Brick's 2023 real estate predictions, the return of foreign buyers, & more
iStock
This week readers turned to Brick Underground for our annual real estate forecast to make sense of the year ahead: What will happen with mortgage rates? Will buyers return to the market? Will bidding wars for rentals be back? If you’re planning on renting, buying, or selling, you’ll want to check out our predictions for New York City this year.
Also of interest: Foreign buyers have returned to NYC. Brokers tell Brick that they’re getting lots of calls from international investors about listings in NYC. It’s a wake-up call for homegrown buyers because it means more competition.
Here are this week's top five posts:
1) 2023 NYC real estate forecast: Buyers make a move, sellers return, renters get some breathing room
2) The insider's guide to rent-stabilized apartments: Essential knowledge for New York renters
4) 8 ways to negotiate your rent when renewing your lease
5) They're back: NYC buyers can expect more competition from foreign investors in 2023