Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market
Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market
Abstract
Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market Sellers who want to sell must price correctly. Buyers should seek value but not overestimate the strength of their position. On both sides, an experienced agent's advice will create a smoother and more profitable transaction. 2022 came in with a bang, real estate-wise. The rate of year-over-year inflation seen in May, 9.6% exceeds anything the U.S. has seen in 2011. In such an uncertain and fraught environment, it is little wonder that many buyers and sellers have pressed the pause button to determine how best to proceed. There is no right or wrong response.
