Category Archives: Luxury real estate

Some Luxury Real Estate Markets Are Experiencing Painful ‘Price Discovery’…

the excess in NYC real estate prices at 432 Park Avenue

While the adjustment in luxury real estate prices can of course be up or down, this time around they are down having a negative impact on sellers! Buyers are now in the drivers seat dictating more of the terms of real estate transactions! Prices are not down in every U.S. city, but they are in New York City where […]