Weekly Manhattan & Brooklyn Market Update: 12/23

Rihards Gederts - Elegran | Forbes Global Properties Counter-Cyclical Manhattan Gains Ground Over Brooklyn As the year winds down, Manhattan and Brooklyn’s residential markets tell two distinct stories. In Manhattan, contract activity held steady at 214 signed contracts, mirroring the prior week’s

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Weekly Manhattan & Brooklyn Market Update: 12/16

Photo by Elias Andres-Jose on Unsplash Manhattan and Brooklyn Real Estate Markets Stay Active Despite Seasonal Slowdown The Manhattan and Brooklyn real estate markets continued to show resilience during the second week of December despite the holiday season. In Manhattan, the supply of homes for

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The Federal Reserve announced a 50 basis point (0.5%) rate reduction.

Rihards Gederts - Elegran | Forbes Global Properties This is a long-awaited rate cut - the first in 4-years and the largest rate cut since 2008.What could it mean for Mortgage Rates and NYC Real Estate moving forward? Impact on Mortgage Rates: Although recent and expected rate cuts are already f

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