In a July 6, 2024, New York Times article, “In Manhattan Real Estate, Cash Is Everything,” Ronda Kaysen and Ella Koeze explore the significant rise in cash home purchases in Manhattan. The article, drawing...
Author - Marketproof
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...
Manhattan Resale & New Development All Cash Buyers Tracking Chart (June 2024 Update)
How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? June 2024 UPDATE: Cash buyers in new developments dropped from over 70% to 63%, while resale cash buyers remained...
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...
WSJ Story Highlights Marketproof’s Insights into the Luxury Market
In a recent Wall Street Journal article, How to Make Sense of New York’s Confusing Luxury Home Market, Katherine Clarke illuminates the volatile and complex state of the New York City luxury real estate...
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®...
The Shocking Similarities Between 2009 and 2023 NYC Real Estate Markets
Guest post by Pierre Debbas Time heals all wounds, but when you look back 15 years ago, we experienced the worst financial crisis in America since the Great Depression. We lived in a world where subprime lending was...
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...