How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? Aug 2024 UPDATE: Cash buyers in new developments have rebounded to 71%, up from 2024 low of 61% in June. Resale...
Latest Posts
Manhattan co-ops maintain sales share, but condos get price premium (June 2024 Update)
Since the first Manhattan condo was launched in 1965, nearly 3,000 condos have been developed with 115,000 units. Before condos, though, Manhattan was filled up with co-ops. You might expect that condo sales would have...
How Mortgage Rates Influence Manhattan’s Resale Market
The residential real estate market in Manhattan is subject to various influences, with mortgage rates playing a significant role. Understanding how these rates impact the resale of condos and co-ops can provide valuable...
NAR Settlement Agreement PDF
This Settlement Agreement (“Settlement Agreement”) is made and entered into this 15th day of March, 2024 (the “Execution Date”), by and between defendant the National Association of REAL TORS®...
Marketproof – Year-End New Development Reports
Every year, Marketproof releases a year end report on the new development market in NYC. This year-end review delves into the latest trends and provides critical insights and key takeaways about the city’s...
Marketproof – Weekly New Development Newsletters 2023-2024
Each week Marketproof publishes an NYC new development newsletter. These reports provide the most update-to-date info on new development trends. Marketproof Pro subscribers receive these on the day they are published...
Marketproof – Monthly New Development Market Reports
Each month Marketproof publishes an NYC new development market report. They provide timely insight into which projects are getting the most sales. They also include a building of the month or actionable research...
REBNY Universal Co-brokerage Agreement: Jan 2024 Update
The REBNY Listing Service Universal Co-brokerage Agreement Rules and Regulations state the rules for co-broking in New York City. Co-broking is when a home buyer and seller’s brokers coordinate a deal. REBNY-Universal...
The Rise of Boutique Condos in Brooklyn
Boutique condominiums, usually with 10 or fewer homes in them, make up almost half of all the new housing supply in NYC. When we look at the developments that are currently being planned, Marketproof projects that...
AI IN REAL ESTATE
The Hudson Gateway Association of Realtors Inc. (HGAR), OneKey MLS and TitleVest recently hosted a virtual panel featuring several prominent New York real estate leaders to discuss the impacts of artificial intelligence...
Announcing Marketproof Pro AI Assistant
We are thrilled to announce that Marketproof has added an AI Assistant to the new Marketproof Pro. The initial capability of the AI Assistant is writing listing descriptions with the click of a button. Though many...
Who is lending where: Marketproof adds lender and loan originator information
We are excited to announce the addition of verified lenders and loan originators to Marketproof New Development & Condo. This represents one more step in our mission to make NYC real estate data and information...