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

… you can expect to face increased competition from foreign buyers in the new year brokers tell Brick But many may be … foreign clients says deals involving international buyers ground to halt in 2022 That discrepancy could be … Lahav says For example he points to Israelis who have been buying in NYC recently thanks to a strong shekel Locals on …

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 …

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

… by the end of the year may have given New York City buyers and sellers the jitters The resulting rise in the … in recent quarters but the move is likely to hurt firsttime buyers experts tell Brick However other factorslike a lack … and severe inflationpose longterm threats that could chill buying in NYC The Feds move was an effort to corral what is …

By Jennifer White Karp |March 21, 2022 - 1:30PM
Is now the right time to sell in NYC? Brokers sound off on six scenarios

… point he says People are also not eager to uproot their lives and move in the middle of a New York winter If youre …

By Emily Myers |November 2, 2021 - 9:30AM