New York City Is Now a Buyer's Market, Says Miller Samuel CEO

The video discusses the current state of the real estate market, highlighting uncertainty due to economic factors and a potential recession. It examines trends in the market, including softness in both the resale and new development sectors, and analyzes price changes and inventory levels. The video also explores the uniform impact across different neighborhoods and market segments, with a focus on the challenges faced by the high-end market. Future predictions suggest a continued struggle with excess inventory, particularly in luxury developments.

How has the bond market influenced interest rates and the housing market?

What changes have been observed in the behavior of sellers and buyers in the market?

What factors are contributing to the current softness in the housing market?

Discuss the impact of the trade war and tariff war on the housing market.

What trends are seen in the luxury and ultra-luxury segments of the housing market?