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Manhattan Loft Guy

Tagged "Chasing The Market"

Manhattan Loft Guy

Blog by Sandy Mattingly

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Favorite Links

• Manhattan Users Guide (be sure to search the archives)

• The Gotham Center for NYC History

• Matrix the Real Estate Economy

• Hopstop (door-to-door subway instructions)

• MTA subway site, including maps + schedules

• NYC Dept of Education site

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• "the weekly newspaper of lower Manhattan"

• Brooklyn, but a great blog

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Manhattan Loft Guy

644 Broadway loved that first bidder: sells within 15 weeks, contract in 6, 1 price, 14% discount

May. 29, 2009

Categorized in: Psychology of the market

Tagged with: broadway, bromide, chasing the market, first bid, hudson, negotiation

Agents often tell sellers "your first buyer may be your best" -- I certainly have told Manhattan loft sellers that. It is one of those pieces of accepted wisdom (at least among agents) that seems to me both valid and impossible to prove. (We are never lik

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day late and a dollar short (recidivist edition)

May. 3, 2009

Categorized in: Market Trends

Tagged with: 2006, chasing the market, lehman, price drop

There's a Manhattan loft in a prime loft-y neighborhood back on the market recently that could be a poster child for that oh-so-painful process known as Chasing The Market.

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