Key point #1: Sales down because of spike in mortgage rates
Key point #2: Buyer’s market favoring all-cash buyers
Key point #3: Rents keep breaking records
For cash buyers who intend to rent out the condo, now is perhaps the best time to get into the market.
Read full article here: October 2022 Manhattan Property Market Update
Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Showing posts with label October 2022 Manhattan Property Market Update. Show all posts
Showing posts with label October 2022 Manhattan Property Market Update. Show all posts
Thursday, October 20, 2022
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