Why Pre-approval Is a Crucial Step in the Home Buying Process

Photo by Nick Morrison on Unsplash If you’re looking to buy a home, you’ll probably hear words like “pre-approval” or “pre-qualification” for a mortgage. Some real estate professionals use these terms interchangeably, but they mean different things. In this article, we’ll explain the difference

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Weekly Manhattan & Brooklyn Market: 5/23

Photo by Harry Gillen on Unsplash Week of 05/23/22 The market is now beginning to experience a net-surplus of new listings, as supply shifts higher. This change comes after months of a prolonged net-deficit of supply. This week supply increased 2% in Manhattan and increased 7% in Brooklyn. Cont

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Reality Check on Expectations: Post-COVID New Development Absorption Study

Photo by Benny Rotlevy on Unsplash Leveraging Marketproof’s data integrity and sorting prowess, we’ve been keeping an accurate tally of weekly contracts signed on sponsor-owned units since the pandemic began. To provide some perspective, we also determined the long-term average of weekly signed

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