It’s now a buyer’s market in Manhattan, new report suggests

Rising inventory and shifting seller expectations have given homebuyers the upper hand in Manhattan, according to Douglas Elliman’s latest quarterly report. Continue reading

Coldwell Banker Warburg welcomes 2 ‘boomerang’ agents

Broker Bill Kowalczuk and agent David Harris were not gone for long before realizing they missed Coldwell Banker Warburg’s robust support systems. Agent Guy Hobson has also joined the firm. Continue reading

Are New York’s famously uptight co-op boards starting to chill out?

These “dinosaurs” of New York City’s luxury residential market are on the cusp of modernizing, agents told Inman. Savvy buyers who get in now can still invest while prices are undervalued. Continue reading

Recruiting War ’24: For brokerages, headhunt pivots to cream of crop

Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to “the better and best agents.” Continue reading

Coldwell Banker Warburg recruits Compass, Elliman luxury vets

Kathy Kaye and Lorraine Baker each have about two decades of industry experience and bring roughly $200 million each in career sales volume to the firm. Kaye joins from Compass, Baker from Douglas Elliman. Continue reading

Kevelyn Guzman to take reins of Coldwell Banker Warburg in 2024

The firm’s current COO will adopt the role of Coldwell Banker Warburg regional vice president starting in January, as current president Frederick Warburg Peters steps into a new role as president emeritus. Continue reading

Manhattan luxury-condo sellers are giving in to buyer demands

Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading

‘Voluntary moves are gone’: Why today’s buyer looks so different

More buyers today are moving because they have to. Here’s what they look like — and how agents are courting their business in a down market. Continue reading

Coldwell Banker Warburg launches ‘What Moves Her’ chapter

Establishing a more localized version of the “What Moves Her” campaign will allow Coldwell Banker Warburg to have a more direct impact on female real estate professionals in their community and tailor programming to the community’s specific needs, the … Continue reading

Cash deals hit all-time high in Manhattan as sales plummet 38%

The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel. Continue reading