Manhattan deals rose to highest level in nearly two years, defying national trends

… The US real estate market may be in the absolute dumps but Manhattan deals are booming Manhattan sales rose to their … This new law shifts the burden of paying broker fees from renters to landlords when landlords hire the brokers While this is strictly a rental law since its implementation rents increased by 15 …

By Jennifer White Karp |July 2, 2025 - 9:30AM
How to attract an all-cash offer for your NYC property

… international buyers looking for a second or third home parents looking to purchase a unit for their adult child or an investor looking for a property they can rent out Proa said That does mean that condos tend to be more attractive to cash …

By Celia Young |May 24, 2024 - 12:30PM
Fannie Mae predicts a mild recession for the U.S. in the first half of 2024

… indicate a mild downturn in the first half of 2024 US buyers dont feel great about the overall economy and the vast majority dont believe its a good time to buy a home as mortgage rates and home prices continue to … in the current range of 525 to 55 percent UPDATE This is what happened however Fed officials also suggested that they …

By Jennifer White Karp |September 19, 2023 - 3:00PM
The Bronx makes list of the 50 most expensive neighborhoods in NYC for the first time

… The Bronx is in the house A new ranking of the 50 most expensive … by neighborhood in the first quarter of 2023 found that NYCs median sales price dropped $58000 year over year as the … deals fell 35 percent But the Bronx neighborhood of Fieldston stands out with a 149 percent surge in median sales …

By Jennifer White Karp |April 27, 2023 - 12:30PM
Rising mortgage rates spark sales in Brooklyn and Queens

… sales surges occurred during the quieter winter months when buyers are traditionally less active This burst of … no question that the spring will be an active one for buyers though it may be tempered somewhat by rate increases … What does all this activity mean …

By Emily Myers |April 14, 2022 - 9:30AM