Elegran Manhattan Market Update: April 2024

Leslie Cross | Unsplash Overall Manhattan Market Update: April 2024 Demand Rises MoM, Falls YoY, and Continues to Outpace Supply Despite dashed and delayed Fed rate cut expectations and rising interest rates, contract activity in Manhattan increased by 13% in March compared to February.  However, it

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Weekly Manhattan & Brooklyn Market Update: 4/1

The Blowup | Unsplash Heading into Easter, Contract Volume Dips, Yet Consumer Sentiment Remains Strong Heading into the Easter holiday, the Elegran | Forbes Global Properties NYC Consumer Sentiment Index decreased from +51 to +40 this week as 243 contracts were signed in Manhattan and 134 in Brookly

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Home equity loan rate forecast for spring 2024: Here's what experts predict

Following its March meeting, the Federal Reserve did not change the federal funds rate, keeping the target rate at a range of 5.25-5.50%. A few months ago, many experts predicted that the Fed would start cutting rates in early 2024, but conditions have changed, with inflation being more persistent t

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