Elegran Real Estate
Elegran Real Estate
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Our blog, Elegran Insights features Thought-provoking intelligence on the real estate market. Written by established market experts, these articles bring you up-to-date news information and thorough analyses of current industry trends. We are an independently-owned real estate brokerage company that specializes in residential sales and leasing in New York.
Marsha Reid | Unsplash Contract Volume and New-to-Market Supply Normalize This Week It was a typical week for the Manhattan and Brooklyn real estate market. Contract activity and new properties entering the market remained consistent with recent levels.
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5d ago
Weekly Manhattan & Brooklyn Market Update: 4/15 ..read more
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The Blowup | Unsplash Heading into Easter, Contract Volume Dips, Yet Consumer Sentiment Remains Strong Heading into the Easter holiday, the Elegran | Forbes Global Properties NYC Consumer Sentiment Index decreased from +51 to +40 this week as 243 contracts were signed in Manhattan and 134 in Brooklyn, a decrease of 13% and 15%, respectively, compared to the prior week.
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2w ago
Weekly Manhattan & Brooklyn Market Update: 4/1 ..read more
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Leslie Cross | Unsplash Overall Manhattan Market Update: April 2024 Demand Rises MoM, Falls YoY, and Continues to Outpace Supply Despite dashed and delayed Fed rate cut expectations and rising interest rates, contract activity in Manhattan increased by 13% in March compared to February.
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2w ago
Elegran Manhattan Market Update: April 2024 ..read more
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Enzo Ticà | Unsplash Overall Brooklyn Market Update: April 2024 Demand Rises MoM, Falls YoY, and Continues to Outpace Supply Despite dashed and delayed Fed rate cut expectations and rising interest rates, contract activity in Brooklyn increased by 19% in March compared to February.
Elegran Real Estate
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2w ago
Elegran Brooklyn Market Update: April 2024 ..read more
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Megan Bucknall | Unsplash New-To-Market Inventory Surges This Week The Elegran | Forbes Global Properties NYC Consumer Sentiment Index decreased from +45 to +19 this week as 206 contracts were signed in Manhattan and 137 in Brooklyn, a decrease of 15% and an increase of 1.
Elegran Real Estate
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2w ago
Weekly Manhattan & Brooklyn Market Update: 4/8 ..read more
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Joe Taylor | Unsplash Manhattan Sees Highest Contract Signings in 10 Months, Brooklyn Breaks 9-Month Record Amidst Growing NYC Real Estate Demand The Elegran | Forbes Global Properties NYC Consumer Sentiment Index increased from +33 to +47 this week as 278 contracts were signed in Manhattan, a record in the last 10 months, and 158 in Brooklyn, a record in the last 9 months.
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3w ago
Weekly Manhattan & Brooklyn Market Update: 3/25 ..read more
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Benno Klandt | Unsplash Did you know sellers wield considerable influence over the market dynamics? It all comes down to how they choose to price their property. Setting a price is more than just setting one; it's about strategically positioning oneself in either a Buyer's Market or a Seller's Market.
Elegran Real Estate
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3w ago
Unlocking the Power of Pricing: How Sellers Shape the Market ..read more
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Josh Wilburne | Unsplash Buyers: More Choices, More Competition  Demand Remains Strong: The positive sentiment of +21 in the Elegran | Forbes Global Properties NYC Consumer Sentiment Index indicates consumer optimism. This positive sentiment is reflected in the weekly contract volumes, with Manhattan maintaining contract volume above 200 and Brooklyn witnessing a significant 15% surge compared to the previous week.
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1M ago
Weekly Manhattan & Brooklyn Market Update: 3/11 ..read more
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Sherzod Max | Unsplash Contract Activity Rebounds Post-Holiday Week Following the holiday week, contract activity rebounded, maintaining the upward trend seen in recent weeks as spring approaches. The latest Elegran | Forbes Global Properties NYC Consumer Sentiment Index data shows a positive sentiment of +19 this week.
Elegran Real Estate
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1M ago
Weekly Manhattan & Brooklyn Market Update: 3/4 ..read more
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Dan Gold | Unsplash Overall Manhattan Market Update: March 2024 Data courtesy of UrbanDigs Demand Remains Strong Amidst Stubborn Interest Rates Despite persistent challenges posed by fluctuating interest rates, demand for Manhattan properties remained robust in February.
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1M ago
Elegran Manhattan Market Update: March 2024 ..read more
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