Manhattan – “Higher Rates Are Protecting Real Buyers”
Remember when I asked: “Are you thinking of buying next year?…so is everyone else!” Well, it’s all perception. In the big picture of what is required to purchase a property in Manhattan, rates are an extremely important metric, but…like price…is not the most important. The most important component to the buying process is the competition* and it’s THE biggest barrier to entry into Manhattan.
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