Posted by Jonathan J. Miller -Friday, May 11, 2012, 12:37 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
With all the hoopla about record low mortgage rates, the resurgence of entry-level buyers despite the headline-creating high end market, entering the “gray” area of rent versus buy, I thought I’d take a look at how falling mortgage rates impact the size of apartments being sold. The logic being that smaller apartments thrive as rates fall. I recognize that there is a lot more nuance in the size of what sells at any given time, but hey, this is Curbed…
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Posted by Jonathan J. Miller -Wednesday, May 2, 2012, 1:20 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
Since we are in some sort of rent versus buy gray zone right now, I thought I’d create a “gray” matrix showing the market share differences in location and apartment size based on the buy and rental market in Manhattan. This is not a rent versus buy analysis but rather a comparison between two distinctly different markets…
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Posted by Jonathan J. Miller -Tuesday, April 24, 2012, 11:11 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
By far the three most popular observations about the Manhattan housing market to date in 2012 are: “mortgage rates are at historic lows” and “listing inventory is tight” and…ok, there are just two that are worthy.
I thought I’d mash them together and see what happened since I’ve never made the direct association. Admittedly I was surprised with the visual that resulted….
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Posted by Jonathan J. Miller -Wednesday, April 18, 2012, 9:24 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
Since we’ve been fixated on the higher rental costs facing New Yorkers as of late, I thought I’d look at the the ownership side of the housing market and, specifically, monthly HOA fees.
I wanted to present a visual on how these monthly fees trended over the past 3+ years. I looked at the average monthly cost per square foot based on all the sales I had for each period…
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Posted by Jonathan J. Miller -Tuesday, April 10, 2012, 2:19 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
A continuing refrain in 2012 has been (no, not Linsanity) the shortage of Manhattan apartment inventory. Seems like everyone has been complaining about it. I thought I’d look at how 2012 was shaping up by parsing out the markets by bedroom size. I looked at the first 12 weeks of the year and compared it against the average of the three prior years. Although I’d rather average the last decade as a basis of comparison, my per unit historical only goes back to late 2008…
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Posted by Jonathan J. Miller -Thursday, April 5, 2012, 4:11 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
I’ve long been talking about entry-level sales being very responsive to changes in mortgage rates. I thought I’d attempt to show this by comparing entry-level (studio, 1-bedroom) apartment sales against the 30-year fixed rate over the past decade. This week’s release of the market report for 1Q 2012 brought the issue front and center since we saw the highest market share since 4Q 2009 and the share was higher than the balance of 2009 which I had previously dubbed “The Year of the First Time Buyer” due to the sharp drop in mortgage rates after the fall of Lehman and the federal tax credit for first time home buyers…
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Posted by Jonathan J. Miller -Wednesday, March 28, 2012, 10:00 PM
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It’s time to share my Three Cents Worth on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements.
Read today’s 3CW post on Curbed New York:
Next week we release the Manhattan 1Q 2012 market report. I’m sifting through the data now but I thought I’d take a shot at seeing ahead into the second quarter sales based on listing activity in the first quarter. I realize this is fraught with statistical pitfalls and I am using too many graphic elements in this one but hey, this is Curbed and I’m USING arrows…
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