[Three Cents Worth #248 NY] Manhattan’s Labor Day Listing Bottom

Posted by Jonathan Miller - Friday, October 4, 2013, 10:20 AM

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

Check out my 3CW column on @CurbedNY:

Over the past five years (and for the 13+ years I’ve collected Manhattan listing inventory), supply bottoms in August and begins a short ascent in the fall. I took a look at the two-week period before and after the Labor Day bottom over the past five years…

[click to expand chart]

My latest Three Cents Worth column on Curbed: Manhattan’s Labor Day Listing Bottom [Curbed]

Three Cents Worth Archive Curbed NY
Three Cents Worth Archive Curbed DC
Three Cents Worth Archive Curbed Miami
Three Cents Worth Archive Curbed Hamptons

View the original article here

[Three Cents Worth NY #234] Manhattan’s Stormy Listing Trend

Posted by Jonathan Miller - Wednesday, June 12, 2013, 3:50 PM

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

Check out this week’s 3CW column on @CurbedNY:

This week I took a look at Manhattan’s year-over-year listing trends by the number of bedrooms on a weekly basis. I threw in a few milestones using ridiculous artwork (hey, this is Curbed!) to help provide some context. To state the obvious, listing inventory is very volatile and there are periods of time where certain segments stray from the pack. It’s clear that the top end of the market (four bedrooms, pink line) strayed the most over the past few years as many owners tried to piggyback onto a handful of trophy sales…

[click to expand chart]

My latest Three Cents Worth column on Curbed: Manhattan’s Stormy Listing Trend [Curbed]
Three Cents Worth Archive Curbed NY
Three Cents Worth Archive Curbed DC
Three Cents Worth Archive Curbed Miami

View the original article here

[Three Cents Worth NY #187] Manhattan Mortgage Rates Are Listing

Posted by Jonathan J. Miller -Tuesday, April 24, 2012, 11:11 PM
Comments Off

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….

[click to expand]

View the original article here

[Three Cents Worth NY #218] Manhattan’s Thanksgiving Listing Spread

Posted by Jonathan Miller - Tuesday, November 20, 2012, 4:39 PM

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

Read this week’s 3CW column on @CurbedNY:

I started off trending the month-over-month percentage change in doorman (green line) and non-doorman (orange line) listings and they showed a very similar pattern [yawn] so I left the lines alone and looked at the larger pattern of peaks and troughs in listing activity at the end of the year. I’ve been tracking listing trends for more than a decade on a quarterly basis but only on a monthly basis since 2008 so I can’t go back pre-Lehman. I am especially interested in each fall market’s second sales hump (spring is hump number one) of the annual two-hump sales camel that occurs before the Thanksgiving holiday…

[click to expand chart]

Today’s Post: Manhattan’s Thanksgiving Listing Spread [Curbed]
Three Cents Worth Archive Curbed NY
Three Cents Worth Archive Curbed DC
Three Cents Worth Archive Curbed Miami

View the original article here

CurbedWire: One of Boston's Priciest Rentals; a Listing With a Job; More!

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Tuesday, July 24, 2012, by Sarah Firshein

Photo by Tim Schreier/Curbed National Flickr pool

BOSTON—A newly listed three-bedroom apartment rises immediately to the top of the pile as one of Boston's priciest rentals. How pricey, you ask? Oh, just $16,750-a-month pricey. No biggie. [Cubed Boston]

MERCER ISLAND, WASH.—Curbed Seattle notices a five-bedroom home on offer for $4.75M, and its 4.25-acre lot happens to come with a shiny caboose. According to the brokerbabble, the buyer is "to act as steward for property including pioneer cottage & renovated caboose!" Careful what you sign up for, folks: don't wanna be tagged as "hired help" in this pristine, monied billionaires' enclave. [Curbed Seattle]

NYC—Another crazy promo video from the guys at Curbed NY, this time a $50K production that includes a flamethrower and a roof deck that looks like Manhattan's High Line. Can't anyone sell $8.95M apartments the old-fashioned way anymore? [Curbed NY]

View the original article here

[Three Cents Worth NY #187] Manhattan Mortgage Rates Are Listing

Posted by Jonathan J. Miller -Tuesday, April 24, 2012, 11:11 PM
No Comments

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….

[click to expand]

View the original article here

Comment of the Day: "From the listing: "Formal DR features...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, March 23, 2012, by Sally Kuchar

? Back to top

? Previous: "Honey, Can We Move to Oakland?"

View the original article here

Koenig's Last Commission: This Malibu listing was designed by...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Tuesday, March 6, 2012, by Sarah Firshein

? Back to top

? Previous: On the Market

? Next: Blu Dot's Annual Swap Meet; Goosebumps Publisher Lists

View the original article here

Broker Fail: Here's a Kid Doing a Faceplant in an Ingenious Listing Pic

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, February 8, 2012, by Sarah Firshein

Homeowners, if you've ever wondered how to incorporate your children into, say, marketing your home for sale, here, at last, is your answer. The above photo corresponds to a two-bedroom condo in Aldie, Va. Listed for $239K, it's got the nicety trifecta: granite countertops, stainless appliances, and hardwood floors. While the brokerbabble maintains that the space is "fully upgraded," something suggests there's a bit more work—you know, removing the kid from the bed—to be done.

· 24701 Byrne Meadow Sq., Northwest #213, Aldie, Va. [Redfin via Lovely Listing]

View the original article here

CurbedWire: Karim Rashid For BoConcept; Million Dollar Listing New York

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, January 27, 2012, by Sarah Firshein

BoConcept's new Ottawa Collection, designed by Karim Rashid. Photo via Contemporist

WORLDWIDE—New from BoConcept is the Ottawa dining room collection, which was designed by Karim Rashid. [Contemporist]

NYC—Bravo's Million Dollar Listing New York, a spinoff of the network's original series profiling high-rolling agents and brokers in L.A., will kick off March 7. [Curbed NY]

WORLDWIDE—House Beautiful welcomes two new contributing editors: Blair Voltz Clarke, a private art dealer, and Rebecca de Ravenel, a designer and stylist. [Editor at Large]

View the original article here

That's Rather Hideous: Make Your Listing Unattractive, the Easy Way

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, December 8, 2011, by Anna Marie With unsexy house porn a well explored subject, we find it surprising (and yes, amusing) that this listing’s photos seem so determined not to sell the house. 21611 Shadyspring Road is 3 beds, 2 baths, over 1,300 square feet of shambolic entropy that would make our teenage stoner cousin blush. Such smashing disregard for order! We’d totally forgive the photographer if this Castro Valley short sale were asking $75K. But this is, according to the write-up, a desirable neighborhood with “oh, the possibilities!” Here’s one possibility: asking $295,000 means you hire a cleaning service—before you take the pictures.
· 21611 Shadyspring Road [Redfin] 21611 Shadyspring Road, Alameda, CA

View the original article here

Places to Drink: Texas Listing Locked and Loaded With Swingin' Bar Scene

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, September 29, 2011, by Sarah Firshein

At present, a Chicago couple that's asking $450K for their home is hoping a $1,000 bar tag at the joint across the street will sweeten the deal. Sounds nice, but if that's just a wee bit too expensive, there's always this three-bedroom Waller, Texas, listing, which is asking only $195K and comes with a bar of its very own. Some sober stats: the house has 2,400 square feet of living space, as well as a garage/workshop, RV storage, covered tractor parking, a greenhouse, two screened porches, and an outdoor cooking area, all on five acres. Just the sort of outdoors-y-ness that justifies a nice, cold beer afterwards. Careful, though: some marriages, as we've seen before, just aren't made to withstand in-home taverns.

· 31179 Kyle Dr, Waller, Texas [HAR via Hooked on Houses]
· Guy Builds At-Home Tavern and Ends Up on The Marriage Ref [Curbed National]
· Couple Offers $1,000 Bar Tab to Future Buyer of Their Home [Curbed National]

View the original article here

The $12K Club: This $12K listing in Detroit, with...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, September 8, 2011, by Sarah Firshein

? Back to top

? Previous: Controversies

View the original article here

On the Market: Obtain the "Greatest Luxuries" By Buying This Russian Hill Townhouse, Says Listing Agent

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, September 8, 2011, by Sally Kuchar High atop Russian Hill is a 3-bed, 3.5-bath, 3,386-square-foot townhouse that is currently looking for a new owner. Asking price? A cool $4,950,000, or $1,462 per square foot. From the listing agent: "The homes at 955 Green are built on a single belief: fine architecture cultivates fine lives," so there's that. Monthly HOA dues are a vomit-inducing $2,010 and cover the water, garbage and grounds maintenance. There's 3-car parking in the garage.
· 955 Green, #4 [Redfin]

View the original article here

Fifth Avenue Grandeur: Over the weekend, the listing hit...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Monday, June 27, 2011, by Rob Bear

? Back to top

? Previous: Architects Build Rotating Zero-Gravity Room Here on Earth

? Next: Dirty Denim Couch Has One Long Island Town in a Total Tizzy

View the original article here

Spy Secrets of the $90M Mansion: Not content with the few listing...

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, June 1, 2011, by Sarah Firshein

? Back to top

? Previous: A 12th-Century Oil Mill; Highest House in the Hamptons; More!

? Next: Yankee History, Southern Charm, The Hamptons, and More!

View the original article here

Dwelling: Gatsby House: Really Old Listing Photos Reveal Former Grandeur

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, March 10, 2011, by Sarah Firshein Photos via SPLIA via Old Long Island

Land's End, the Sands Point, N.Y., estate rumored to have inspired F. Scott Fitzgerald's vision of Daisy Buchanan's house in The Great Gatsby, has surely seen fairer times. The colonial revival is spending its final days as a decaying, peeling mess as it waits to be razed and turned into a development community. But like all Stanford White-designed properties built during the turn of the 20th century, it once had serious grace and grandeur, as proven by an old listing brochure posted on blog Old Long Island. We're awaiting confirmation of what year it's from, exactly, but it lists the house (as well as its on-grounds caretaker's cottage and two greenhouses) for $2.5M—and that includes "all furniture, drapes, linens, complete service of English threat silver and Baccarat crystal for 48, furnishings in all bldgs." To boot: we're assuming the brochure is from far before November 2009, when Land's End hit the market for $30M. In the mean time, have a look at the really terrific photos above.

UPDATE: Old Long Island estimates the photos are from the '70s or early '80s, before Land's End was purchased in 1983.

· Gatsby House to Become True "Valley of the Ashes" Development [Curbed National]
· When 'Kidd's Rocks'/'Land's End' Was For Sale [Old Long Island]

View the original article here

Recaps: Million Dollar Listing Recapped, Ep 6: Condo in WeHo

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Wednesday, March 9, 2011, by Sarah Firshein

Welcome back to Million Dollar Listing, now on its new night, joining Glee to make America's dumbest night of television. This week Madison struggles to sell in WeHo and the two Joshes deal with foreigners. Josh Williams recaps as usual. Onward!

This episode Josh Altman and his dim-witted assistant Mikey have an urgent Saturday meeting because a potential big commission is in the making. An East Coast family friend, Evan, has contacted Josh A. looking to buy a property in Los Angeles for his client, a mysterious European businessman. Josh A. describes Evan as "a high-end concierge" who basically caters to his wealthy clientele. Evan is flying in for one day to look at "the best properties on the market." Evan is interested in looking at homes in the $10M to $20M range. You can practically see the drool coming out of the side of Josh A.'s mouth as he counts his commission in his tiny head. He goes on to explain to slow-learning Mikey that the Evan in isn't buying the house himself—he's just making the recommendation to the buyer on which house to buy.

Josh A. picks up Evan from the airport and at some point in their 24-hour whirlwind of activity, they make a stop at a nine-bedroom, nine-bath home located at 12300 Mullholland Drive. The home is listed at $12M and includes a two-story guest house, twin mirrored staircases and canyon views. The interior of the home is massive, and per the listing includes parking for 100 cars. Is that even possible? Midway through the showing, Evan has seen enough and tells Josh A. that they should move on.

They bolt from the Mulholland property and go to another listing in the exclusive Beverly park neighborhood. The home located at 72 Beverly Park Drive is uber-slick, featuring 20,000 square feet, 11 bedrooms and 18 bathrooms, a private gym, a guest house, a panic room, and a 12-person Jacuzzi, all on 6.7 acres and listed at $19M. You can tell this house has an interesting story—like it was built by a Qaddafi son or an heir to the Lap Band fortune. Something like that. And in fact it sort of does. Per the Real Estalker, the home was owned by "porn purveyor Norm Zada":

"Although Mister Zada earned a doctorate from UC Berkeley, worked as an adjunct professor of mathematics at institutions of higher learning like Stanford and Columbia, became a champion poker player and a money manager, he chose to make his big bucks and major mark on the world with a seriously smutty magazine called Perfect 10 in which women who have not had any cosmetic surgery are pictured baring their naughty bits and nether parts in all their extremely explicit glory."

Head to million-dollar-listing land Curbed LA to see what happens next. >>

View the original article here

Recaps: Million Dollar Listing Recapped, Ep 4: Party Foul

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, February 25, 2011, by Sarah Firshein

Please welcome Josh Williams, who is recapping Season 4 of Bravo's Million Dollar Listing. And off he goes: Smiles everyone. Smiles! This time around, the million-dollar housing market woes are just a thing of the past and the gilded age has returned. There are crappy Los Angeles-area McMansions to be had! Old friends Madison Hildebrand and Josh Flagg are back, and we're introduced to Josh Altman. Let's get to it.

Madison Hildebrand continues to work on the sale of the Malibu property owned by his friend, prominent boob doctor Dr. Shah. In an attempt to get more foot traffic into the house, Madison hosts a caravan of realtors driving up from Beverly Hills in a party bus. They've also chopped the price from $5.695M to $5.5M, after the house failed to generate any interest. As part of the caravan, Josh Flagg and his twinterns tag along to see what's available in the Malibu market. This presents a great opportunity for Madison and Josh to get their required face time. Unfortunately, these two just won't fight the way the producers were hoping. Nary a hair pull or angry word to be had. These two might as well be pieces of driftwood bobbing up and down in the ocean.

Later, at a private showing generated by the caravan, Madison meets with a couple who have an accident-prone baby. Said baby can run through glass doors and roll into the ocean at any moment. The home continues to generate little interest, so Madison holds out hope that the couple will get over their fear of baby death and scoop up the beach house. While waiting for an offer, Madison gets a sexy massage to relax. During the massage, Madison receives a text from the scared-baby-couple's agent with an offer of $5M. Madison groans in disappointment—and unbridled passion as the masseur works his strained muscles. Madison immediately calls Dr .Shah to discuss the low ball offer, while the camera lingers on the hunky masseur's hands kneading Madison's flesh. The touching of man flesh continues as Madison and Dr. Shah agree to reject the low-ball offer and present a counter offer.

Later, Dr. Shah tells a relaxed looking Madison that his base price is $5.3M. Madison sits with Dr. Shah and calls the buyers agent, presenting a counter offer of $5.35M. The buyers counter the counter offer with $5.15M, which is still too low. Madison proposes a creative counter offer, with a final price of $5.3M, and the replacement of bathroom windows that the buyers didn't like. The clients agree to the deal and the home is sold. A happy ending for everyone!

Head to million-dollar-listing land Curbed LA to see what happens next. >>

View the original article here

Video Interlude: Million Dollar Listing Sneak Peek: Josh A. Versus Homeowner!

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, February 17, 2011, by Sarah Firshein

It's Thursday, which means there will be an inevitable bout of trouble plaguing the L.A. area tonight on Bravo's Million Dollar Listing. Just what sort of trouble? Bravo reps just sent us a sneak peek of the episode, and there's lots of awkwardness when a seller decides to be present during a broker open house that's been organized by Josh Altman. Jump for the minute-long preview clip, and then stay tuned tomorrow for the full recap.

Video: Always Hard when the Owners Present:

· All Million Dollar Listing coverage [Curbed National]

View the original article here