Sales Market News — thetakkteam

June 2025

May 2025

April 2025

March 2025

February 2025

January 2025

October 2024

September 2024

August 2024

July 2024

June 2024

May 2024

April 2024

March 2024

February 2024

January 2024

December 2023

November 2023

October 2023

September 2023

August 2023

July 2023

June 2023

May 2023

April 2023

March 2023

February 2023

January 2023

December 2022

November 2022

October 2022

September 2022

August 2022

July 2022

June 2022

May 2022

April 2022

March 2022

February 2022

January 2022

Screen Shot 2018-07-17 at 12.48.50 PM.png

Is Now a Good Time to Buy a House? (Redfin)

Investors Are Selling a Record Share of Homes To Cut Their Losses—Especially in These 5 States (Realtor.com)

Should You Buy or Rent a Home in 2025? A Decision Guide (US News)

NYC luxury real estate brokers reveal outrageous client demands (NYP)

The Housing Market Was Supposed to Recover This Year. What Happened? (NYT)

Is It a Buyer’s or a Seller’s Market? (US News)

New York City Luxury Market Booms With the Most Signings in a Single Week Since 2021 (Realtor.com)

New York City’s Trophy Market of $10 Million-Plus Homes Shows Signs of ‘Weakness’ After ‘Wild Swings in the Stock Market’ (Realtor.com)

An upstate New York county has become home to the hottest real estate market — and it’s a world apart from NYC (NYP)

Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low (Redfin)

What a Recession Would Mean for Mortgage Rates (US News)

The Inventory Dilemma: Why Existing-Home Sales Are Falling Short (NAR)

Manhattan’s luxury real estate market sees best first quarter in six years (CNBC)

Luxury Condo Sales in This Major Metro Jumped 35% in a Year—and It’s Not Just Florida (Realtor.com)

New York Real Estate’s Q1 2025: A Market In Gradual Recovery (Forbes)

Housing Market Predictions For 2025: When Will Home Prices Drop? (Forbes)

The theatrical Benihana chain restaurant has sold its corporate condo in NYC for a nearly $1M loss (NY Post)

The NYC studio space of one of the world’s most famous pop artists has sold for $5.5M (NY Post)

This $60M aerie is the priciest apartment ever sold in downtown Manhattan (NY Post)

A handsome home inside NYC’s very first co-op has listed for $6.6M — and it comes with keys to a coveted private park (NY Post)

NYC’s Real Estate Market Is Going From ‘Defense to Offense’ in 2025 (Commercial Observer)

The Power Of Tenacity In Real Estate Success (Forbes)

Home sales up on Staten Island, but inventory shortage worsens (The Real Deal)

6 Reasons Why It Makes Sense To Sell a Home Right Now—Before the Spring Rush (Realtor)

Home Tours Rise Modestly to Start 2025, But That Hasn’t Translated to More Sales (Redfin)

New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From (Redfin)

Sales of Co-ops and Luxury Condos Expected to Rebound in 2025 (Habitat)

The Super Rich Go Crazy For New York's Luxury Real Estate As $11 Billion Changes Hands (Yahoo Finance)

The pandemic-era housing boom is still roaring in this pocket of upstate New York (NYP)

Mortgage rates are still increasing — is this a good time to buy a house? (Yahoo Finance)

Homes for sale in short supply as there’s now 30 renters for every house on the market in US (New York Post)

From Summer Lull To Autumn Bounce: New York Real Estate In Q3 2024 (Forbes)

Rudy Giuliani slashes price of NYC home by nearly $1M in last-ditch bid (New York Post)

Where Are New York City Buyers Coming From? (NYT)

New York City Transaction Volume Poised To Rise: Here’s The Opportunity (Forbes)

Real Estate’s Sluggish Summer Will Give Buyers a Jump in the Fall (Realtor.com)

As New York Goes, So Goes The Country? Data Shows The NYC Commercial Real Estate Market Is Improving (Yahoo Finance)

Just 2.5% of U.S. Homes Changed Hands This Year, The Lowest Rate in Decades (Redfin)

Big changes to how you buy and sell a home go into effect today: What you need to know (CNN Business)

Real Estate Pros Must Report Residential Cash Sales Under New Anti-Money Laundering Rules (CoStar)

Existing Home Sales Rose 0.6% Last Month, But Were At the Lowest July Level on Record (RedFin)

How the NAR Settlement Is Changing Homebuying and Selling (U.S News)

NYC Apartment Sales Market Roars Back To Life (Bisnow)

Manhattan roars back in new development sales (The Real Deal)

Manhattan is now a 'buyer's market' as home prices fall with more than 8,000 apartments still available (New York Post)

Occupiers, Conversions, Bloomberg Give NYC Office Sales Market A Boost (Bisnow)

Brooklyn co-op and condo median sales price hits record high of $990,000 (Brick Underground)

Over $21B in deals since 2021: NYC’s office market isn’t dead (The Real Deal)

Manhattan Home Sales Unexpectedly Rise as Buyers Cave on Rate Cuts (Bloomberg)

Is the housing market going to crash? What the experts are saying (Bankrate)

New NYC Condo Sales Rose in May to Pre-Pandemic Levels (The Real Deal)

NYC office property sold at 67% discount in short sale (Mortgage Professional America)

How do I find the right asking price to sell my co-op quickly? (Brick Underground)

Buyers Snap Up Aging and Empty Office Buildings for Deep Discounts (The New York Times)

Home prices begin to cool as active listings jump 35% (CNBC)

Rents Rise for NYC's Stabilized Apartments (Globest)

Brooklyn Dominates NYC’s Industrial Property Market (The Real Deal)

Sponsor Sales Dominate Manhattan Luxury Market (The Real Deal)

Manhattanxury market stumbles amid April sales drop (Crain’s New York Business)

At The Speed Of Light: New York City Rentals Fly Off The Shelves While The Sales Market Is... Unique (Forbes)

New York’s hottest home market is the off market (The Real Deal)

High Mortgage Rates Boost Cash Buys, and Co-Op and Condo Buyers Pay Less (Habitat Magazine)

Manhattan Co-Op and Condo Sales Drop, Prices Rise a Bit (Habitat Magazine)

Cash Deals Dominate Manhattan Resi's Slow Q1 (The Real Deal)

Manhattan’s luxury market stumbles amid April sales drop (Crain’s New York Business)

Why New York City's Condo Market Is an Uncertain Balancing Act (The Real Deal)

Luxury Homes Sales Dip in NYC, But Rise in Miami, Boston, LA (The Real Deal)

Condo Sales at the Greenwich in NYC Start After 7-Year Pause (Bloomberg)

New Condo Market Grows Despite Uptick in Mortgage Rates (The Real Deal)

Manhattan’s Luxury New Development Sales Are Lagging Behind Last Year (Mansion Global)

NYC Apartments Go on Sale for 50% Off Due to Tougher Rent Control (Bloomberg.com)

NYC Hotels Flourish Post-Airbnb Ban, Housing Market Stalls (The Real Deal)

How Low Can It Go? Finding Value In New York City Apartment Building Sales (Forbes)

Commercial Sales Swoon Eats at MTA Budget (The Real Deal)

Chill in the Housing Market Seeps Into Other Industries (The New York Times)

New York's Mid-Market I-Sales Of The Week (The Real Deal)

Luxury Sales In Manhattan Fell in '23 But Were Above Average (The Real Deal)

Manhattan Home Prices Rise in Early Sign of a Market Rebound (Bloomberg)

The Race Is On: Five Data Points That Prove That Manhattan's Buyer's Market Is In Its Final Lap (Forbes)

NYC's Commercial Brokers and Owners Look Back on a Terrible 2023 (Commercial Observer)

Manhattan Sees Mid-December Uptick in Luxury Home Sales (Mansion Global)

Lower interest rates in 2024 could boost condo sales, reduce apartment rents (Crain’s New York Business)

Foreign investment in NYC tripled in 2023 (The Real Deal)

Real Estate Industry Facing Pushback to Longstanding Rules Setting Agent Commissions on Home Sales (USN)

How much you pay to buy or sell a home may be about to change. Here's what you need to know (USA Today)

Home sales fell to a 13-year low in October as prices rose (CNBC)

US home sales on pace for the worst year since 1993 (CNN)

New York Real Estate In Q3 2023: A Wild Ride For Buyers And Sellers (Forbes)

U.S. Home Prices May Be Down But These Markets Are Still Soaring (US News)

How South Florida is winning the nation’s real estate war (NYP)

New condo sales dip below pre-pandemic levels (The Real Deal)

A Real Estate Trust Bought Dozens of Brooklyn Brownstones. Now It Wants Out. (City Limits)

Once the most expensive home in the US, this NYC penthouse just got a $55M price cut (NY Post)

22 Years After 9/11, Real Estate Helped Pick NYC Back Up Again, And We’re Still Working At It (Forbes)

Where the pain is: Resi slump hits these NYC markets hardest (The Real Deal)

How to sell faster in a slow NYC sales market (Brick Underground)

Australian REIT quietly unloading $1B NYC portfolio (The Real Deal)

New York Housing Market 2023: Trends & House Prices (Forbes)

Old is gold: Manhattan’s priciest resales trounce new development (The Real Deal)

Manhattan Luxury Real-Estate Market Heats Up (WSJ)

New York housing market inventories see declines for first time in 11 years: Realtor (Yahoo Finance)

Well-Priced Inventory Is Low: New York Real Estate In Q2 2023 (Forbes)

New York housing market remains cool as low inventory and higher borrowing costs persist (Yahoo Finance)

Manhattan's Central Business District: A Real Estate Jackpot? (Yahoo Finance)

US New-Home Sales Surge to Fastest Pace in More Than a Year (Yahoo Finance)

Manhattan, Brooklyn markets boom in May (TheRealDeal)

Even NYC Real Estate Brokers Think Fees Have Gotten Bonkers (The Daily Beast)

Cash buyers claim record 60% of Manhattan condo sales (TheRealDeal)

New condo sales slowed in April, especially in the luxury market (TheRealDeal)

Brokers’ Confidence in NYC Commercial Real Estate Market Hits All-Time Low (Commercial Observer)

New York City’s Most Expensive Neighborhoods (The New York Times)

Buying or Selling a Home? Welcome to the Year of Disappointment (The New York Times)

The housing market is close to bottoming and that will help the US avoid a bad recession, Morgan Stanley says (Markets Insider)

Manhattan real estate sales plunge 38%, but cash deals hit all-time record (CNBC)

An NYC real estate investor explains why the 'golden age' of being a landlord is over and he's switching to 'safer' investments (Business Insider)

Real estate leader on NY Fed board warns on commercial real estate risks (Yahoo Finance)

Bank Crisis Could Cast Pall Over Commercial Real Estate Market (The New York Times)

What to do with your money now that the Fed just raised rates for the ninth time (CNN)

Your Thursday Briefing: U.S. Raises Interest Rates (The New York Times)

Buyers Are Flocking to NYC’s Suburbs. Too Bad There Aren’t Many Homes to Sell.(Bloomberg)

US home sale plunge bottoming out, but prices still in freefall: expert (New York Post)

When It’s Easy to Be a Landlord, No One Wants to Sell (The New York Times)

Commercial Real Estate is in Distress (The Real Deal)

Real Estate CEOs, Economists & Other Experts Predict a “Less Crazy” Housing Market in 2023, But Expect Any Improvements to be Gradual (Yahoo Finance)

Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market (CNBC)

Manhattan’s apartment market froze in the fourth quarter (The Real Deal)

NYC Property Values Are Seen Rising 6.1%, Boosted by Single-Family Homes (Bloomberg)

Fed Raises Interest Rates Half a Point (CNBC)

“Collapse” in Home Prices is Coming, Experts Say (Axios)

What Should New York Homebuyers Expect in 2023? (Curbed)

A Housing Market Hangover (The New York Times)

Where Are New York City Home Prices Changing the Most? (The New York Times)

As Home Prices and Mortgage Rates Stay High, Prospective Buyers Put Down Payments on Ice – WSJ (Wall Street Journal)

Manhattan Officially Enters a Buyer’s Market (Brick Underground)

Home sales tumbled in November (CNBC)

Manhattan apartment sales declined 18% in third quarter, as rates rose and markets fell (CNBC)

Multifamily deals dominate strong week of NYC i-sales (The Real Deal)

Manhattan Home Sales Drop Below Pre-Covid Normal as Rates Bite (Bloomberg)

More Downtown, More Tech Workers, More Dishwashers—New York Luxury Housing Is a Changed Market Post-Pandemic (Mansion Global)

Manhattan apartment sales fell 18 percent in latest quarter as interest rates soared (New York Post)

Outer-borough resi sales gain ground on Manhattan (Crain’s New York Business)

US housing market downturn to worsen in 2023, Goldman Sachs warns (Fox Business)

Hugh Jackman Swaps West Village Home for Chelsea Penthouse (The New York Times)

‘Emotionally Paralyzed’ New York Home Buyers Are Backing Out of Contracts (CURBED)

Are We Facing a Global Housing Crisis? (The Epoch Times)

Crashing Back To Normal: The Manhattan Real Estate Market (Forbes)

Here’s why buying a co-op is so iffy (The Washington Post)

New York City’s Retail Investment Market is Poised for Greater Activity (Rebusiness Online)

This Year’s Hot Real Estate Market May Come with Big New Capital Gains Taxes for Home Sellers (Vista Today)

A Pair of Co-ops Sold for $101 Million as the Market Returned to a Boil (The New York Times)

Manhattan apartment sales fall 30% in June, but prices remain high (CNBC)

Highest Mortgage Rates Since 2008 Housing Crisis Cool States (The New York Times)

Q2 2022: The Quarter Is Marked By A Slowdown For New York Real Estate (Forbes)

Manhattan Apartment Sales Drop, An Ominous Sign For NYC Real Estate Market (The Epoch Times)

A Perfect Storm For New York City Real Estate Buyers? Get Ready! (Forbes)

NYC homes are selling at their fastest pace in 6 years: study (New York Post)

Could a housing slump threaten the stock market and the entire economy? (CNN)

Empty Wall Street Offices to Be Revived as Apartments (The Wall Street Journal)

China’s Once-Sizzling Property Market Has Started to Cool (The New York Times)

Masinter’s Dallas-based Open Realty sells to New York firm Newmark (Dallas Morning News)

Homes for Sale in New York and Connecticut (The New York Times)

Skaneateles Lake estate sells for $6.75 million, among highest on record (Syracuse)

Mortgage rates are rising, but the hot housing market is slow to cool (The Washington Post)

Homes That Sold for Around $400,000 (The New York Times)

Getting your contract signed: NYC's seller's market amps up pressure to make deals happen faster (Brick Underground)

New York Real Estate Market Remains A Juggernaut In The First Quarter (Forbes)

Opendoor Starts Flipping Homes in NYC Suburbs as It Hunts Growth (Bloomberg)

A Childhood Home of Gloria Vanderbilt Finally Finds a Buyer (The New York Times)

Why So Many People Became Real Estate Agents in the Pandemic (The New York Times)

The New Queens And Kings Of New York City Real Estate (Forbes)

Top 5 NYC Multifamily Building Sales—February 2022 (Multi-Housing News)

Homes That Sold for Around $1 Million (The New York Times)

New York elites are snatching up luxury real estate using a method that's against many realtors' code of ethics (INSIDER)

Pandemic pricing is over. Manhattan real estate prices were near record highs last year (CNN)

A Limestone Mansion on the Upper East Side Sells for $56 Million (The New York Times)

From LA to NYC: Top Real Estate Agents Dish on Selling the Luxe Life (VARIETY)

Homes That Sold for Around $1.5 Million (The New York Times)

Existing-home sales leapt 6.7% in January (The Real Deal)

In 2021, New York’s Housing Market Made a Stunning Comeback (The New York Times)

Top 5 Predictions For NYC’s Luxury Real Estate Market In 2022 (Forbes)

A Frenetic Housing Market in the Suburbs, and Then a Cooling Off (The New York Times)

A Strong Ending in 2021 for Manhattan’s Luxury Market (The New York Times)

Manhattan real estate breaks record in 2021, reaching $30 billion in sales (CNBC)

The Takk Team at Compass DOES require a pre-approval letter from a lender before submitting a purchase contract for financed offers. For cash offers, documented proof of funds can be provided by a financial institution or attorney.

The Takk Team at Compass DOES NOT require that our agents ask for ID from our Buyers.

The Takk Team at Compass DOES NOT require buyers to sign Buyer Agreements.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of data, tax law, real estate law provided, and Compass & Real Takk, Inc. expressly disclaims any liability in connection with accuracy of information pertaining to tax law, real estate law, & real estate data. Please refer to your tax & legal professionals for final verification of subject figures.

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. © Compass. All Rights Reserved. 2012-2018 · Made in NYC