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When rents will drop, how buyers can get a deal, & more

Published July 8, 2022 (over 3 years ago) · Updated 3 months ago
When rents will drop, how buyers can get a deal, & more
This week readers visited Brick Underground to get a grasp on what it will take for rents to drop in New York City, where renters are currently facing skyrocketing rents and bidding wars. When will they catch a break? It would take “a sustained lack of demand" and more inventory, according to the experts.
Also of interest: NYC's sales market is expected to be even slower than usual this summer. Brick spoke to brokers about the types of deals on which buyers can negotiate a discount.
Here are this week's top five posts:
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