Time to read [5 minutes] The Wealth Gap Is Expanding Rapidly The Top 1% Own 50% Of The Financial Markets Luxury Real Estate Is Likely To Fair Better Than The Remainder A while back, I wrote about how the outlook for luxury housing seemed better than for the remainder of the housing market. One of the drivers of its outsized performance was the expanding wealth gap, which is a generational change...
Time to read [5 minutes] Resales At Billionaires’ Row Have Been Lackluster The Super Tall Luxury Market Never As Deep And Wide As Once Thought This Super Luxury Market Came To Life During The Perfect Credit Storm Vacation Week Note Hurricane Erin Both yesterday and today, my vacation town, Rehoboth Beach, turned cooler, dark, windy, and rainy, which forced my wife and me to do a lot of shopping...
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...
Wealth Gap Is Widening, And The USD Is Weakening, But No Expected Currency Play For Luxury Real Estate…Yet HighEnd Real Estate In Better Position To Weath Elevated Mortgage Rates Tariff Tantrums Will Keep Interest Rates Elevated In The Near Term A McKinsey report on the state of luxury showed how the value of luxury goods surged over the past five years. The fertile ground of an expanding wealth...
Mansion Global Turns Ten And Is Aligned Witwi A Housing Market Segment Favored Over Next Several Years Despite Ongoing Media Disruption, There Are Countless High Quality Real Estate Sources There Are Excellent Tools Available To Manage The Tsunami Of Housing Information Let's take a quick break from the heavy topics of the past couple of weeks since it's Friday! Here's a little story. More than a...
NYC’s Net Population Has Been Growing For The Past Two Years The Population Gains Largely Came From International Migration Anecdotal Real Estate Broker Feedback Seeing More International Buyers Validated By Data Before I moved to Manhattan, my Dad used to tell me that he could buy strawberries at 3 AM any time he wanted as a resident. After I moved there in 1986, I never had any urge to buy them...
There Was A $225 Million Home Sale In Naples, The 2ndHighest In US History US Imports From China Plummeting, Projecting NearEmpty Store Shelves In A Few Weeks Last Week's Weakening Dollar Translates Into A 20% Drop In US Value Whenever I think of or use the word “Damaged,” I think of a wildly underrated DC punk album by Black Flag. For about 25 years I played tennis with a group of mid to...
Housing Prices Are Rising Sharply On Long Island And The Hamptons Sales In The Long Island Suburbs Are Falling While Rising In The Hamptons Wall Street Record Profits/Bonuses Expected To Drive More Hamptons Sales Despite Financial Market Volatility I first heard the band Beruit play live at Lincoln Center with another favorite band, Calexico. The venue overlooked Central Park, and the entire...
Brooklyn Is Going Through A Global Rebranding, So Housing Prices Continue To Soar Brooklyn Listing Inventory Is Consistent With LongTerm Norms, Inadequate For Years The OftenCited “One Quarter Of Americans Have An Ancestor Born In Brooklyn" Is Not Confirmable. The Brooklyn housing market has remained vibrant relative to the rest of New York City in good and bad economic times, and it remains...
Ken Griffin Has Had Significant Influence Over The US Super Luxury Market "Vertical Travel" Is An Urban Real Estate Commuting Phrase Tariffs Are A Huge US Policy Mistake, Says Everyone Yesterday, I promised I would take a short break from tariff talk, so consider today's Housing Notes as a partial palette cleanser. Admittedly, I've only eased off nominally since I included two mustwatch videos on...
The post 9-2025: Manhattan Months of Supply by Price (By Region) 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 [...]
