Manhattan apartment sales increased 29% during the first quarter compared to the same period in 2024. There were 2,560 closed sales in the first quarter, and the total value of apartment sales increased even more, reaching $5.7 billion, up 56% over the same quarter last year.
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Mortgage rate is an important force that drives the market trend. Even though by January 2025 the average rate for a 30-year, fixed-rate mortgage exceeded 7% for the first time since last May, rates saw a slight decre...
Tags:2025 Property Trends, Brooklyn Housing Market, Future of NYC Real Estate, Luxury Real Estate NYC, Manhattan Real Estate Forecast, New York City Housing Market, NYC Home Prices, NYC Investment Properties, NYC Real Estate 2025, Real Estate Growth NYC
Planning a Galveston Island vacation? This historic Gulf Coast destination offers the perfect balance of sun-soaked relaxation, rich cultural experiences, and year-round family entertainment. Just 50 miles from Houston, Galveston is not only a convenient getaway for Texans but also a popular destination for travelers across the country. With over 30 miles of shoreline, vibrant tourist attractions, and a walkable downtown filled with charm, it’s easy to see why Galveston Island is more than jus...
There is increasing urgency to change the way dual agency works. The March 2024 antitrust settlement in Moehrl v. National Association of Realtors (“NAR Settlement”) has had a major impact on the real estate industry and how agents structure their business.1 The National Association of Realtors (“NAR”) has agreed to a $ 418 million dollar settlement. A game changer for the industry.2 The NAR has begun implementing changes as a result of the antitrust lawsuit. They are making changes to...
Tags:Agent, Broker, Buyer, Conflicts, Conflicts of Interest, Dual Agency, Land Sale Agreement, Landlord, Listing Agreement, real estate, Realtors, Rental Agreement, Seller, Tenant