Home prices chilled for fourth month in October – Robert Khodadadian

, Home prices chilled for fourth month in October – Robert Khodadadian, Robert Khodadadian

The housing market sounded a now-familiar refrain, sinking in October under the weight of rising mortgage rates. Average home prices in the nation’s largest metropolitan areas are still well above where they were a year ago, but their growth is decelerating. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index fell 0.5 percent from September to a 9.2 percent annual gain in October. October was the fourth consecutive month with a decline after all

 The housing market sounded a now-familiar refrain, sinking in October under the weight of rising mortgage rates. Average home prices in the nation’s largest metropolitan areas are still well above where they were a year ago, but their growth is decelerating. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index fell 0.5 percent from September to a 9.2 percent annual gain in October. October was the fourth consecutive month with a decline after all
The post Home prices chilled for fourth month in October appeared first on New York.  Home Page, Residential Real Estate, Case-Shiller, Home Prices, Housing Market The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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