Tag: Interest Rates
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Interest Rates Are Holding, But Buyer Behavior Is Changing
Rates Aren’t Dropping Anytime Soon and What That Means for NYC Buyers Many buyers have spent the past year waiting for interest rates to come down before entering the market. It’s a reasonable strategy, but recent signals from the Federal Reserve suggest that meaningful rate cuts may take longer than expected. As discussed earlier this…
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Buyers Holding Out for Rates to Drop Should Read This
A large portion of home sales in New York are cash buyers, so high interest rates may not be as critical a factor.