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nyc the hamptons and conn are all soft and will get softer ...go to radarlogic.com and see for yourself ..... yes nyc is an island but it sits in the centre of an economic ocean called the united states ...and it is from that ocean that it draws its strength or weakness people who live on...

obama wants your money....as do the clintons vote mcain

the greatest threat to nyc real estate is terrorism... to have most of your money in an asset located in nyc is really not a very good idea one direct hit to indian point nuclear plant on the hudson on a day with a steady southerly wind would forever render all nyc real estate...

a great great website for the full examination of the nyc real estate market is therealdeal.com the real deal great articles and stats etc etc g

the ceo of toll brothers agrees with me....about their bieng no light at the end of the tunnel he said he is NOT SEEING ANY LIGHT AT THE END OF THE TUNNEL and he said that today ......i said it on this blog yesterday so do you all still think im negative ........if so ok.......g...

anyone who is long nyc real estate should read toll brothers statments today and review their numbers..... price follows volume g

fundamental value destruction.....see allan blinder princeton university for further definition also look at charted home prices adjusted for inflation 1890 to the present a 118 year chart you will note that we have spiked upward in the past 10 yrs ....thes has never happened...

see the article in buisness week ....COVER STORY HOUSING MELTDOWN....read it 2x..........not good and nyc will not be immune.... also you can consult the case schiller index on home prices.... it does not look good basically if you could short your place in nyc it woul be a great medium...

nyc prices yesterdays nytimes...........its all their radarlogic.com........historical data and today goldman sachs has been downgraded by opco...not good for nyc prices new york is the castle ...and its the castle that is always last to fall ......and the castle walls are now...

ah haaaaaaaa but you can trade real estate with the click of a mouse 1 radarlogic.com 2 housing stocks 3 etcetcetc real estate goes lower and lower and lower

many brokers are marketing to europens......and are giving new yorkers false hope...spinning lies and deciets.....so they can sell their oun apts before you sell yours and the europeans like europe.....get it .....after all why buy somthing in us dollars if you own euros now europens when...

the pain in the real estate market will seem endless... ie no light of course it will recover ...but in many bubles asset prices never ever again seem to reach their highs yhoo has still not hit its .com high as many other stocks have not real estate is not special its simply another...

as this storm worsens their will be a rush for the exits...a rush to lock in the massive gains that have accumulated over the past 7 years .....why own a 1.5 millon dollar apt in nyc when you could buy citigroup at a massive discount 50 percent with a dividend people who wait to sell will...

manhattan is just starting to feel the pressures from the national real estate storm ...prices have droped 5 percent and rents are down 7 percent....bonuses are down ...and layoffs up...recession is looming on the horizon....cap gains on real estate will rise with a democratic white house win...

their the best...the absolute best...g

home prices could retrace another 20 percent ....easily

great map ..........thank you........if you get an updated one post it as well......g

miami is a total total disaster ......empty buildings ...empty real estate offices with a few desperate brokers....no sales ..no recent comps ....halted construction projects ... sellers with no one to sell to.......dazed with blank looks on their faces grasp to the slightest hope of selling...

we are not close to a btm in real estate.....its going to get really really nasty now....the homebuilders will probably slowly test their lows..... we have entered an era when cash will truly be king g

the doom and gloom is just getting started .....we have a long way to go ....and their will not be any light at the end of this tunnel for a long long time in real estate the money was made by the sellers ....the smart sellers ....not the buyers who were left with empty pockets