Today we released two market reports of a series that I author – I provide a quick overview for each report in this podcast.
To download these reports and other reports, view charts and build custom data tables.
Prudential Douglas Elliman Brooklyn Market Overview 2Q 2009
Prudential Douglas Elliman Queens Market Overview 2Q 2009
You can subscribe on iTunes or simply listen to the podcast on my other blog The Housing Helix.
THe issue i see in our market is that the high end is compressing down into the market areas below it. There is little distinction between pricing of homes in certain catergories. 3.5m homes are now under 2m in some towns and prices just above properties of considerably less statue. This is the process that is taking place.