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

… In 2024 mortgage rates were stubbornly high despite three interest rate cuts … some wouldbe buyers to make their move out of the rental market That in turn relieved some pressure on demand for … results immediately Fiegler said … Growing awareness of Good Cause … In April many NYC marketrate tenants gained new …

By Jennifer White Karp |January 2, 2025 - 12:30PM
Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… The concept of a seller loaning a buyer the money to buy their property may strike you as impossible or … pitfalls to watch out for Read on if you want to figure out how to make seller financing work for your deal Editors note … 3 percent or one just a point or half point below whats currently available like 7 or 75 percent Either way with the …

By Jennifer White Karp |December 29, 2023 - 3:30PM
New deed theft law offers NY owners more protections from scammers

… Kathy Hochul signed legislation on Tuesday offering new protections against deed theft a crime in which con … signing away their houses The practice is common in New York City the Sheriffs Office has received at least 3500 … this legislation however we are empowering homeowners and law enforcement to fight back against deed theft … Pausing …

By Celia Young |November 15, 2023 - 4:45PM