homes
• Florida Has Some Of The Strictest Building Codes In The U.S.
• NYC Rental Prices Have Peaked And Rents Remain High But Are Drifting Lower
• National Rental Price Trends Are Still Rising But At A Lower Rate
• The Decline In Mortgage Rates And Expectation Of More Cuts Is Restraining Rental Prices
• 2024 Is Shaping Up To Be The Most Expensive Year For US Disaster Clean-Up
• The Frequency And Intensity Of Natural Disasters Is Ramping Up
• The Cost And Availability Of Insurance Will Have A Profound Impact On Housing
• A $20 Million Price Adjustment On A LIsting Is Not The Big Deal It Used To Be
• Properties At The High End Are Much Harder To Price
• Listing Discounts and Marketing Times Tend To Be Longer At The High End
• The US Dollar Is So Strong That Europeans Don’t See Discount In Our Real Estate
• In 2006, The Weak Dollar Brought In Many Irish Condo Investors
• Manhattan Always Tends To See A Base Level Of International Demand
• Helene Hit Seven States Hard But Only 0.8% Of Inland Homes Had Coverage
• Many, If Not Most, Can’t Afford To Rebuild After The Storm’s Flood Damage
• Many More Fatalities In Storm’s Path North Of Florida
• US Homeownership Rate Is 65.6%, Similar To The Monthly Average Since 1965
• The 5% Surge In US Homeownership During The Housing Bubble Caused A Foreclosure Surge
• New York State Has The Lowest Homeownership Rate While NYC Is Only 30%
• The Market Share Of Manhattan Cash Is Falling With Mortgage Rates
• The Higher The Purchase Price, The Higher The Probability Of Cash
• Manhattan September Contracts Surged 18% YOY
• By 2022, San Fran’s Millenium Tower Sunk 18 Inches And Tilted By 28 Inches.
• The $100 Million Fix Was Completed, And The Building Appears To Have Stabilized.
• The SF Chronicle Incorrectly Blames 45% Drop Of A Millennium Sale On Overall Market.
• Microsoft Purchasing All Electricity Generated At Three Mile Island To Power AI
• Nuclear Accidents At Three Mile Island And Chernobyl Stalled Expansion Of Nuclear Power
• No Apparent Adverse Impact On Local Housing Markets Yet, But More Research Needed.
![Brooklyn Sales Price [Average v. Median]](https://millersamuel.com/files/2024/07/3Q24Bklyn-avgMED-1200x794.jpg)
The post Brooklyn Sales Price [Average v. Median] first appeared on Miller Samuel Real Estate Appraisers & Consultants. [...]
This week I joined Jim Duncan and his colleagues at Nest Realty in Virginia. I've known Jim for years through our mutual online writings. His Jim's Note has always been [...]
