Manhattan Market Report for the week ending December 2nd, Supply closed out at 7,022. Pending Sales at 2,511 and off-market listings maintain the market pulse at a .36% level. Market Pulse The market pulse measures the ratio of supply and demand seems to continue to evidence the beginning of the buy-side leverage peaking. UrbanDigs reports "a bottom formation tends to occur when a Continue Reading
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a home purchase this winter, you’ll need to be strategic so you can find a home that meets your needs and Continue Reading
Key Takeaway As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This Home Selling list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. Let’s connect so you have advice on what you may want to do to get your Continue Reading
If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says: “Many young adults have Continue Reading
If you’re considering buying a home, you’re likely trying to juggle your needs, inventory, current mortgage rates, home prices, your schedule, and more to decide if you want to jump into the market. If this sounds like you, here’s one key factor that could help you with your decision: more homes are for sale today than last year. According to Calculated Risk, for the week Continue Reading
Homeowners if you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament that they Continue Reading
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. And, this month, the average rate for Continue Reading
Key Takeaways You may wonder what needs to be renovated before selling your house. In today’s shifting market, making your house appealing is more critical than ever. Sellers consider requesting a professional assessment before listing your home on the market. A pre-listing inspection provides you with upfront information about the condition of your Continue Reading
Manhattan Market supply The Manhattan Market Report for the week ending November 11th, Supply closed out at 7,501 and Pending Sales at 2,584, maintaining the market pulse in buyer leverage territory at .34% Market Pulse The market pulse measures the ratio of supply and demand seems to continue to evidence the beginning of the buy-side leverage peaking. Continue looking for Continue Reading
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