AdvertisementAdvertisementBuying a home in New York City may get a smidge easier this fall.
The New York City market is correcting itself, Douglas Elliman agent Frances Katzen told Insider.
"It's the old adage, opportunity and location, location, location.
AdvertisementAdvertisement"If you told someone that they could buy a townhouse in New York City for $3.9 million, they would basically say never," Katzen said.
The New York City market had a quieter third quarter this year, with sales in Manhattan dropping 33.2%, from 11,111 to 7,421, in 2022.
Persons:
Douglas Elliman, —, Manhattan's, Douglas, Frances Katzen, Katzen
Organizations:
Service, New, Rocket Homes, New York, Boston
Locations:
New York, Manhattan, New York City, York, West, Los Angeles, San Francisco, Florida, Tampa, Miami