http://theapplepeeled.com/ The Buyer Index: 62 (2.9% increase from 61 last quarter), the improvement of which driven by a whopping 8% increase in buyers’ housing price outlook, versus the small 2.2% increase in seller expectations. This could indicate that buyers are moving closer to sellers’ perspectives, and not the other way around, a potential sign (though too early to tell) that sellers are... [more]
http://theapplepeeled.com/
The Buyer Index: 62 (2.9% increase from 61 last quarter), the improvement of which driven by a whopping 8% increase in buyers’ housing price outlook, versus the small 2.2% increase in seller expectations. This could indicate that buyers are moving closer to sellers’ perspectives, and not the other way around, a potential sign (though too early to tell) that sellers are regaining their leverage.
Everyone talks about the buyer/seller bid/ask tug of war. Will bids win out or asks? No one can quantify it. If this index works then you've scored TAP.
Everytime I visit TAP, I'm imagining brainy, sexy, beautiful women together writing up this blog. Then right after they finish it's one big pillow fight..: ) just kidding. I just know they're hot. Luv this blog!
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Response by steveF
over 15 years ago
Posts: 2319
Member since: Mar 2008
I hope everyone is reading. This is quality stuff. It's all about SENTIMENT/perception. "All we have to fear is fear itself"
Nice job TAP. I'm sure your sentiment would have been way below 50 for the duration of Sep08-March 09.
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Response by lucillebluth
over 15 years ago
Posts: 2631
Member since: May 2010
just a hunch based on nothing, but no way are the writers of this female. a professional woman who wanted to be taken seriously would stab herself in the eye before doing that cutesy schtick. these are guys writing this. fat guys. and we'll know how brainy they are when they politely and cutely ask you to pretty please with a cherry on top stop promoting their publication.
slanted survey?
from the real estate industry?
no way...
not those people.
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Response by lucillebluth
over 15 years ago
Posts: 2631
Member since: May 2010
oh sh*t! they ARE hot girls! for shame, sister soldiers. for shame.
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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010
Lucille, listen to aboutready, she has "grandmotherly experience"
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Response by lucillebluth
over 15 years ago
Posts: 2631
Member since: May 2010
well, she's not stating an opinion, the real deal says this thing put out my this team.
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Response by Honeycrisp
over 15 years ago
Posts: 190
Member since: Dec 2009
Hi everyone - and thanks, SteveF for picking this up.
Truth be told, we had no idea where the numbers would land in terms of the index ... and were pleasantly surprised when they came in close to the national numbers from both the Michigan and Conference Board surveys (even though they're not real estate specific).
Was was interesting (and yet not surprising) was the divergence between sellers and buyers ("no sh**", some of you might say). In fact, the buyer index shows an anticipated contraction in prices with a level in the 40s.
Over time, we can't wait to see how the index evolves, wherever it may go. We constructed the questions and calculated the values based on the methodology of the Conference Board. While yes, lo and behold, we are agents, I hope our content and objectivity over the last 15 months of blogging on our site can lend credence to the fact that we are not massaging these numbers.
For the streeteasy community, below I'm attaching the different index levels for Current + Future Economic Conditions, Current + Future Personal conditions, Housing Prices, Overall levels for buyers and sellers, and the combined buyer/seller indices below (with the change from last quarter). As you will see, buyers' future economic levels are only at .55, and their housing price expectation is at .43, which is up from a very low .39 last quarter.
Combined Sentiment Index0.72 2.9%
Combined Current Index 0.77 1.9%
Combined Future Index 0.68 3.7%
Looking forward to your thoughts :)
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Response by Honeycrisp
over 15 years ago
Posts: 190
Member since: Dec 2009
ok - so that doesn't look formatted the way I wanted, but the data's still there, just not quite lined up with the headers
enjoy :)
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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007
congratulations on your joining elliman. i think earlier i read that you had "teamed up" with the margolis group. i had no idea they now have managerial control of the blog.
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Response by Honeycrisp
over 15 years ago
Posts: 190
Member since: Dec 2009
thanks, aboutready :)
to be clear, elliman does not have managerial control of the blog - nothing has changed on the blog front - we have continued writing the blog independently since June, when we joined Elliman and, truthfully, the blog has never come up with management
further, we have wanted to create an index for a looong time, and this is when we finally got around to doing it (which is why, to some readers' dismay or disappointment (note the funny "sisters" comment above) we have maintained our quirky style, sense of humor, etc.
we would say to those thinking we're selling out on the woman front, please don't mistake our humor for a lack of seriousness - we just refuse to take ourselves too seriously. between Wharton MBAs and degrees in finance/economics, howeer, we do take quite seriously our mission of elevating the level of discourse in Manhattan Real Estate - that's why we entered the industry to begin with. these values matched those of Howard Margolis, and lead to our creating this team.
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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007
don't you think in the interest of fair disclosure that it might be nice if you were to mention your new employer on your website? i totally thought you were independent.
and you might ask the real deal to retract, as they described your blog as "The Apple Peeled, which was founded by Margolis team members Marie Espinal and Ana Maria Sencovici when they were with the Real Estate Group NY, turned over to Margolis team management after the founding pair moved to elliman last year (no money exchanged hands)." you're also referred to as an elliman blog.
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Response by Honeycrisp
over 15 years ago
Posts: 190
Member since: Dec 2009
aboutready - truth be told, we're just getting around to redoing he site to give attribution to us (after all, what good is it if noone knows who you are) - right now, we haven't yet used the site to generate business (otherwise, we'd have our profiles there, some sign-in sheet, etc.)
as for the Real Deal, I wouldn't say there's untruth there - the blog was founded by me & Marie when we were at TREGNY. As for it turning over to Margolis team management, that would be me, Marie, Howard and Jeff *lol* so, that would mean we're managing it :)
As for it being an elliman blog, I'm not quite sure what that means - we're agents, yes, and we work at Elliman and we have a blog
If you note the content from June (when we joined) to now, I'm sure you will note no difference in our content or the way we report it.
also, i noted huntersburg's comments - are you with BrickUnderground? if so, Teri actually often refers to our blog as run by agents/brokers, so we've had nothing to hide
hope that helps answer some questions
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Response by chiquiquita
over 15 years ago
Posts: 19
Member since: May 2009
how often will you be releasing index data?
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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010
>also, i noted huntersburg's comments - are you with BrickUnderground? if so, Teri actually often refers to our blog as run by agents/brokers, so we've had nothing to hide
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Response by Honeycrisp
over 15 years ago
Posts: 190
Member since: Dec 2009
chiqui - we will be releasing the data on a quarterly basis - this is based on the underlying assumption that confidence sentiment doesn't change materially from month to month
I hope everyone is reading. This is quality stuff. It's all about SENTIMENT/perception. "All we have to fear is fear itself"
Nice job TAP. I'm sure your sentiment would have been way below 50 for the duration of Sep08-March 09.
just a hunch based on nothing, but no way are the writers of this female. a professional woman who wanted to be taken seriously would stab herself in the eye before doing that cutesy schtick. these are guys writing this. fat guys. and we'll know how brainy they are when they politely and cutely ask you to pretty please with a cherry on top stop promoting their publication.
http://therealdeal.com/newyork/articles/36961?utm_campaign=Feed%3A+trdnews+%28The+Real+Deal+-+New+York+Real+Estate+News%29&utm_medium=feed&utm_source=feedburner
ar,
what r u trying to say?
slanted survey?
from the real estate industry?
no way...
not those people.
oh sh*t! they ARE hot girls! for shame, sister soldiers. for shame.
Lucille, listen to aboutready, she has "grandmotherly experience"
well, she's not stating an opinion, the real deal says this thing put out my this team.
Hi everyone - and thanks, SteveF for picking this up.
Truth be told, we had no idea where the numbers would land in terms of the index ... and were pleasantly surprised when they came in close to the national numbers from both the Michigan and Conference Board surveys (even though they're not real estate specific).
Was was interesting (and yet not surprising) was the divergence between sellers and buyers ("no sh**", some of you might say). In fact, the buyer index shows an anticipated contraction in prices with a level in the 40s.
Over time, we can't wait to see how the index evolves, wherever it may go. We constructed the questions and calculated the values based on the methodology of the Conference Board. While yes, lo and behold, we are agents, I hope our content and objectivity over the last 15 months of blogging on our site can lend credence to the fact that we are not massaging these numbers.
For the streeteasy community, below I'm attaching the different index levels for Current + Future Economic Conditions, Current + Future Personal conditions, Housing Prices, Overall levels for buyers and sellers, and the combined buyer/seller indices below (with the change from last quarter). As you will see, buyers' future economic levels are only at .55, and their housing price expectation is at .43, which is up from a very low .39 last quarter.
Current Econ Future Econ Current Pers Future Pers Housing Prices Overall
Buyer 0.71 0.55 0.68 0.75 0.43 0.62
Seller 0.85 0.79 0.84 0.88 0.69 0.81
Combined Sentiment Index0.72 2.9%
Combined Current Index 0.77 1.9%
Combined Future Index 0.68 3.7%
Looking forward to your thoughts :)
ok - so that doesn't look formatted the way I wanted, but the data's still there, just not quite lined up with the headers
enjoy :)
congratulations on your joining elliman. i think earlier i read that you had "teamed up" with the margolis group. i had no idea they now have managerial control of the blog.
thanks, aboutready :)
to be clear, elliman does not have managerial control of the blog - nothing has changed on the blog front - we have continued writing the blog independently since June, when we joined Elliman and, truthfully, the blog has never come up with management
further, we have wanted to create an index for a looong time, and this is when we finally got around to doing it (which is why, to some readers' dismay or disappointment (note the funny "sisters" comment above) we have maintained our quirky style, sense of humor, etc.
we would say to those thinking we're selling out on the woman front, please don't mistake our humor for a lack of seriousness - we just refuse to take ourselves too seriously. between Wharton MBAs and degrees in finance/economics, howeer, we do take quite seriously our mission of elevating the level of discourse in Manhattan Real Estate - that's why we entered the industry to begin with. these values matched those of Howard Margolis, and lead to our creating this team.
don't you think in the interest of fair disclosure that it might be nice if you were to mention your new employer on your website? i totally thought you were independent.
and you might ask the real deal to retract, as they described your blog as "The Apple Peeled, which was founded by Margolis team members Marie Espinal and Ana Maria Sencovici when they were with the Real Estate Group NY, turned over to Margolis team management after the founding pair moved to elliman last year (no money exchanged hands)." you're also referred to as an elliman blog.
aboutready - truth be told, we're just getting around to redoing he site to give attribution to us (after all, what good is it if noone knows who you are) - right now, we haven't yet used the site to generate business (otherwise, we'd have our profiles there, some sign-in sheet, etc.)
as for the Real Deal, I wouldn't say there's untruth there - the blog was founded by me & Marie when we were at TREGNY. As for it turning over to Margolis team management, that would be me, Marie, Howard and Jeff *lol* so, that would mean we're managing it :)
As for it being an elliman blog, I'm not quite sure what that means - we're agents, yes, and we work at Elliman and we have a blog
If you note the content from June (when we joined) to now, I'm sure you will note no difference in our content or the way we report it.
also, i noted huntersburg's comments - are you with BrickUnderground? if so, Teri actually often refers to our blog as run by agents/brokers, so we've had nothing to hide
hope that helps answer some questions
how often will you be releasing index data?
>also, i noted huntersburg's comments - are you with BrickUnderground? if so, Teri actually often refers to our blog as run by agents/brokers, so we've had nothing to hide
chiqui - we will be releasing the data on a quarterly basis - this is based on the underlying assumption that confidence sentiment doesn't change materially from month to month
did anyone else see this??? they finally have a page up for the index now
www.theapplepeeled.com/index
ballsy move to create thing, girls - let's see what you've got
took the poll - it better be good!