How to attract an all-cash offer for your NYC property

… is  With high interest rates making financing expensive NYCs sales market has skewed towards buyers with more cash … A broker should tap their connections in wealth management firms investment advisors family offices and with agents … go to networking events with clientele who understand the financial market and then also network with other financial

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

… A new forecast from Fannie Maes Economic and Strategic … indicate a mild downturn in the first half of 2024 US buyers dont feel great about the overall economy and the … When will the Fed shift to making interest rate cuts which could in turn bring down record high mortgage rates that …

By Jennifer White Karp |September 19, 2023 - 3:00PM
How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

In addition to the sales price of a coop or condo an important … when you buy in New York City is an apartments carrying coststhe monthly payments youll make towards building … getting buyers boardapproved Get in touch with us > > … Use average carrying costs as a benchmark … Seth Levin a broker …

By Emily Myers |March 13, 2023 - 12:30PM
NYC's top ultra-luxury sales for 2021 reflect a wild comeback

… The New York City real estate market had a wild ride this past year … of buyers at ultraluxury price points he says In Manhattan that translates into large new condos in and … in 2022 to follow a similar distribution he says … Top Manhattan closed sales of 2021 … 220 Central Park South 60 …

By Jennifer White Karp |December 16, 2021 - 1:35PM