How Is the New York Market Changing?

The New York real estate market "took a beating last year," he says. The biggest difference is with doubled rates as fast as they've gone, Lerman adds. sellers can't afford to sell because they can't buy where they want to go and have a low rate, so why sell? He says the general construction business has gone through the roof.

Play episode from 50:13

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app