The 2012 Hamptons summer rental market is on fire. The unseasonable warm winter weather has brought potential summer renters out early this time around. Many brokers have reported that they began showing clients properties as early as October 2011 for the 2012 summer season. Many agencies have also reported that due to the early jumpstart most all of the summer <READ MORE>
The Real Deal Magazine just published their annual Data Book for 2012, summarizing NYC real estate market in the previous year. Mercedes/Berk is proud to be ranked number five among Top New York City Boutique Firms. In 2012, we continue to work hard for our customers, and look forward to next year’s ranking. Included below is the copy of the <READ MORE>
The real estate market in Manhattan is much stronger than the rest of the nation. Prices and sales volume are still below pre-crash levels, but the economy has not impacted Manhattan like it has other cities. The average sales price, $1.426 million, is not far off from the record high of $1.591 million in 2008. By comparison, prices in Atlanta <READ MORE>
The ultraluxury market in Manhattan which was all but immune to the crash, continues full steam ahead. Property values continue to rise with some actually doubling in price. Buyers at the very top of the market are not impacted by the tightened mortgage market or smaller Wall Street bonuses. The low inventory of new construction has increased demand and foreign <READ MORE>
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