Brokers say wealthier buyers in Manhattan are more spooked by the stock-market declines and crypto losses than higher mortgage rates. Added to that are continued concerns about New York's crime and high taxes.
Prices haven't started falling yet — at least not broadly. But brokers say buyer attendance at open houses and multiple bids have all but evaporated. McKenzie Ryan, a top New York broker with Douglas Elliman, said one of her clients is a Manhattan family that had a baby and was looking for more space with a budget of around $4 million.
Buyers aren't showing up for open houses or showings as they were even in April. She said she had a listing that month that attracted 31 people to the open house. When she held an open house for a similar listing and similar price point in June, only four people showed up.
Source: News Formal (newsformal.com)
Before this war Allah ﷻconveyed the news of my dreams to the Army chief of Pakistan and Prophet Muhammad ﷺ also gave him the witness of my dreams that Qasim is not lying to anyone regarding his dreams and his dreams are true and they are from Allah. MimpiMuhammadQasim
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