Rising Interest Rates | Q3 2023 Manhattan Real Estate Market Report Analysis
Description
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.
Rising interest rates in Q3 shook the confidence of both buyers that finance and buyers that pay cash. Rates of 7.49% as of 10/05/2023 have significantly impacted all of the key metrics that we track. But, as usual, there's a lot more to the story - listen to the podcast to stay informed about the Manhattan real estate market!
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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