Manhattan co-op and condo sales fall 39 percent but the slowdown is not as bad as it seems

… mortgage rates encouraged homeowners to hold on to their lower rates from recent years he says causing inventory to … of 2023 says Frederick Warburg Peters president of Coldwell Banker Warburg Writing in his firms market report he notes … which may encourage buyers to get back into the market Barring a significant increase in new inventory we may not …

By Jennifer White Karp |July 6, 2023 - 9:30AM
Job cut jitters spur NYC buyers to ask for employment contingencies

… clauses to be added to contracts in case they lose their jobs before the contract is signed This unusual escape plan … and allows the buyer to back out if they lose their job or their employment status changes significantly during … date If prior to the closing date the buyer loses their job has their hours reduced to the point where they no …

By Jennifer White Karp |March 21, 2023 - 9:30AM