Elegran Manhattan Market Update: June 2022

Overall Manhattan Market Update: June 2022 Manhattan Market Update May wraps up the busy spring season for Manhattan Real Estate as Memorial Day marks the unofficial start of summer. March, April and May are typically the busiest months as measured by contract activity. May 2022, true to trend, had

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Why Pre-approval Is a Crucial Step in the Home Buying Process

Photo by Nick Morrison on Unsplash If you’re looking to buy a home, you’ll probably hear words like “pre-approval” or “pre-qualification” for a mortgage. Some real estate professionals use these terms interchangeably, but they mean different things. In this article, we’ll explain the difference betw

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Weekly Manhattan & Brooklyn Market: 5/23

Photo by Harry Gillen on Unsplash Week of 05/23/22 The market is now beginning to experience a net-surplus of new listings, as supply shifts higher. This change comes after months of a prolonged net-deficit of supply. This week supply increased 2% in Manhattan and increased 7% in Brooklyn. Contract

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