As we approach the end of 2024, there’s growing speculation about the Federal Reserve’s actions on interest rates—and what it could mean for the real estate market. With the FED’s next talk scheduled for December, many had anticipated a potential rate cut, but current indicators suggest we may not see Read more…
Introduction The Empire State remains as alluring as ever, but the face of its real estate market is evolving. Once dominated by New Yorkers, the city’s housing market is now seeing a shift: buyers from outside the city—especially from states like Florida, California, and beyond—are increasingly looking to call New Read more…
Introduction Donald Trump’s return to the White House following the recent presidential election has sparked widespread discussion about the future of the housing market. Many are eager to understand how a second Trump administration might shape this crucial sector of the economy. This article delves into the potential effects of Read more…
The Upper East Side real estate market has shown significant growth over the past year, marked by a steady increase in the average price per square foot. This reflects strong demand and the neighborhood’s desirability. Liquidity remains high with consistent sales and transactions, and properties often sell quickly, frequently receiving Read more…
Integral to New York City’s housing market, TriBeCa offers a mix of pre-war buildings, converted lofts, and modern luxury developments. Historically, property values in the area have outpaced those of other Manhattan neighborhoods due to its prime location near the Financial District and its allure for celebrities, business figures, and Read more…
Located in downtown Manhattan, Chelsea is a vibrant neighborhood renowned for its rich cultural heritage and diverse real estate market. Chelsea distinguishes itself with opulent amenities and a thriving real estate scene, offering luxury options like townhouses, condos, and penthouses. Particularly, West Chelsea has emerged as a hotspot for luxury Read more…
West Village is a highly sought-after neighborhood known for its historic charm, trendy shops, and vibrant dining scene. If you’re considering buying or selling a property in West Village, this blog will provide you with valuable information on current market trends and key insights into the housing market, including the Read more…
In the dynamic world of New York City real estate, investors often ponder the perfect moment to acquire properties. Given NYC’s stature as a global financial and cultural epicenter and its ever-shifting market dynamics, strategic investment decisions are paramount. In this article, we delve into the pivotal factors shaping real Read more…
By Kenny Lee | Original Article from: https://streeteasy.com/blog/buyers-will-see-more-opportunities-as-affordability-improves/ Key Takeaways: The average 30-year fixed mortgage rate fell to nearly 6.5% in the first week of 2024, after peaking at close to 8% in October. While mortgage rates will remain volatile, this lower rate suggests more homes are primed to enter the Read more…
