Subscribe to ‘Housing Notes’ to receive Jonathan Miller’s weekly insights and research.
• FEMA Enables Home Construction In High-Risk Areas By Pricing Out The Private Insurance Sector
• Sales And Prices Generally Normalize One Year After The Catastrophic Event
• More Affluent Consumers Enter The Impacted Housing Market
• Sales Of New 4-Bedroom Homes Account For Half Of New Home Sales
• Average Size Of New Homes And Lot Size Continues To Fall
• Wages Have Not Kept Pace With Housing Prices
• 2023 Had The Most Natural Disasters Over $1 Billion (infl.-adj.) In U.S. History
• One In Five Households Financially Impacted By U.S. Natural Disasters
• Homeowners And Renters With Lower Incomes Are Most Affected
• Co-op Board Power Over Sales Damages Market Value
• Creating Phantom Prices By Co-op Boards Distorts Public Record
• Co-op Boards Are Reason Co-ops Sell For Ten Percent Less Than Condos
• One Of Thirteen Sales, Or 7.5% Of All Sales, Is A Flip
• A Flip Is Defined As A Single Family Or Condo That Resells In One Year
• Flips Provide A Necessary Service To Maintain The Existing Housing Stock
• NAR Membership Is Wildly Bloated By “Ghost” MLS Members
• If NAR Membership Collapses, Research And DC Lobbying Efforts Will Stop
• Florida Has The Most Real Estate Agents Per Capita, And DC Has The Fewest
• The Fed Gives Housing Sales A Lift With Unexpected 50-Basis Point Cut
• The Fed’s First Rate Cut In Four Years Expected To Pull Mortgage Rates Lower
• Its A New Era With Six More Rate Cuts In The Forecast Through 2025
• A Manhattan Townhouse Set The Record For Time On Market [21 Years]
• The List Prices Of The Past 15 Years Trended Lower While Market Trended Higher
• The Housing Market Is Heartless And Doesn’t Care What Price You Need
• NYC Crime Rates Haven’t Fully Returned To Pre-Pandemic Levels But Are Lower Than Much Of The U.S.
• One-Third Of NYC Price Appreciation Due To Drop In Crime
• You Can Still Buy Strawberries At 3 AM In Manhattan
• Half Of Income Inequality Is Attributable To Dating Apps Since The Mid-90s
• App Usage Correlated To Emphasis On Luxury Real Estate
• Many Housing Markets Saw Greater Gains In Luxury Prices Over Remainder
![Brooklyn Sales Price [Average v. Median]](https://millersamuel.com/files/2024/07/3Q24Bklyn-avgMED-1200x794.jpg)
The post Brooklyn Sales Price [Average v. Median] first appeared on Miller Samuel Real Estate Appraisers & Consultants. [...]
This week I joined Jim Duncan and his colleagues at Nest Realty in Virginia. I've known Jim for years through our mutual online writings. His Jim's Note has always been [...]
