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Chief Blogger: Christopher Dente, Director of Public Relations | 212.685.7777 | cdente@citi-habitats.com	More Posts

Market Reports Mortgage Rate Update Posted by Christopher Dente |  November 16, 2009 Regular Mortgages Jumbo Mortgages Source: BankRate.com View: three months   5/1 A.R.M.        4.09% 15-Year Fixed  4.60% 30-Year Fixed  5.02%           5/1 Jumbo         4.77% 15-Year Jumbo  5.39% 30-Year Jumbo  5.89%   Comments(0) Filed under: Market Reports, New Developments, Sales Share The Alliance for Downtown New York - Q3 2009 Real Estate Market Overview Posted by Christopher Dente |  November 12, 2009 The Alliance for Downtown New York - Q3 2009 Real Estate Market Overview Though the global recession continued to impact Lower Manhattan in Q3 2009, the real estate market outperformed other business districts and showed signs of stabilization. There was a notable uptick in leasing activity between July and September, highlighted by the signing of two of the city’s largest leases this year. Meanwhile, residential vacancy rates remained very low, and hotel prices and occupancy outpaced the greater New York City market. Additionally, 21 retailers opened their doors this quarter, ranging from a national steakhouse chain to delis, clothing stores, and hair salons. Click here to read the Q3 2009 Real Estate Market Overview, covering office, residential, hotel, and retail market performance.   Comments(0) Filed under: Manhattan, Market Reports, New Developments, News, Rentals, Sales Share Rental Market Analysis - October 2009 Credit to: Christopher Dente Posted by Christopher Dente |  November 12, 2009 Average Rents October 2009 Market-wide for Manhattan, the average October 2009 rental price for a studio was $1,731, representing a decrease of 1% from September 2009; a one bedroom, $2,384 representing a decrease of 1% from September 2009; a two bedroom, $3,307 representing a decrease of 1% from September 2009; and three bedroom, $4,494 representing a decrease of 1% from September 2009. Vacancy Rates October 2009 The overall vacancy rate for Manhattan for October 2009 was 1.86% representing a slight increase in the vacancy rate from the September 2009 rate of 1.83%. A comparison of vacancy rates, by neighborhood, reveals that the SoHo/Tribeca area had the least amount of available apartments at .95%, while the Upper East Side, at 2.41%, ranked highest. Please click here to view the entire report.   Comments(0) Filed under: Market Reports, Rentals Share 3rd Quarter 2009 Manhattan Sales Market Report Credit to: Christopher Dente Posted by Christopher Dente |  October 15, 2009 Please click on the image to view the entire 3rd Quarter 2009 Manhattan Sales Market Report   Comments(0) Filed under: Manhattan, Market Reports, New Developments, Sales Share 3rd Quarter 2009 Report - Manhattan Residential Rental Market Credit to: Christopher Dente Posted by Christopher Dente |  October 15, 2009 Average Rents 3Q 2009 Market-wide for Manhattan, the average 3Q 2009 rental price for a studio was $1,760, representing a decrease of .3% from 2Q  2009; a one bedroom, $2,423 representing a decrease of .2% from 2Q 2009; a two bedroom, $3,481 representing a decrease of 1.9% from 2Q 2009; and three bedroom, $4,591 representing a decrease of 1% from 2Q 2009. Vacancy Rates 3Q 2009 The overall vacancy rate for Manhattan for 3Q 2009 was 1.71% representing a decrease of 0.17 in the vacancy rate from the 2Q 2009 rate of 1.88%. A comparison of vacancy rates, by neighborhood, reveals that the SoHo/Tribeca area had the least amount of available apartments at .1.08%, while the Upper East Side, at 2.41%, ranked highest. Please click on the image to view the Manhattan Residential Rental Market 3rd Quarter 2009 Report.   Comments(0) Filed under: Manhattan, Market Reports, New Developments, Rentals Share	RECENT POSTS Mortgage Rate Update U.S. Mortgage Rates Fall for Third Consecutive Week With F.H.A. Help, Easy Loans in Expensive Areas U.S. Housing Recovery Delayed to 2010 as Market Wanes Real Estate Outlook: Moving Towards Recovery First-time homebuyers leading market back Bidding Wars Resume Mortgage Rate Update RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 Add CitiBlog feed

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