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...
Hamptons Rental Leasing Is Probably Down Due To Robust Sales And Uncertainty Hamptons High End Rentals Are Where The Slow Down Is Concentrated Anecdotal, While Not Hard Data, Is Probably More Useful Than Ever There was a news headline about a 30% drop in the Hamptons rental market that went viral this week. The rental drop referred to transactions, not prices and seemed to suggest that...
NAR’s Housing Affordability Index Is A Trade Group Stunt Rising Income Playing A Large Role In Softening Damage Of High Mortgage Rates Housing Affordability Is At Crisis Levels But Millions Are Still Buying Homes Nearly 12 years ago, my friend Barry Ritholtz wrote a takedown on NAR’s Housing Affordability Index. His conclusion? It’s worthless and still worthless, citing only one month back during...
New York City Seems To Be Impervious To The Tariff Tantrums So Far Some Markets Are Experiencing A Marked Slowdown In Contracts New Listings Are Either Being Withdrawn Or Added In Large Numbers There are lots of stories coming out of the brokerage community about properties being delisted or deals blowing up attributable to the Tariff Tantrums the world is currently enduring. I’ve been talking at...
The Tariff Tantrum Is Pushing Mortgage Rates Higher Higher Mortgage Rates Push Rental Prices Higher Higher Economic Risk Restrains The Upswing In Housing Demand Over the last couple of days, even the uncertainty about the economy has uncertainty. It’s the incredible volatility that is causing the damage; not how much the financial markets may rise or fall in a day. It’s become evident that there...
DOM Using The Last Price Change Is Far More Useful Than Using The Original Date DOM Is A More Powerful Metric When Used With Price Or Supply DOM Usually Measures An Accurately Priced Listing In all my published research, I strive to measure Days on Market (DOM) as the number of days between the last price change and the contract date. More than twenty years ago, a Dow Jones Newswire reporter got...
There Is A Professional Thank You Industry, And It Is Counterproductive After Completing A Customer Service Transactions, Most Consumers Are Subject to A Survey Battering The Consumer With Texts And Emails Offsets The Good Service Provided I'm still in Detroit and can't find any postcards to send you, but I was thinking about our world of Google reviews. I am so thankful you found and subscribed...
• Owners Of Homes Used For Movie Sets Can Get $10 Thousand Per Day
• A Home’s Movie Legacy Probably Doesn’t Add A Value Premium At Sale
• The Hassle Of The “Home As Movie Set” Experience Isn’t For Everyone
• 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
• 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.
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 [...]
