Did you win a bidding war? The ‘winner’s curse’ means you likely overpaid

… edition of his Housing Notes newsletter Paying above the sellers ask has been a way of life for many buyers coming … he said Also fueling bidding wars is a common strategy for sellers and their brokers to price listings close to market … not the case For those buyers the value of the apartment is what the buyer is willing to pay he said … When allcash wins …

By Jennifer White Karp |September 3, 2025 - 3:00PM
7 ways to compete with an all-cash offer

… buyers despite their solid finances she says The reason The selling price was too low Cash provides some level of …   Still theres no denying the allure of a cash offer to sellers If youre a buyer who needs financing to close a deal … the building could put financing in jeopardy  No matter what there is a chance that you can lose your deposit she …

By Jennifer White Karp |May 16, 2023 - 10:30AM
What is an escalation clause and what are the risks?

… both parties For buyers you basically reveal your hand to a seller by indicating you are willing to go higher than your … you might not be able to get financing at the higher price  Sellers could wind up landing at a lower price than what might be generated by simply waiting for other offers …

By Evelyn Battaglia |March 1, 2023 - 12:30PM
Manhattan median rent climbed to record high in January

… The New York City rental activity picked up the pace in January after a lull … new records again In fact Manhattans median rent was the highest on record for the month of January and the … to the previous year for a total of 6353 Manhattans vacancy rate slipped monthly for the first time in nine …

By Jennifer White Karp |February 9, 2023 - 9:30AM