Proof of an unseasonal surge in January Sales

Damn it I just renewed my lease. Guess I'll have to overpay next year.
Gosh the bulls were so right.

---------------- 1-day 7-day 30-day
New Listings ----155---466----1,731
Price Cuts-------- 21--- 39-- 198
Contracts Signed --54 --176 --677
Total Inventory 8,493 -8,414- 8,106

Definitely a sharp uptick in inventory - there should be no rush to buy. I'm guessing some of the added inventory is seasonal trends (post-holiday relist) and some sellers probably encouraged by the very healthy volumes we saw last summer and through most of the latter half of 09.

Q: "What in the world is going on here (in Manhattan)?"
A: I dunno? Brokers are getting desperate?

yeah but malcolm did all that research..it cant be wrong

Shil Shil-ery
Shil Shil-ery
Shil Shil Shil-ee!
A broker is as transparent
As transparent can be

Shil Shil-ery
Shil Shil-ery
Shil Shil Shil-oo!
Bullsh!t will rub off when
I shake 'ands with you
Or list me in contract
And that's bullsh!t too

http://2.bp.blogspot.com/_bkFIPLIOGL8/SawSSHMPNEI/AAAAAAAAeLY/6_LRobvAWWA/s320/mary-poppins-van-dyke_l.jpg

If you guys are going to go on knee-jerk anti-broker rants, maybe throw some actual data or substance in there? Otherwise you add nothing to the discussion here, and only truthskr was funny (hilariously so, I should add) about it. malcolm's post is WAY better than your average "broker shill" post.

He needed an MBA to help him? Could there be a more overrated degree.

bjw my love, the non follow up or response to his last shilleroo opens the field....and felt compelled to step in for w67's absence.

http://streeteasy.com/nyc/talk/discussion/18104-big-well-priced-apartments-are-selling-again