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Q3 2024 Manhattan & Brooklyn Market Update!
Manhattan’s residential real estate market showed resilience, even as the anticipation of lower mortgage rates temporarily held back some buyers for most of the quarter. When mortgage rates finally began to fall, reaching their lowest level in 1.5 years, buyers responded positively but overall contracts signed remained close to levels seen this time last year.
How To Price the Priceless Features of Pre-War Buildings!
How to value the price of priceless features found in pre-war buildings? The construction time span for these iconic buildings is usually defined as 1900 to 1939, but apartments dating back to the 1880s are often included in the prewar category.
1Q 2024 Manhattan & Brooklyn Market Update!
In the first quarter we saw signs of improvement in both the Manhattan and Brooklyn markets, but the long-awaited interest rate decreases have yet to make their highly anticipated debut.
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