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Read the latest news, tips, and insights for the New York real estate market.
Sonal Patel | July 7, 2024
Holiday Week: Fewer New Listings and Contract Volume Declines Week-over-Week, but Year-over-Year Numbers Remain Strong
Sonal Patel | July 13, 2024
A Tale of Two Markets: Brooklyn Contract Volume Increases, Manhattan Contract Volume Decreases
Sonal Patel | July 20, 2024
Contract Volumes Normalize in Manhattan & Brooklyn
Sonal Patel | July 27, 2024
Contract Volume is Steady in Manhattan; Drops in Brooklyn
Sonal Patel | August 4, 2024
Entering August: Mortgage Rates Drop; Limited New-To-Market Supply; Lower Contract Volume in Manhattan; Brooklyn Contract Volume Rebounds
Sonal Patel | August 11, 2024
Bright Spot: Mortgage Rates Decrease to 15-Month Lows
Sonal Patel | August 18, 2024
Contract Activity Rises ~10% Compared to the Previous Week in Manhattan & Brooklyn
Sonal Patel | August 24, 2024
End of Summer: Supply and Contract Activity Drop
Sonal Patel | August 31, 2024
Labor Day Weekend Brings a Quiet Week for NYC Real Estate
Sonal Patel | September 7, 2024
New-To-Market Inventory Surges After Labor Day
Sonal Patel | September 14, 2024
Inventory & Contract Volume Rise as the Fall Market Takes Shape
Sonal Patel | September 22, 2024
The Fed Cuts Rates by 0.5% – A Positive Shift for Buyers
Sonal Patel | September 29, 2024
Manhattan and Brooklyn See Steady Supply Growth, Uptick in Contract Activity Signals Renewed Buyer Confidence
Sonal Patel | October 4, 2024
Early Supply Drop and Rising Demand Tightens Market Competition
Sonal Patel | October 13, 2024
Supply Returns to Seasonal Uptrend
Sonal Patel | October 19, 2024
Manhattan & Brooklyn Experience an Unexpected Surge in Supply and Demand
Sonal Patel | October 26, 2024
Manhattan and Brooklyn Show Seasonal Strength Amid Slower Inventory Growth
Sonal Patel | October 27, 2024
Momentum Slows Amid Rising Rates and Election Uncertainty
Sonal Patel | November 9, 2024
Manhattan and Brooklyn Experience Declining Supply and Increased Contract Activity Amid Election Week
Sonal Patel | November 17, 2024
Consumer Sentiment Dips, But Year-Over-Year Activity Surpasses 2023
Sonal Patel | November 23, 2024
Manhattan Market Hits Fall High as Buyers Gain Confidence
Sonal Patel | November 30, 2024
Stronger-Than-Expected Thanksgiving Week Caps Off a Robust Fall Market
Sonal Patel | December 8, 2024
Brooklyn’s Increase in Contract Volume Lifts Consumer Sentiment as Interest Rates Stabilize
Sonal Patel | December 16, 2024
Manhattan and Brooklyn Real Estate Markets Stay Active Despite Seasonal Slowdown
Sonal Patel | December 1, 2024
Manhattan Market Momentum Builds: November 2024 Achieves Third-Highest November Contract Volume in a Decade
Sonal Patel | December 1, 2024
Market Equilibrium in Brooklyn: Seasonal Trends Level the Playing Field
Sonal Patel | October 27, 2024
Brooklyn Market Gains Momentum: Seller Advantage Returns as Demand Surges
Sonal Patel | October 4, 2024
Brooklyn Market Shifts in Favor of Buyers Amid Rising Inventory, but the Advantage May Be Short-Lived as Declining Interest Rates Spur Demand
Sonal Patel | August 6, 2024
Demand is Flat; Supply Declines; Prices Rise; Decreasing Interest Rates Can Spur Demand Amidst Uncertainty
Sonal Patel | August 5, 2024
Supply Falls More Than Demand; Decreasing Interest Rates Can Spur Demand Amidst Uncertainty
Sonal Patel | October 3, 2024
More Demand, Less Supply: Renewed Buyer Activity as Interest Rates Decline
October 27, 2024
Market Heats Up in Manhattan: Increased Demand Offers Competitive Yet Compelling Entry for Buyers
Sonal Patel | October 7, 2024
Early Supply Drop and Rising Demand Tightens Market Competition
Sonal Patel | September 10, 2024
Brooklyn Market Slows in August as Demand Drops More Than Supply; Days on Market Increase
Sonal Patel | September 10, 2024
Supply Tightens as Interest Rates Drop, Drawing Buyers Back into the Market
Sonal Patel | July 9, 2024
Notably, supply has decreased less than demand, creating a window of opportunity for buyers.
Sonal Patel | July 9, 2024
Brooklyn’s real estate market experienced a slowdown in June compared to May with the slight seller’s market from this spring dissipating.
Her experience, expertise, and engaging personality make Sonal the perfect combination of advisor, advocate, and strategist. She is the proud owner of several NYC properties and a skilled negotiator with a deep understanding of people and sharp instincts about market trends.
