Greetings, 

Hope everyone had a great holiday season and New Year. 2018 was a year of uncertainty and a softening sales market. In 2019, we're starting to see buyers re-enter the market, which is a promising sign. Many buyers are leveraging their newfound power to score some great deals. Of course, we have no way of knowing for certain whether we've hit the bottom of the market, but we have seen a recent uptick in activity and open house traffic. In the last few weeks, many offers have been submitted, with some listings receiving multiple offers. Many of these offers were on apartments with steep price cuts. Some listings are still sitting, and the higher end of market is still hurting due to high inventory. We are beginning to see sellers in certain neighborhoods and price sectors list again, but pricing low and competitively. The rental market is strong and bargains abound; we are seeing very high volume, with over 50% of listings offering concessions. I've included a few interesting news articles as well as Elliman's latest market reports. And as always, if you have any questions or know of any friends or family members in the market to buy, sell, or rent a home, please keep me in mind. 

All my best,