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Cheers To 2024! 
Please read on for market updates, listings here and abroad, and check out NYC events happening in December!

Happy Holidays and Happy New Year!
Alana 
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Market Updates
Happy First Day Of Winter! 

Surprisingly, we have had a strong end to the year with contract numbers. Manhattan beat its target of 769 contracts and Brooklyn beat its target of 553 contracts. 

Seasonality is in full swing with decreased deal activity and lower supply. We have a total of just under 3,000 units for sale which is below the 5-year average of units for sale during this time of year. 

These numbers are not expected to pick up again until late January, early February and really go full-steam ahead in early March.

Interest rates are currently at 6.72% according to Freddie Mac's US weekly avg. on a 30-year fixed. The Fed also cut the rates this Dec.  Read more here.

Let's discuss! Are you planning to reach any real estate goals over the holiday season/early winter? My contact info is below.

Contract Numbers:

 Manhattan had a total of 804 contracts signed.
 Brooklyn had a total of 554 contracts signed.
Alana In The News
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Check out the articles in the Press Section where I have been featured giving insight on selling a home as-is, the average cost of buying a home in the US, and more!
Press Section
Featured Properties! 

Listed-Concord Village-Downtown Brooklyn
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East-facing 1-bed unit in this full-service coop is available for $625K.
Let me know if you are interested.
In Contract!- Washington Plaza-Jackson Heights
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South and West facing 2-bed unit in this gated garden community is available for $615K.
Let me know if you are interested.
Closed- Stuyvesant Heights!
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Congrats to all parties! This two-family home on a quiet block near the train is the perfect place for house hacking.  
Let me know if you are interested in purchasing investment property in NYC. 
On Market- Gramercy Park Units
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High Floor 1-bed units 15A and 6E are both well renovated and located next to the private Gramercy Park with which owners get a key. 
Let me know if you are interested.
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This month's spotlight is on Portugal! 

Portugal's market is hot and a lot of the Americans who move there are digital nomads or retirees.

Many people who move to Portugal from the US, move to the surrounding areas of Lisbon, where you can score a first or second home for around $350,000 USD and below. 

If luxury is what you are after, central Lisbon has resale and new developments for around $2-3M USD. 

Let me know if you are interested in moving to Portugal or elsewhere in the world.

Check Out this property tour in Lisbon from my colleague Helder- which boasts 3 beds 2.5 baths and private outdoor space! Link 

Local Happenings
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NY Botanical Garden Holiday Train Show-ongoing
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Bryant Park's Winter Village-ongoing
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Tianyu Lights Festival-ongoing
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If you have been considering selling, this is a fantastic time to sit down with an agent and discuss strategy.

Start by looking at the currently available inventory. If your apartment would stand out in comparison to the competition, that's your sign to get it listed as soon as possible.

Pricing it competitively will draw more buyers. Please feel free to reach out if you have any questions or are considering the idea.

And remember, I am not just here to sell your home, I am here to help you reach your goals.
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Looking For Past Newsletters?
Jan 2024- June 2024 
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Alana C. Lindsay
LICENSED REAL ESTATE SALESPERSON
516.522.0114
alindsay@cbwarburg.com
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