Interest Rates Are Down, So What's Going On? | November 2023 Manhattan Real Estate Market Report Analysis
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Interest Rates Are Down, So What's Going On? | November 2023 Manhattan Real Estate Market Report Analysis
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Welcome to the Real Talk NYC Real Estate Podcast, where experienced, expert NYC real estate brokers John Gasdaska and Jonathan Conlon break down what’s happening in the market, what you need to know whether you’re a buyer, seller, or agent, and their insight into the future, with a little bit of fun along the way.
High interest rates, world events, and a steeper year-over-year decline during Thanksgiving were the key contributors to the annual drop in contracts signed. But our analysis reveals that we might experience a reversal in these trends! Listen to the entire episode to understand why.
If you have any questions about the market, what the future could hold for your property, or just want to know some more about that listing down the street, feel free to give us a call.
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