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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...
NYC May End Up With An AntiReal Estate (Landlord/Developer) Mayor The Real Estate Industry Accounts For More Than Half Of NYC Tax Revenue NYC Rents Will Probably Continue To Push Higher In The Election Aftermath The NYC Democratic primary results gave the win to 33yearold state assemblyman Zohran Mamdani. The real estate industry was stunned by the results, especially after the winning...
The Construction Materials Industry Is Being Forced To Go Local At Higher Costs DIY Rehab Costs Skew To LowerIncome Homebuyers At A Higher Share Of Their Wages The Combination Of Tariffs, Higher National Debt, And War Will Keep Rates Elevated Today, there was a fascinating Wall Street Journal piece: America’s Biggest Cement Supplier Set to Make Its Market Debut [gift link]. It shows a way for the...
The Second Home Market Is Not As Bad As The Sales Drop Suggests The Fed Decided Not To Cut Rates But Possibly Two Later This Year LA Lot Sales May Tell The Story Of Normalizing Through The Smoke There is a lot going on, and I couldn’t decide on a specific housingrelated topic to focus on. Perhaps its more about my excitement, heading to Detroit tomorrow. So here’s a collection of the things I was...
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 [...]
