NYC Real Estate Predictions for 2016
Happy New Year everyone!
Now that 2016 is off and running, It’s time to take a look at the expert’s views on what lies ahead for the real estate market. After the insanity that was the 2015 market, which saw record high prices in both Manhattan and Brooklyn, many insiders believe that 2016 won’t be quite as frenzied. Does that a mean a full blown buyers’ market? Not likely, given continued strong demand. But buyers may deal with fewer headaches and perhaps more inventory to choose from.
2016 Market Forecast: Is This the Year New York Returns to Sanity? (BrickUnderground)
2016 Forecast: Insiders Predict Boom and Bust in Varying Degrees (Real Estate Weekly)
Home Buying Predictions for a New Year (NY Times)
Insiders Predict Market Correction During 2016 (Real Estate Weekly)