Jeffrey R Nolan, Licensed Associate Real Estate Broker at The Corcoran Group

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Wednesday, February 25, 2015

What's Trending Now: A Real Estate Guide for Real New Yorkers

Been sitting on the sidelines, waiting for your year? 2015 could be it! Whether buying, selling renting or investing this is a wonderfully comprehensive guide to what the New York Real Estate Market has in store for us all in 2015. Some trends to stay on top of: skyhigh prices are staying around, but may have plateaued for the time being, mortgage rates will continued to stay low, it will remain a seller's market, but with a more reasonable 4% year over year growth expected, while rents will remain as high as ever, rental buildings will continue to be bought and converted to even more lucrative condos, a widening price gap between co-ops and condos may persuade *some* co-ops to loosen restrictive purchasing rules, and landlords and management companies are expected to tighten up on airbnb, even in Condos. Full Article  
Posted by Jeff Nolan at 11:30 AM
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Labels: Buyers, Investors, Neighborhoods, New Development, Renters, Sellers

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Jeffrey Nolan

The Corcoran Group
30 Irving Place, 5th Flr
New York, NY 10003
o: (212) 500-7022
c: (212) 260-0562
jnolan@corcoran.com
Jeff Nolan - Agent with The Corcoran Group
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Equal Housing Opportunity. This website is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any property or services offered for sale on this website shall not be considered an offer to sell such goods or services in any state other New York