Weekly Manhattan & Brooklyn Market: 3/13

Mortgage “Deterrent” Within the color-coded “Total Weekly Demand” chart below, we’ve placed Mortgage “Deterrent” in quotes. Why? Well, climbing mortgage rates did deter consumerism in 2022. In May, as interest rates breached 5%, demand for NYC residential real estate quickly dialed down from 75% abo

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What Are Luxury Home Buyers Prioritizing in NYC Real Estate?

Forbes Global Properties recently released its annual “Perspectives” report, which serves as a comprehensive outlook on the state of the luxury home market around the world. The report canvassed and collected knowledge from the company’s global network of over 13,000 agents operating from 440 office

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Elegran Manhattan Market Update: March 2023

Manhattan Market Update: Still a Strong Buyer’s Market In February, demand continued to underperform its pre-pandemic average*, yet is marching towards parity. Supply is more robust than its pre-pandemic average, and price per square foot has waned over the past few months. Combined, these three fac

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