Elika & Associates

New York

Elika Associates is New York City's premier real estate buyer's brokerage. We exclusively represent you the buyer and provide exceptional services tailored to each discerning client's unique real estate needs. Elika Associates provides local and international buyers with expert, unbiased assistance with all your property inquiries while we find, manage and negotiate the purchase of your next real estate investment.

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Elika & Associates

October 2008

Depth of Market Changes Seen in Shifts in Brokerage Fee Structures

Oct. 15, 2008

With stocks crashing, then posting their largest rally since the early days of the Great Depression, than crashing again, it’s clear New York City’s housing market is going to feel at least some of the turmoil.

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A Breakdown of Changing Market Conditions in Manhattan

Oct. 8, 2008

It’s widely agreed upon that the sale of Bear Stearns was the pivotal transition moment in the Manhattan Real Estate market. Over the previous six months or so, things had been gradually shifting away from the strong seller’s market mentality that had pervaded Manhattan and New York City as a whole.

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3rd Quarter of 2008 Expected to be the Final Quarter of NYC Housing Boom

Oct. 7, 2008

Surprising some analysts, prices continued to rise in the 3rd quarter, according to recently released numbers. The average sales price in Manhattan climbed by 8.1% to roughly $1.5 million. The average... [Read More]

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Elika & Associates

October 2008

Depth of Market Changes Seen in Shifts in Brokerage Fee Structures

A Breakdown of Changing Market Conditions in Manhattan

3rd Quarter of 2008 Expected to be the Final Quarter of NYC Housing Boom