Why Manhattan Home Prices Are Sliding

The video discusses the current real estate market dynamics in Manhattan, highlighting the shift towards a buyer's market due to tax law changes and inventory levels. It covers pricing trends, market hotspots, and the impact of mortgage rates. The ultra-luxury segment is analyzed, noting reduced foreign investment and pricing adjustments. The rental market is also explored, focusing on landlord concessions and the bifurcation between high-end and lower-end markets.

How has the ultra-luxury market in Manhattan been affected by international buyer participation?

How do the dynamics of the rental market reflect the overall economic conditions in Manhattan?

What are the current trends regarding rental markets and landlord concessions?