I very much enjoyed my interview with Mark Crumpton on Bloomberg TV last week concerning the state of the Manhattan and U.S. housing markets. Our just published market report for Douglas Elliman revealed a number of records int he 2Q 2015 real estate market.
Samantha DeBianchi of Million Dollar Listing Miami and I joined with Deirdre Bolton to speak about foreign buyers and a little Grexit (but what does anyone really understand about that?). Touched on record setting Manhattan housing prices as well.
And waiting in the green room ended up more like a party.
Always fun to visit with Tom Keene on Bloomberg Surveillance Television – I forgot to post it last week.
Did I tell you I have a lot going on?
It’s a short clip on housing and why we don’t have enough inventory. Bloomberg Intelligence’s Carl Riccadonna spoke along with me – never met him before but he was impressive and best of all, we were in sync.
This infographic was part of an epic must-read Andrew Rice piece for New York Magazine called: The Red Hot Rubble of East New York which explores the gentrification frontier where investors and New York City’s efforts to create affordable housing are running headlong into each other.
As much as 10% of the property sales are flips and prices are up 150% over the past 2 years.
Came into the city on the last day of 2014 to join Deirdre Bolton on her Fox Business show Risk & Reward to talk housing rents and 2015 with a dash of $50M+ sales in New York. Always fun.
Joined Deirdre Bolton to talk about the U.S. high end development residential market. We spoke about softness at the NYC high end and how the cooling of new development doesn’t speak for the entire high end market.
Was asked to guest host this morning for the 7-8am hour on Bloomberg TV’s Surveillance. Tom Keene, Scarlet Fu and Adam Johnson team up for a must-watch show every morning.
In the first clip we talk Manhattan Luxury market problems and records. In the second clip we banter about the bendable iPhone Plus and housing as an investment. These two articles likely prompted my invite:
NYC Luxury-Condo Buyers Await New Towers as Sales Slow [Bloomberg News]
NYC’s Most Expensive Condo to Be Listed at $130 Million [Bloomberg News]
UPDATE: above clip just added – expanded conversation.
Got to guest host an hour (6am to 7am) of Bloomberg Television’s Surveillance with Tom Keene, Scarlett Fu and Adam Johnson to talk housing. The above is just a couple of minutes of the hour (yes, you’re spared). We spoke about Case Shiller, New Home Sales, biting in World Cup Soccer, my fireman son using a GoPro in fires and LeBron/Carmelo’s real worth among other things. Like I said, we did talk housing.
Adam brought up a great point – while the economy is always characterized as 70% consumer driven, 16% of that is actually health care spending so the overall number is really 54%.
Very smart conversations (the topic of biting included). Always fun to join them.
He’s a very nice guy and really listened to and presented the key findings of the report. Luciane Serifovic, Elliman’s Director of Rentals made a couple of good points as well. Fun!
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About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts. He holds the Counselors of Real Estate (CRE) and Certified Relocation Professional (CRP) designations. He is an Appraiser “A” Member of the Real Estate Board of New York and a member of Relocation Appraisers and Consultants, Inc. Learn More...
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“Jonathan Miller, the appraiser who is the savviest observer of the local residential market.”–Crain’s New York Business
“Jonathan Miller’s blog Matrix. Completely Keanu Reeves-free real estate economics, not for beginners.”–Curbed San Francisco
“It’s tough to find the good guys..Fortunately we found one. His name is Jonathan Miller.”–Glenn Beck, CNN
“Jonathan Miller: One of the top 25 most influential U.S. real estate bloggers.”–Inman News
“Check out Superstar Appraiser Jonathan Miller’s blog Matrix for the latest in depth information on NYC housing.”–Urban Digs
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“Jonathan Miller, an appraiser dubbed 'the Wikipedia of Manhattan real estate.'”–Barrons
“Our man Jonathan Miller drops the truth bomb.”–Barry Ritholtz, The Big Picture Blog
“Expert Appraiser Jonathan Miller: New York City’s Real Estate Data Wizard”–Epoch Times
“Somebody-explain-this-crazy-market-to-me guy Jonathan Miller.”–Curbed New York
“Jonathan Miller, the most popular guy on the block when talking about real estate in New York.”–Tom Keene, Bloomberg Radio
“A combination of Godzilla, King Kong, and Hurricane Katrina all wrapped up in one as he wreaked havoc on the housing market.”–New York Sun
“Jonathan...understands how to take numbers and explain them to people in a way that makes sense.”–Dottie Herman, President and CEO, Douglas Elliman
“In this ever changing NYC market, Jonathan’s reports give me an accurate snapshot at any given time.”–John Gomes, The Eklund Gomes Team / Douglas Elliman Real Estate
“Jonathan Miller is 'a complete pro, a shining star in the real estate industry.'”–Donna Olshan, President, Olshan Realty Inc.
“Jonathan Miller, the go-to expert on all residential real estate figures.”–Crain’s New York Business
“A web site 'worth visiting.'”–Realtor Online Magazine
“Miller Samuel CEO Jonathan Miller holds the key to the luxury real estate market.”–Deirdre Bolton, Anchor, Fox Business
“Jonathan Miller is one of the icons of the real estate industry.”–Real Estate Board of New York
“If market guru Jonathan Miller said it, it must be true.”–Stuart Elliott, Editor-In-Chief, The Real Deal
“Our sherpa in the land of broker euphemism for the current state of the housing market.”–New York Observer
“Jonathan Miller, President of Miller Samuel and real-estate savant.”–Curbed Miami
“Should we have seen this coming?...I spoke to appraiser Jonathan Miller 3 years ago.”–Jane Wells, CNBC
“Then there is Miller’s authority in residential appraisals.”–Reuters
“Matrix: One of the top five U.S. real estate blogs.”–Inman News
“Jonathan Miller: He's the guy with 'boots on the ground' when it comes to real estate.”–Tom Keene: Bloomberg TV, Surveillance
“Jonathan Miller...one of the nation’s most prominent appraisers.”–Money Magazine
“Jonathan Miller: the true God of real estate data.”–Fredrik Eklund, The Eklund Gomes Team / Bravo’s MDLNY
“Jonathan Miller delivers real estate news in language even a blogger can understand.”–Curbed DC
“Jonathan Miller: One of the best finance people on Twitter.”–Business Insider
“Miller is the best real estate blogger out there.”–Bankrate
“If New York real estate is a sport, one of its most prominent score keepers is Jonathan Miller.”–New York Daily News
“Why is Jonathan Miller’s Matrix required reading? …He grabs you right from the start.”–New York Times
“Miller is arguably the most influential voice in residential property valuation markets today.”–Altos Research
“Jonathan Miller: Best online real estate expert.”–Money Magazine
“Jonathan Miller...Manhattan’s most revered independent appraisers of residential property.”–Daily Telegraph (UK)
“When it comes to markets trends, nobody knows the multiple NYC real estate markets better than Jonathan Miller.”–John L. Heithaus, CSO, Buyside
“Jonathan is a legend, one of the most quoted appraisers and experts in the industry.”–Dottie Herman, President and CEO, Douglas Elliman
“Miller’s more than 20 years of real estate experience comes out in this no-nonsense blog.”–Seeking Alpha
“Market Analyst Jonathan Miller: Thank the Flying Spaghetti Monster he's on our side.”–Curbed Miami
“His market reports are to the Manhattan housing market what those brackets are to the NCAA Tournament.”–New York Observer
“Jonathan Miller is a master of his craft...we are lucky to have him as an advocate for appraisers.”–Phil Crawford, Voice of Appraisal
“In the real estate world, Jonathan Miller is where street-smart meets book-smart.”–Jed Kolko, Chief Economist, Trulia
“JM makes real estate stats talk in language that normal people understand.”–Teri Rogers, Brick Underground
“Jonathan Miller is well-known for taking the pulse of Manhattan real estate.”–PBS Nightly Business Report
“Jonathan Miller is the most trusted (and quoted) man in New York real estate.”–New York Observer
“Jonathan Miller is 'one of the most important people in real estate.'”–Elizabeth Ann Stribling-Kivlan, President, Stribling & Associates
“Jonathan Miller delivers the unflinching and un-fluffy truth about an industry he knows inside out.”–Teri Rogers, Brick Underground
“Jonathan Miller, owner of New York City’s Miller Samuel and one of the nation’s most prominent appraisers”–Money Magazine
“Jonathan Miller, the demigod of New York real estate stats.”–New York Observer
“His quarterly reports on the New York City-area market is considered required reading among real estate professionals.”–Reuters
“Jonathan Miller of Miller Samuel is a NYC real estate "cultural icon."”–Katherine Clarke, New York Daily News
“His prescient 2012 declaration that “luxury real estate is the new global currency” was repeated as gospel...”–New York Post
“New York real estate maven Jonathan Miller.”–Slate
“Renowned appraiser and [Matrix] real estate blogger, Miller is a statistical wizard. Can dodge bullets in slow-mo.”–Real Estate Tomato
“The oracle of New York City real estate: Jonathan Miller.”–Amir Korangy, Publisher, The Real Deal
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