Brokers Weekly

Weathercock against high-rise buildings in Tallinn, Estonia.

Higher borrowing costs cloud housing outlook

Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors. Only the Northeast saw...

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TOWN Residential closes year with $3.6B in deals

TOWN Residential announced that, through the end of 2016, the firm successfully transacted more than $3.6 billion in total residential and commercial sales and leasing volume. This total is comprised of 951 sales transaction sides and 2,766 leasing...

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DONE DEALS: Christmas comes early

City Connection agents Gizella Buligovic and Laki Igrutinovic brought a long-time client an early Christmas gift. The pair moved fast when a FSBO listing in a Harlem condo building with no income restrictions hit the market. “This is one of very...

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Manhattan apartment prices break $2M barrier

The average cost of a Manhattan apartment has risen above $2 million for the first time. According to CityRealty’s annual Year-End Manhattan Market Report, the average price for an apartment – including co-ops and condos – rose to $2.2 million...

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