How's The Market?

While real estate #NorthofNYC has seen a continued decline in home sales due to persistent low inventory levels, median prices have increased across many markets, offering sellers favorable returns. 

We are seeing positive signs that 2024 will bring new opportunities for both sellers and buyers, with an indication from the Federal Reserve that mortgage rates will begin to trend downward mid-year.

While demand is likely to increase further as more buyers enter the market, expectation is this movement may also begin to alleviate inventory shortages as some of those buyers will also be sellers.

Contact us for a complimentary consultation to discuss options tailored to your personal circumstances.