Category: News + Insight
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Cash is Still King
Does the phrase “cash is king” ring a bell? Whether it was my grandparents slipping some cash into a birthday card, or my dad barely catching me on my way out the door as a teenager to ask, “Do you need cash?” It’s a phrase I’ve heard a thousand times. According to Realtor.com, nearly half…
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Seller Choice Isn’t the Same as the Seller’s Best Interest
In a recent opinion piece I penned for Inman News, I took on one of the most frequently repeated arguments in the debate over private listing networks: “seller choice.” Of course sellers have choices. They always have. The real question is whether a choice that limits exposure, reduces competition and potentially compromises price is actually…
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The Compass Move May Seem Harmless on the Surface. Be Sure to Look Deeper.
Yesterday, a segment of the active sales listings quietly disappeared from the usual search sites that consumers access to search for homes. Most consumers wouldn’t have noticed the change unless they were following one of those listings. Members of the New York residential real estate community likely noticed first through the press that the move generated. For those unaware, Compass…
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The Romance Recession
Remember when finding love was as simple as getting set up on a blind date or meeting someone at your local dive bar? According to The New York Times, Gen Z isn’t just dating less than previous generations; they’re in a “romance recession.” The question becomes: Is chivalry dead, or can daters just not afford…
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Private Listing Networks Spark Fair Housing Concerns
For generations, homeownership has been one of the most important pathways to building wealth and creating opportunity in America. But as the housing market becomes more constrained with rising prices, limited inventory, and affordability pressures impacting buyers nationwide, protecting equal access to housing information has never been more important. In a recent TIME opinion piece,…
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Why Every Brokerage Needs to Think Like a Newsroom
Full disclosure – I used to be a TV news producer in one of the biggest markets in the country. In my latest op-ed for RISMedia, I drew on that experience to explore why today’s brokerages need to think beyond traditional marketing and embrace their role as publishers. The way consumers and professionals consume information…
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The Line: The Fed Leaves Rates Alone
This week, we have two big stories to discuss, so let’s get right to it. The Fed Leaves Rates Alone In a 9-3 vote, the Federal Reserve’s Open Market Committee decided to hold rates steady. That wasn’t a huge surprise, but that didn’t stop financial markets from throwing a fit. As promised, Kevin Warsh has the Fed saying less, especially…
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Why Neighborhood Rankings Don’t Tell the Whole Story
When rankings of New York City’s most expensive neighborhoods are released, it’s easy to assume they tell us where the market is strongest. This quarter’s list includes familiar names like Hudson Yards, Tribeca, SoHo, and Central Midtown, along with Brooklyn’s Carroll Gardens, where median sale prices surged dramatically. But before drawing conclusions, it’s worth taking a…
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Spotlight on Alan Kersner: The Steady Hand Behind Brown Harris Stevens’ Success
For nearly four decades, Alan Kersner has been one of the quiet architects behind Brown Harris Stevens’ legacy. Since joining the firm from Douglas Elliman in 1989 as Treasurer, Alan has helped guide the company through extraordinary periods of growth, industry transformation, and technological evolution as well as economic crises, the challenges post-9/11 and the…
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Catch Up on the Latest from the MoRE Network
From market insights and luxury real estate trends to expert negotiations, investing strategies, and conversations with some of the industry’s most accomplished professionals, the MoRE Network continues to deliver fresh content for real estate enthusiasts and professionals alike. This month’s lineup features timely discussions on inflation, New York City’s luxury market, Brooklyn and Manhattan market…