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Time to read [7 minutes] Florida Inventory Entering The Market By Higher Amounts Restraining Price Gains Mortgage Rates Won’t Likely Drop By A Meaningful Amount For About A Year Tariffs Are Starting To Create Inflation, And Chatter About Replacing The Fed Chair Seems To Be Noise Today, our secondquarter Florida market research for 14 markets was published by Douglas Elliman. With the humidity...
Time to read [4 minutes] We Are At Peak Private Credit So Are We At Peak Private Listing Hype? Mortgage Applications Continue To Rise The iBuyer Hype Cycle Is Over, Now Its AI’s Turn This week I found myself with a lot of odds and ends and podcasts of topics lying around, so I thought I’d share them all in a piecemeal way to clear the deck. Notorious POD: Private vs. Public...
Time to read [7 minutes] US iBuyer Market Share Is Probably Around 1% As Some Local Markets Are 5% iBuyer Hype Falsely Besieged The Brokerage Industry A While Back Billions Of Investment Isn’t Necessarily A Guarantee Of Success, Just FOMO The year 2021 was "peak iBuyer" when many real estate brokers probably thought that 50% of their industry was going to go in this direction, and they would be...
Time to read [4 minutes] One In Five Families Acquired A New Pet During The Pandemic Pet HOA Rules That Favor Pet Owners Can Alienate NonOwners Of Pets Nearly TwoThirds Of Households Have A Pet Coming out of the pandemic and the isolation it created, pets went from companion status to family members. One in five families acquired a pet during the pandemic, and now 63% of families own a pet. For...
Time to read [4 minutes] The FARE Act Raised NYC Rents About 12%, Annualized Manhattan Median Rent Was Highest In History In Four Of Past Five Months One Out Of Four Manhattan Rentals Leased For More Than Asking Price Well, the rental month of June is over [gift link], and the FARE Act is officially embedded into the rental market (tenants will pay broker commissions in the form of higher rent...
OBBB Raises The SALT Deduction To $40,000, Reducing Cost Of Homeownership The $750 Cap On Mortgage Interest Deductions Is Made Permanent For 1st/2nd Loans Those Who Put Less Than 20% Down Can Deduct Mortgage Insurance The federal government's One Big Beautiful Bill (OBBB) became law on July 4th, resulting in the most significant transfer of wealth from lower and middleincome Americans to the...
Manhattan Cash Sales Surge To A Record 69.1% Market Share Listing Inventory Saw Modest 3.1% Annual Gain As Luxury Fell 21.2% Sales Jumped 16.6% Annually To Highest Level In Nearly Two Years My headline is somewhat misleading. The Manhattan housing market had firm results for Q2 [gift link] in contrast with the ontheground sentiment of the real estate community. One thing I...
Private Capital Use Is Surging On Wall Street And So Are Private Listings In Real Estate Private Listings Are One Sided And A Pure Business Decision Exclusiveness Of Availability Doesn’t Affirm Higher Value I was reading Michael Batnick’s post, “The Relentless Ask ,” on his blog and listening to his podcast interview as well as borrowing a piece of its title for this post, “Private Markets...
US Listing Inventory Has Popped In The Past Three Weeks When Every Listing Is Not Generating Interest, It's Not The Price Sometimes Lowering A Listing Price Won't Move It Faster When a property listing fails to generate interest in its first several weeks, the agent may think the price is too high and consider lowering it. If other houses in the competing area are receiving offers, it's a good...
NYC Tourism Is Expected To Drop By 800,000 Visitors In 2025, Mostly Canadians The Florida Gulf Coast Is Experiencing A Sharp Drop In Visits By Canadians International Tourism To The US Has Plummeted In 2025 From Harsh And Inconsistent Immigration Policies I’ve always felt a strong connection to Canada. My Mom was born in Montreal and became a US citizen when she was thirteen. When our four kids...
The post 6-2025: Manhattan Months of Supply by Price first appeared on Miller Samuel Real Estate Appraisers & Consultants. [...]
![[Podcast] Episode 4: What It Means With Jonathan Miller](https://millersamuel.com/files/2025/04/WhatItMeans.jpeg)
Episode 4 is out! I touch on the 2 scandals coming out of the Appraisal Institute and more on tariffs. I spoke at a new development real estate event in [...]
