Contract signings for NYC homes diminish, as do new listings – Robert Khodadadian

Looking to buy a home in Manhattan or Brooklyn? That might be difficult. New signed contracts have tapered off dramatically and so have new listings, according to the latest report by Douglas Elliman compiled by Miller Samuel. In Manhattan, deals are down 20 percent year-over-year for co-ops, 31 percent for condos and 32 percent for one- to three-family homes. New listings dropped 9 percent, 20 percent and 36 percent, respectively. “At the same time we’re

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate, Contracts, Douglas Elliman, Housing Market, jonathan miller, miller samuel The Real Deal New York Read More

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