In the search for new ways to describe the state of the U.S residential real estate, how about an analogy to breakfast cereal! The article below, ‘Housing Goes Snap, Crackle & Pop?‘, was written by Jonathan Miller. For those that may be unfamiliar, Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm […]
Summary: Has the bubble in New York City real estate been fully reflated and is about to burst? The highest rental apartment vacancy rate in 9-years coupled with a construction boom and concessions being offered to attract tenants suggests that the answer may be yes! ‘Manhattan Rental Apartment Vacancies Hit A 9-Year High! (Video)’ This sparks the question […]
While spending $500,000 a month for an apartment in Manhattan is not in the cards for 99.9999999% of New Yorkers, rents in general are on the rise and the inventory to choose from remains sparse! In a Fox Business News interview with Miller Samuel CEO Jonathan Miller (@jonathanmiller), the state of the rental market in New […]
