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[Three Cents Worth NY #240] Manhattan Market Tighter for Rest of Us

Posted By Jonathan Miller On August 8, 2013 @ 12:09 pm In Blogging Off The Matrix,Curbed: 3 Cents Worth,Manhattan | Comments Disabled

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out my 3CW column [3] on @CurbedNY:

Back from a too-short vacation and thought I’d veer away from luxury marketspeak and focus on “non-luxury”—that little 90 percent of the market that doesn’t get enough attention. Today there’s a story out on the Manhattan “non-luxury” market using the data in these charts. It basically shows that when you remove the top 10 percent of the market from the housing data, pace of absorption and collapse of inventory is much more severe than when presented together…

[4]

[click to expand chart]

 


My latest Three Cents Worth column on Curbed:
Manhattan Market Tighter for Rest of Us [Curbed [3]]

Three Cents Worth Archive Curbed NY [5]
Three Cents Worth Archive Curbed DC [6]
Three Cents Worth Archive Curbed Miami [7]


Article printed from Miller Samuel Real Estate Appraisers & Consultants: http://www.millersamuel.com

URL to article: http://www.millersamuel.com/three-cents-worth-ny-240-manhattan-market-tighter-for-rest-of-us/

URLs in this post:

[1] Curbed NY: http://ny.curbed.com/

[2] capital of the world: http://www.nyc.gov/html/lmec/html/about/nycapital.shtml

[3] my 3CW column: http://ny.curbed.com/archives/2013/08/07/three_cents_worth_manhattan_market_tighter_for_rest_of_us.php

[4] Image: http://www.millersamuel.com/files/2013/08/3cw8-7-13.jpg

[5] Curbed NY: http://ny.curbed.com/tags/three-cents-worth

[6] Curbed DC: http://dc.curbed.com/tags/three-cents-worth

[7] Curbed Miami: http://miami.curbed.com/tags/three-cents-worth

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