New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – Ashley COunty Ledger

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – Griffin Daily News

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – NonStop Local Billings

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – McDuffie Progress

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – NBC Right Now

…EXCESSIVE HEAT WARNING REMAINS IN EFFECT FROM NOON FRIDAY TO 10 PM PDT TUESDAY… * WHAT…Dangerously hot conditions with little overnight relief. Highs in the 90s to lower 100s. Morning lows in the middle and upper 60s. * WHERE…Portions of north central and northeast Oregon and central, south central, and southeast Washington. * WHEN…From noon Friday to 10 PM PDT Tuesday. * IMPACTS…Heat-related illnesses increase significantly during extreme heat events. * ADDITIONAL DETAILS…Persistent Major to locally Extreme HeatRisk (risk of heat-related impacts) is anticipated through the duration of the event.…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – Times-Georgian

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – Port Lavaca Wave

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

New York City Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – pdclarion.com

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Miedler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

NYC Real Estate Trends: Buyer’s Market Emerges Amid Price Dip – The Mercury – Manhattan, Kansas

As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer’s market is taking shape, potentially prefiguring a nationwide trend. Mike Needler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is…

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New York New York City

How a ‘softening’ real estate market could help you score a lower price on a home – NBC New York

Home prices may have hit a new high, but the real estate market is showing signs of weakness that could help buyers negotiate a lower price on a house. For the four weeks ending June 30, homes sold for 0.3% below asking price, according to a recent report by online real estate brokerage Redfin. June 2024 was the first time homes have sold below asking price since 2020, the report says. Homes are also taking longer to sell, with the median number of days on the market increasing to 32,…

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New York New York City

How a ‘softening’ real estate market could help you score a lower price on a home – NBC New York

Home prices may have hit a new high, but the real estate market is showing signs of weakness that could help buyers negotiate a lower price on a house. For the four weeks ending June 30, homes sold for 0.3% below asking price, according to a recent report by online real estate brokerage Redfin. June 2024 was the first time homes have sold below asking price since 2020, the report says. Homes are also taking longer to sell, with the median number of days on the market increasing to 32,…

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New York New York City

New York City Borough Bucks Housing Market Trend – Newsweek

New York City’s housing market in Manhattan saw sales rebound for the first time in two years, according to a report from Douglas Elliman and Miller Samuel, while prices fell in the second quarter of the year. Read more: Current Mortgage Rates The average sale price for the borough was down 3.3 percent to about $2 million compared to the same time a year ago, even though prices were up more than 8 percent from the prior quarter. The number of sales were up more than 31 percent on a…

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