Quite simply, there is intense demand for housing in New York City—people want to be here.
Market Reports
After a record-breaking two years, the market started to cool in 1Q 2022—but rest assured, there is no shortage of active East End buyers.
Undeterred by higher mortgage rates, buyers continued to seek more space and second homes in Palm Beach and bordering communities.
All signs pointed towards a stronger and more attractive Miami Coastal Mainland market, with most trends echoing those in the Miami Beaches.
Competition for apartments in doorman buildings and in prime locations can be intense, with units leasing sight-unseen or over-asking.
This stellar first quarter should have everyone feeling optimistic about another momentous year.
Four of the six Brooklyn areas analyzed set new single- or multi-family townhouse sales records.
With robust sales and improving prices, barring any unexpected shocks, this stellar first quarter should have everyone feeling very optimistic about another momentous year ahead.
Both markets experienced a historically high number of closings while pricing and sales volume soared to record high levels.