They're back: NYC buyers can expect more competition from foreign investors in 2023

… deals involving foreign buyers If anything our clients are selling as opposed to buying Its a surprising turn of events … arent turned off by the exchange rate Its good news for NYC sellers he says pointing to the massive surge in demand … on That only really leaves one buying demographic for sellers to tap international buyers he says The stability of …

By Jennifer White Karp |January 3, 2023 - 11:30AM
Buying plans on hold for now? Here's what you can do to gain an advantage later

… Rising mortgage rates which make buying 55 percent more expensive this year have spooked a lot of wouldbe New York City buyers sending them fleeing from the market But even buyers who dont need financing are sitting out Kimberly Jay a broker at …

By Jennifer White Karp |October 25, 2022 - 9:30AM
What the Federal Reserve's move means for NYC buyers and sellers

… coupled with elevated home prices have priced out some wouldbe homebuyers McBride says When inflation starts to … … Inflation could be considered a reason to accelerate your plan to buy if you are contemplating a move When you … income Thats a huge hedge against inflation And you get to live there Cohn says She says there are other approaches to …

By Jennifer White Karp |March 21, 2022 - 1:30PM