Months Of Supply Provides Similar Results To The Various Hotness Indices Regional Differences In Market Performances Remain Who Came Up With “Hotness” As A Housing Market Term? I’m a subscriber to ResiClub, an excellent resource on the US housing market. They recently analyzed the Zillow Market Heat Index (ZMHI), which I tend to check in with periodically. My reluctance to rely entirely on Zillow...
Rising Homeownership Costs Push Average Age Higher First Time Homebuyers Average 38 Years Old, Up From Late 20s In The 1980s The Average US Homebuyer Is 56 Years Old Throughout my real estate career, beginning in the mid80s, I remember having conversations with real estate agents about how long buyers live in their homes, referred to as "tenure." The answer I received generally averaged about 7...
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...
The Quits Rate Is Normalizing Suggesting To Some Old Guard CEOs It's Time To End Remote Work NYC Metro Public Transportation Remains Down By Roughly OneThird Indicating WFH Is Entrenched Misuse of Terminology: Most Discussions About Remote Work Are Really About Hybrid Work Lately I've been reading a lot about companies forcing workers to return to the office (RTO) after 5 years of hybrid or...
• The Need To Stay Home Accelerated During Pandemic But Is A Two-Decade Trend
• Work From Home Is Not Going Away Because Amazon Says So
• U.S. Office Use Has Been Stuck At 50% For About Five Years
• The Median Age Of All Homebuyers Is 49, Up From 31 In 1981
• First-time Homebuyer Age Is Only Up About 6 Years Over The Past 43 Years
• Repeat Buyers Are Aging Because They Have More Housing Options
• Florida Buyers Purchased The Largest Share Of NYC Sales At Or Above $3 Million
• Florida Buyers Had The Third-Largest Share Of Out-Of-State NYC Buyers
• While NYC Buyers From New Jersey Topped All States, Their Share Collapsed
• Office building values have fallen by 70% or more as office rents plummet
• Vacancy rates of 20% do not nearly reflect the actual amount of vacant office space
• WFH pushed housing costs higher by enabling less compromise on location choices
The post 4-2025: 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 [...]
