The Manhattan, New York sale market has been steadily picking up since the low in April and May when we had the Covid lockdown. As a broker, I have been experiencing bidding wars at the $3 million+, three bedroom price segment. Apartments that are priced well are getting a lot of interest from buyers who are all ready to take advantage of the historically low mortgage rates.
Read full article, New York property agent Weimin Tan on when will Manhattan recover
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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