Do rising rates affect your buying power? They do, and more significantly than you may think. Let’s review how your buying power is impacted with the expected increase in rates coming in 2022.
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Have a look at the top townhouse sales in Park Slope from 2021. The most expensive sale was $8 million, located on First Street, and overall the neighborhood saw nearly 20 homes sell for over $5 million.
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Let’s review the 2021 New York City real estate market performances with a recap of the key statistics for the Manhattan and Brooklyn for-sale markets, both of which had record breaking years in 2021.
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