Ranking NYC’s Top Residential Brokerages of 2023
New York City's residential brokerages had their work cut out for them in 2023. Higher mortgage rates coupled with economic and political uncertainty pushed sellers to the sidelines and stalled transactions. Cash buyers were king, snapping up a record share of the few listings hitting the market. For residential players, “2023 was certainly a challenging year, to say the least,” said Brown Harris Stevens CEO Bess Freedman.
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