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Marion Miner
Licensed Associate Real Estate Broker

Office: 372 W Broadway, New York, NY 10012
Phone: +1 (516) 450 8877
Email: Marion@serhant.com
www.marionminer.com

 

Spring is Quickly Approaching! 

Happy April!
 

As we bid farewell to Easter and eagerly anticipate Passover, we welcome the beauty of spring with open arms!

In the bustling real estate landscape of New York City, momentum continues to build despite a slower performance in the luxury market this March, as reported by Olshan Realty. Although last month marked the slowest for signings in three years, with 123 deals for units asking $4 million, there are promising signs of resilience and growth.

Here's a snapshot of recent trends:

An encouraging uptick of 15% in listings, marking the most significant increase in nearly three years.
Mortgage-purchase applications have surged by 14% from just a month ago, indicating robust demand.
While price growth may temper in the near future, approximately 6% of home sellers have already adjusted their prices downward.


Amidst these fluctuations, the real estate landscape continues to evolve, presenting both challenges and opportunities for buyers and sellers alike. 

Stay tuned for more real estate insights and updates as we navigate the dynamic market together!

For all your real estate needs, including rentals in New York and beyond, I'm here to assist. With our extensive SERHANT network, I can seamlessly connect you with top-notch agents worldwide. Your satisfaction not only matters to me but also helps me earn a referral fee. Reach out anytime for personalized service and global opportunities. 
Let's embrace the possibilities together! 


Looking forward to meeting you soon!

Warm Regards,
Marion

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