WEEKLY NOTES

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WEEKLY NOTES

Housing, Inflation, Economy and More.

10.13.2024

US Presidents and their homes - LINK

My fav New Development. Fort Greene. By @Tankhouse.

A no brainer. Get @ me for details - LINK

144 Vanderbilt Ave - 26 units, 8 stories

The higher the DOM (days on market) the larger the delta

between asking price and final closed price.

Sellers: It is key to price right from the jump

Buyers: High DOM doesn't always = something is wrong

but DOM does provide context and potential leverage

"The median rent on new leases fell 3.4% from a year earlier to $4,200."

Lowest headline inflation since Feb 2021 but this month's reading came out a bit "hotter" than expected.

On the brigther side of things... rent a car, fill'er up, stay in a hotel, & go buy some iconic furniture.

Set it and forget it - LINK

One of the biggest risks in housing is our climate - LINK

It's all very regional - broad strokes is no good folks - LINK

5.5% is the magic rate % where affordability gets back to historical levels - LINK

$550M Philharmonic acoustics, "The sound is HONEST" - LINK

How to get a Michelin Star - LINK

Taiwanese Soup Dumplings - LINK

Citibike side hustle.

If you don't have a side hustle are you really hustling? - LINK

Scat man - LINK

Meeting people IRL, it's good.

Seinfeld, Churchill, Fitzgerald...love! - LINK

Courtside is the best side - LINK

A perfect pair of gloves - LINK

Power seat(s) - LINK // LINK // LINK

Michael Kahler

Licensed Real Estate Salesperson

M: 972.935.7904

michael.kahler@compass.com

Office: 646-982-0353

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.