Items Tagged with 'Miller Samuel'

ARTICLES

  • Home sales in Manhattan surge as wealthy buyers rush to avoid "mansion tax"

    Median home price rises to a record $1.2 million as sales jump 13%
    Manhattan homebuyers went on a shopping spree in the second quarter, rushing to buy properties before transfer taxes increased. The median sale price rose to a record $1.2 million, up 11% from a year earlier, as home sales reached 2,957, up from 2,629, according to a report Tuesday by Miller Samuel and Douglas Elliman Real Estate. The sales increase comes after six consecutive quarters of declining transactions, what the report called a “dry spell.”
    Read More
  • Manhattan pending home sales surge as prices drop to 2015 level, StreetEasy report says

    New federal tax code is causing a price “recalibration”
    Pending home sales in Manhattan spiked 27% in April from a year ago, reaching the highest level of signed contracts since the spring of 2015, as prices in America’s priciest urban neighborhood dropped, according to StreetEasy. “Early signs tell us that some sellers are finally pricing their homes more realistically and finding buyers when they do so,” said StreetEasy Senior Economist Grant Long.
    Read More
  • Prices for mega-mansions in Miami Beach surge 61%

    Demand spikes as wealthy Northeast buyers flee new federal tax law
    The median price of a single-family home in the luxury segment of Miami Beach’s real estate market soared 61% in the first quarter. “I explain it by saying: Americans from the northeast are the new foreign buyers in Miami Beach,” said Jonathan Miller, president of Miller Samuel.
    Read More
  • From HW Magazine

    The future of valuations

    What automation means for appraisers and appraisal companies
    The appraisal industry is in the midst of huge disruption as automated valuation models and hybrid appraisal products gain favor with regulators and investors. What does the future hold for appraisers and appraisal companies as they adjust to the new realities of automation?
    Read More