What Happened in Real Estate in June 2022 Skyrocketing home prices, historically low mortgage rates, and a lack of inventory may be coming to an end as the Fed continues to tighten policy amid staggering inflation. As the market responds, or recalibrates as we say in...
With volatility in the financial markets and fears of a recession rising, will property grow more alluring? Or will prices peak? As we track the trends, the answer may be both. Across the country, home prices have been sky high, but buyer sentiment dropped to the...
Across the board, real estate markets are proving to be vulnerable to the rising interest rates. In Westchester, Miami, and even areas of New York City, the red-hot demand showed signs of cooling throughout April. And just as mortgage rates took some of the edge off...
March was a banner month in New York City. Across all residential property types, contract signings in Manhattan and Brooklyn increased – a first for Manhattan since 2022 began. Townhouses were highly desirable in Brooklyn and topped the list of priciest sales for the...
As the country endures record inflation and the impacts of Russia’s invasion of Ukraine, surprisingly – or not – the New York real estate market seems relatively unphased from the trajectory it’s been on since pandemic recovery began. February is being categorized by...
Despite the surging of the latest Covid variant, the beginning of the year continued to show staggering movement when it came to real estate transactions. In January, contract signings were more than double what they were before the pandemic began. February continued...
