Boroughs & Burbs 29: "How's The Real Estate Market Right Now?" Lisa Lippman and Rob Johnson
Manage episode 304114928 series 2814073
This is our first show of Season 2 where we talk to Lisa Lippman and Rob Johnson, the top agents in New York and Connecticut to get at the truth behind what just happened in 2021 and where the market is heading in 2022.
The last time we talked to these agents the New York Times was writing about "The Great Collapse of 2020" saying that "rent in Manhattan had fallen to a level not seen since 2010" blah, blah, blah.
Well, a lot can happen in a year. The New York and Connecticut real estate markets have been vastly altered, some say permanently, as we emerge from the pandemic with new attitudes about housing and the economy.
What can we believe? Let's ask two experts in the market.
Lisa Lippman has 37 listings right now, 5 of them over $10 million. Ranked #1 at Brown Harris Stevens most recently and for the last four years in a row — 2016, 2017, 2018 and 2019 and consistently in the top 50 Brokers in the USA, she has been a top producing broker for over 23 years.
Rob Johnson has 8 listings right now including the most expensive listing in New Canaan. He has been the top producing agent at Brown Harris Stevens in Greenwich for the last 3 years, as well as the top producing agent in all of Connecticut for Brown Harris Stevens in 2018, 2019, and 2020.
How Do We Make Sense of These Ten Headlines?
1. Here’s where NYC’s real estate market stands right now (NYPost)
2. Manhattan is not only back, it’s surging to pre-COVID levels (NYPost)
3. NYC is Still A Buyer's Market [but the pendulum is swinging] (Bloomberg)
4. Understanding The Record Absorption Of Manhattan's New Development (Forbes)
5. Listings that linger may present opportunity (NYT)
6. Buyers, Act Fast And Be Bold: Today’s Real Estate Market Doesn’t Wait For Anyone (Forbes)
7. After a Years-Long Slump, New York Townhouse Sales Picked up in the Pandemic (Mansion Global)
8. Hot Manhattan Markets: Influx Of Demand Spurs Deal Activity In Morningside Heights, UES (Forbes)
9. Rental price trends are stabilizing, causing tenants to lock in longer leases (Crain's)
10. Last Week in Research (Greg Heym - Chief Economist for BHS)
Boroughs and Burbs (Season 1)
EPISODE 1: Boroughs & 'Burbs (Greg Heym, Steven Kliegerman, Jayme Stevenson, Arnold Karp and Scott Hobbs)
EPISODE 2: Boroughs & 'Burbs (Louise Phillips Forbes and Scott Hobbs)
EPISODE 3: Boroughs & 'Burbs (Ari Harkov and Eileen Hanford)
EPISODE 4: Boroughs & 'Burbs on the New York Recovery (Greg Heym, Chief Economist)
EPISODE 5: Boroughs & 'Burbs focus on The Hamptons and Greenwich (Rob Johnson, Tim O'Connor)
EPISODE 6: Boroughs & 'Burbs focus on Great Designers (John Barman, Denise Davies, John Douglas Eason, Anjali Pollack)
EPISODE 7: Boroughs & 'Burbs focus on Palm Beach (featuring Whitney McGurk)
EPISODE 8: Boroughs & 'Burbs Manhattan and Darien (Mike Lubin, Amanda Spatola)
EPISODE 9: Boroughs & 'Burbs "Disruption Dislocation and Details" (John Allen, Phil Horigan)
EPISODE 10: Boroughs & 'Burbs "Evolving Tastes with Christopher Peacock" (Christopher Peacock)
About Boroughs & Burbs:
This is our weekly wide-ranging zoom conversation with real estate experts from around our area. We are joined by various guests each Thursday at 4pm, hosted by John Engel in Connecticut and Roberto Cabrera in New York.