September 13th 2022
Brick Underground
Sellers are dealing with buyers unnerved by an unexpectedly fast rise in mortgage rates, which is stalling sales activity this summer. The number of Manhattan properties in contract for June through August dropped 39 percent compared to last year, according to new data from SERHANT.
https://www.brickunderground.com/sell/how-to-sell-condo-coop-mortgage-rates-high-sales-falling-nyc