Posted by Jonathan J. Miller -Thursday, March 17, 2011, 3:39 PM
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It’s time to share my Three Cents Worth on Curbed DC, at the intersection of neighborhood and real estate in our Nation’s capitol.
…As a Manhattan real estate appraiser who grew up in the Washington, DC metro area, I thought it would be appropriate to link the two markets in my inaugural Three Cents Worth DC column for Curbed. One of the things that seems to be missing from the DC metro area housing market discussion is some historical context…
Three Cents Worth: Who Has The More Resilient Market: Washington Or New York?

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Posted by Jonathan J. Miller -Wednesday, March 2, 2011, 5:54 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…It’s been a while since I attempted to planetize Manhattan on Curbed, but I have a fresh Excel upgrade and went for it…
Three Cents Worth: The Manhattan Market Universe: A Year In Review

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Posted by Jonathan J. Miller -Tuesday, February 15, 2011, 7:10 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…This week I took a look at metrics covering apartments that sold above list price. During the boom several years ago it was the rallying cry for the market. It’s come up as a topic in a number of conversations I’ve had with real estate agents recently so I thought I’d look further into it…
Three Cents Worth: A Look at Overpaying in Manhattan

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Posted by Jonathan J. Miller -Wednesday, December 15, 2010, 6:37 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…One of the more pronounced trends of the past two years – the P.L.E. (Post-Lehman Era) – has been the wild swings in the types of apartments that have sold. Perhaps one of the better ways to view how manic this market has been is to look at total square footage sold. I went back 20 years and took the square footage of Manhattan co-op and condo sales and plotted them (red line) and trended them (gray line)…
Three Cents Worth: Manhattan’s Manic Square Feet

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Posted by Jonathan J. Miller -Tuesday, December 7, 2010, 2:55 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…There has been a lot of discussion about returning to a more normal (someone please define “normal”) market as compared to the insanity of the past two years, and perhaps all of 2003-2007 for that matter. To explore this idea, I took the % market share of sales for each quarter and compared it to the other three quarters in the same year over the past two decades…
Three Cents Worth: Manhattan’s Seasonal Sales Heartbeat

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Posted by Jonathan J. Miller -Tuesday, November 30, 2010, 9:57 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…This week I broke down the Island by region to see if listing levels changed, or if we are all in this together. The regions are parsed out in the same way that the sales are in our report series. It would be better to look at the neighborhood level but we’d see 25+ lines and the ire of Curbed readers for violating the 4-max data point rule. I picked the last 6 months rather than the entire year to focus on what is happening right now…
Three Cents Worth: Manhattan’s Wild (Upper) West Side Inventory

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Posted by Jonathan J. Miller -Tuesday, November 23, 2010, 10:46 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…This week I thought I’d match up the Manhattan housing [market] to the U.S. market and throw in a little New York City by way of absorption. Of course real estate is local (blah blah blah) but I thought I’d see what happens – we keep saying Manhattan is different than the rest of the country…
Three Cents Worth: Manhattan Absorbs The Turkey

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Posted by Jonathan J. Miller -Tuesday, November 16, 2010, 5:56 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…Its been a while since I looked at foreign exchange rates applied to Manhattan housing prices. I expanded a bit past the Euro and picked a handful of rates (complying with Curbed readers’ requirement of 4-or-less data points) to apply to Manhattan median sales price. With the weaker dollar of the past year, there has been a lot of talk and anecdotal discussion about foreign buyers in the market. It’s not as if Europe is booming these days, but the Euro is stronger than the dollar and that drives real estate activity here…
Three Cents Worth: Manhattan Market Gift Exchange

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Posted by Jonathan J. Miller -Wednesday, November 3, 2010, 7:45 AM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…Since the 2011 version of Microsoft Excel for Mac was just released, I thought I’d play with the new sparklines feature and create a table of square footage by apartment type for Manhattan co-ops and condos, combined to reflect the near term in addition to a trend chart for co-ops and condos separately over a longer period…
Three Cents Worth: Manhattan Square Footage Spark
It’s another twofer…

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Posted by Jonathan J. Miller -Wednesday, October 27, 2010, 2:34 PM
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It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.
…Now that the individual quarter results for the boroughs have been posted, I took a look at the market share for each of the five boroughs based on the number of sales and total dollar volume of sales by quarter. I began tracking Staten Island and The Bronx last year and built their historical data back to 2003 with the intention of trending the city each quarter and supplementing the three boroughs already covered. The intention is to weigh whether we are too Manhattan-centric as a proxy for the health of the city housing market as a whole…
Three Cents Worth: Manhattan Breaks Away From NYC
It’s a twofer…

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