Manhattan Luxury Investors Chase Returns That Never Materialize, Says 30-Year Broker
Many investors entering Manhattan’s luxury residential market continue to expect rental yields that the city has never produced — and likely never will —...
How Historic Property Rules Are Stalling Deals in Rural Luxury Markets
Rising renovation costs and strict preservation rules are causing a spike in failed transactions in some of the country’s most sought-after rural luxury markets....
How Rising Interest Rates Eliminated Mortgage Arbitrage in Luxury Second Home Markets
Rising interest rates have dramatically changed how affluent buyers approach real estate in secondary markets, according to William Melnick, associate agent at Elyse Harney...
Bergen County New Construction Costs Push Home Prices Above $3 Million, Broker Says
The economics of new construction in Bergen County have shifted significantly, making it viable only at much higher price points than in the past....
Mountain Market Reality Check: How Jackson Hole’s Unique Constraints Shape Luxury Real Estate Investment
Jackson Hole’s real estate market operates on a different set of rules than almost any other in the country. With 97% of Teton County...
Manhattan Market Breaks Winter Lull as International Buyers Fuel Activity
Manhattan’s residential real estate market is defying its usual seasonal slowdown, with activity surging since November and continuing through the typically quiet winter months....