Weekly Manhattan & Brooklyn Market: 8/1

Week of 08/01/22 As the real estate market closes out July, there is a sense of increased activity in the market compared to earlier in the month. Have we seen the seasonal low in terms of buyer demand and market activity? It’s too early to know for certain, and we will continue to monitor and repor

MORE

Weekly Manhattan & Brooklyn Market: 7/25

Week of 07/25/22 Last week was an exceptionally hot one, in terms of the weather, and a lukewarm one for the real estate market; making it a normal summer week. Supply decreased 1% in Manhattan and increased 1% in Brooklyn overall compared to last week. In the same period, contract activity decrease

MORE

Less Than you May Think: Quantifying the Per Day Cost From Rising Interest Rates

Photo by Kostiantyn Li on Unsplash We all know that mortgage rate and total monthly payment are directly proportional. It’s intuitive — the higher the rate, the greater the monthly payment. However, what will be news to most is that the ratio between principal and interest varies with the rate. In f

MORE