Realtor investment trends in New York from Asad Mahmood and Unique Deals Group LLC in 2024

Posted On Dec 30 2023 by

Best realtor investing trends in NYC with Asad Mahmood and Unique Deals Group LLC: Median Sales Prices on the Rise – The median sales prices in New York rose for the fourth consecutive month in year-over-year comparisons. The figures climbed by 2.6 percent, escalating from $360,468 in November 2022 to $370,000 in 2023. This sustained increase may influence market dynamics and impact the decision-making process for both buyers and sellers. Fluctuating Interest Rates – Interest rates, while still elevated, demonstrated a month-over-month drop. According to Freddie Mac, the average on a 30-year fixed-rate mortgage decreased from 7.62 percent in October …