Rate Hikes ? ? ?

Not sure how many; but if the economy hiccups an iota the Fed will slow down. I would think the spring market will be strong, however, because of the fear of rising rates

2-3 rate hikes but only 0.25% each (I'm leaning towards 2 based on the slack that's in the commodity space).

And no....they wont be turning off the champagne for some time. We are STILL in a period of risk which ironically means "risk on" as the central bankers are funding the slush to prop everything up.

3 max. We get to 1% - unless China, Europe and Commodities are doing much better. In my opinion, new peak fed fund rate may be 2.5% percent range. With even cabs driving more automated, wage inflation will be hard to find and govt welfare programs needed to keep the peace between haves and have nots will continue to slow down the growth.

On Bubble:
Stock market iffy but holds current levels or goes a little higher. Easy money made already.
I think real estate has more to go. Unclear about ultra-luxury real estate >$5mm in NYC. Condo taxes, supply, and lower bonuses on Wall street are killing it.

NYC residential RE peaked in Q2 2015. I have no idea how many rate hikes, and really, what difference does it make? 0.25% or 1.0%?

Completely agree , 4 hikes , or 1% would be a disaster in NYC

Inyterest rates always make a difference

in case u missed it....How many times do the uniformed need to realize that a rising rate environment goes hand in hand with a strengthening economy which means rising wages which more than offset your interest rate related higher mortgage payment. Also as Fieldchester pointed out more than half of Manhattan transactions are cash

As rates rise, fixed-income investments become more attractive places to park one's money than real estate. In a normal economy, real estate does not appreciate by 8% per year.

The always bullish shills are out in force ..."buy buy buy buy "

>In a normal economy, real estate does not appreciate by 8% per year.

When was the last time Manhattan RE was tied to a "normal economy"?

Next rate hike is not predicted to be pushed out another quarter - sell? buy? order take-out?

Yellen and company has caved in to the big banks. Everyone knows this "recovery" is weak at best. As far as the jobs number, so many are part time, and the labor participation rate is the lowest in over thirty years which is the real reason the unemployment rate went down. Yellen may at some point have to lower rates.

Admin2009..no one is out in force saying.."buy buy buy". You are the one who is talking about popping some bubble. We are offering valid arguments to your interest rate theories.

"will they " vs " they will" . . . . that is . . . the question vs the statement