Research Note: Mortgage Rate as a MOTIVATOR & DETERRENT
Photo by MOHD AZRIN on Unsplash After peaking during the week which ended on May 2, 2021, new development contract volume spent the remainder of the year trending downwards towards its pre-COVID long-term average, as indicated by the perforated trendline in the graph below. During that same per
Research Note: Avoiding Two Common Real Estate Mistakes
Photo by Rhema Kallianpur on Unsplash Negative news and stats have begun to invade the airwaves. “Mortgage Rates Are Accelerating Faster Than at Any Point in History” headlines read. “NYC Price Growth May be Peaking” suggest others. Such headlines often protect consumers from financial loss, bu
Elegran Brooklyn Market Update: May 2022
Overall Brooklyn Market Update: May 2022 Brooklyn Market Update April is traditionally one of the busiest months of the year for Brooklyn Real Estate and the month when supply typically peaks for the Spring market. This April, 951 contracts were signed, 5% fewer than last month and 6% few
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