04/23/2023
Mortgage rates are projected to fall this summer!! This means that more buyers are looking to purchase properties. However, There is limited inventory. Sellers are reluctant to put their property on the market because they have mortgages with lower interest than those currently available. This spring, NYC will have extremely competitive market due to an increase in buyers. This is one of the reasons why it's important to have a realtor help you find your perfect home. Take a look at the article below.
Contact me at [email protected] if you are looking to buy/sell your home.
The recent decline in mortgage rates increases the average NYC buyer’s budget by approximately $83,000. Read more in StreetEasy's latest market report.