2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

interest rate cuts by the Federal Reservedue to fasterthanexpected economic growth and inflation concerns Those … high prices and a lack of inventory kept a lot of wouldbe buyers in rentals and this raised competition for … in two years That means one in four buyers paid over ask an average of 58 percent more The borough is pushing the …

By Jennifer White Karp |January 2, 2025 - 12:30PM
How do I keep an inherited brownstone out of the hands of predatory investors?

… … Inheriting property is a windfall for any New Yorker but can quickly turn into a headache when … for the affordable housing nonprofit the Center for NYC Neighborhoods   … Reach out to your relatives … Before … a sale if you do decide to part ways with the property Its best to try to establish a friendly relationship from the …

By Celia Young |July 30, 2024 - 9:45AM
Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… way to fund a deal is something you may start to hear about more frequently now that mortgage rates are inching … because flexibility is the name of the game here but the terms could work like this A seller would require a down … been on the seller side too and says she feels the same way about receiving monthly payments in fact the longer the …

By Jennifer White Karp |December 29, 2023 - 3:30PM