Author name: Alpha Park Consulting

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2024 NYC real estate forecast: Buyers and sellers emerge, renters gain leverage

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 […]

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3 homebuying approaches to take in 2024: MoneyWatch

Be Informed, Be Aggressive, Be Realist In this economy, it is extremely important for potential buyers to be on informed on everything related to the real estate market, interest rates and broader economic trends. It also means being aggressive and proactive when the rate environment changes in a more favorable way, while always maintaining a

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Buyers Will See More Opportunities in NYC as Affordability Improves: StreetEasy

Buyers Can Expect More Room for Negotiation Despite year-over-year growth in median asking prices, there are emerging signs of buyers regaining an edge in the NYC sales market. Due to low inventory, sellers held firm in 2023, but this year, buyers will see their negotiating power slowly rise. Continue

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