Is NYC Headed for a Slowdown?
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Tagged: investment, new york, Real Estate
Here in New York, inflation is squeezing budgets and mortgage rates still feel heavy. Affordability is becoming a real concern for buyers and investors.
If youβre active in the NYC market right now, are you feeling confident or cautious?
A lot of people in NYC seem cautiously optimistic still interested in real estate long term, but far more selective because affordability and financing costs have changed the math. Right now, patience and strong cash flow matter more than blind optimism.
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