Nearly a third of sales in Brooklyn went to bidding wars in the third quarter

… Rising mortgage rates prompted buyers and sellers to act with urgency in the third quarter … record at nearly one in five sales suggesting just how many buyers are paying above the asking price for their … during the third quarter of last year was $928500 … Is it a buyers market … Fewer sellers are willing to put their …

By Emily Myers |October 13, 2022 - 9:30AM
The average rent for a Manhattan apartment keeps climbing above $5,000. What happens when demand falls?

… 40 times the monthly rent making getting a new apartment in NYC a daunting proposition these days Its not just large or … job losses he says … Another perspective Rents fall 10 to 15 percent … However job losses are already happening in … for new leases and the cost of moving are currently keeping people from moving out of the buildings he works with Frisch …

By Jennifer White Karp |August 11, 2022 - 9:30AM