Real Estate

Aug. 27, 2024

What's the Impact of Presidential Elections on the NYC Housing Market?

As we approach the next Presidential election, it's natural to wonder how the outcome might influence various aspects of life, including the housing market. If you're thinking about buying or selling a home in Manhattan or other parts of NYC this year, you might be asking yourself how ...

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Oct. 30, 2023

5 Things To Consider When Buying an Apartment in a Manhattan Co-op

Before diving deep into your home search in a Manhattan co-op, here are 5 key considerations to consider:

 

1. Financials: Co-op boards in Manhattan typically have strict financial requirements. Buyers should be prepared to provide detailed documentation of their income, assets, and debt. It's important to have a ...

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Oct. 2, 2023

Manhattan Luxury Real Estate Market Update September 24, 2023

For the week of September 18th to September 24, 2023, 8 contracts were signed for $4M and above, the lowest week total since the Week of August 15th 2022. The total dollar volume was the lowest since the $37M during the pandemic. The top apartment was listed at $7 ...

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May 10, 2023

The NYC Buyer’s Guide To Closing Costs

Buying an apartment in Manhattan is an excellent long-term investment. Over time, you can grow your equity in one of the world's most exciting and profitable cities.

Times square

Whether purchasing your NYC home in

cash or using a mortgage, Manhattan real estate comes at a premium. On top of the ...

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March 10, 2023

Manhattan Luxury Real Estate Market Update March 5, 2023

For the week of February 27th to March 5th, 2023, 31 contracts were signed for $4M and above, 8 more than the previous week's count. It’s the second time we exceeded more than 30 contracts signed this year. The top apartment was listed at $14,500,000 for the ...

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Feb. 23, 2023

NYC Housing Market: 2023 Predictions, Outlook, and Trends

The New York City housing market offers buyers and sellers abundant opportunities to build wealth and enjoy a premier urban lifestyle, from Uptown to the Financial District and from the East River to the Hudson.

 

A global center of finance, Manhattan has historically experienced a robust economy with competitive ...

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Jan. 30, 2023

Highway to the buyer zone

Are we on the highway to the buy zone? It appears that we are in the buy zone and on our way out. Here is why.   The chart here is called a market pulse. It's a metric we use to determine whether or not it's a buyers’ ...

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June 14, 2022

Is the Housing Market Correcting?

Is the Housing Market Correcting?

Jeff Cohen Is the Housing Market Correcting

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know ...

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Posted in Real Estate
June 14, 2022

Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence | MyKCM

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership ...

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Posted in Real Estate
April 14, 2021

Luxury Manhattan Market Report

Manhattan Residential Listings over $4 Million

Contracts Signed

Week of April 5th - April 11th, 2021

In the Manhattan Luxury Market, which we refer to as $4 Million and above we had Fifty One (51) contracts that were signed last week. That is a total volume of $455 million, an average ...

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