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Here are the best NYC neighborhoods where homebuyers can wield bargaining power

Posted

March 3, 2024

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New York has long been known for its largely out-of-reach housing prices, but perhaps 2024 will bring locals a bit of luck.

According to a new study from StreetEasy, there are pockets across the city where buyers these days wield significant bargaining power — and some of them include enclaves that have long been considered pricey.

These areas, spanning all price brackets, display three key attributes: Substantial upticks in the duration properties sit on the market compared to a year prior, frequent instances of sellers slashing prices and significant gulfs between initial asking prices and eventual sale prices.

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#realestate #housing #newyork

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Here are the best NYC neighborhoods where homebuyers can wield bargaining power · New York Post · Sentinel