Property Prices are stabilizing and “will eventually rise. Potential buyers should think about “start making a move,” given that mortgage rates have fallen in recent weeks, and that low demand during the holiday season may soften sellers’ resolve a bit.”
“Buyers may want to act now rather …We’re probably at an inflection point where rates have come down enough that more buyers are coming back into the marketplace, and prices have certainly not gone up” but they will.
“As a buyer, you can expect to face competition from international buyers who are returning to Manhattan post pandemic.”
“Foreign buyers made up nearly a third of the city investors in 2023…the highest share of the total buyer pool since 2019.”
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