Hello, read on for the real estate market recap, coming soon/off market sales/rental listings, and more.
Happy 100th Black History Month! |
 Market Updates Spring is coming!
Despite the challenging market real estate we have had over the last few years, the spring season brings out the best opportunities for buyers and sellers. There has been an increase in homes listed in this inventory crunch and that is expected to continue throughout the spring. The next 4 months represent the best time for sellers and buyers to get a contract signed within the year.
Now what does this mean for you on a macro/ micro level?
For sellers- your time is now. We are still in a low activity market which makes this a challenging landscape to sell within.This listing environment is expected to continue for the next two years. The prices have also been flat over the past 10 years or so when the listing evironment was a lot more favorable. Aspirational pricing is not a strategy to use during this time. Prices most likely will be lower than what you anticipate. Smart preparation and getting your home on the market in the spring is the best way to maintain your negotiating edge and sell for the highest price with the best terms. Units that were in contract in under 60 days had an average of 1% discounted off the asking price, while units that were on market for over 120 days saw an average 9% discount off the ask. Be the 60 day seller.
For buyers- Your windows of opportunity continue and are now widening with the decrease in interest rates. Interest rates have been decreasing since Sept 2025 and are now stabilizing just above 6% and are expected to stay there for the foreseeable future. While a large influx of buyers is not expected from this, it doesn't mean that no one will be out there competing with you. They will as the purchasing climate becomes increasingly favorable for them. Sellers in the market today are serious sellers and therefore the opportunity to get a home with great price and terms is within reach. Will you be one of those seizing that opportunity?
A side bar for foreign buyers- in addition to all that was said above, the US dollar value has decreased by around 11% since January 2025 and depending on your currency exchange, has given US housing a price cut. It has since started to rebound a bit and stabilized at a 9% discount, making your window for a good deal a bit narrower. Explore this attractive option while you still can, let's talk. Link
What did you take away from this? Have any housing plans for this spring?
Let's discuss!
Interest rates are currently at 6.11% according to Freddie Mac's US weekly avg. on a 30-year fixed and display rates stabilizing as volatility has decreased. Click here.
Contract Numbers:
Manhattan had a total of 712 contracts signed. Brooklyn had a total of 426 contracts signed. |
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Alana In The News  Check out the articles in the Press Section where I have been featured giving insight on using AI in real estate, when to break your lease before buying a home, and more! |
COMING SOON- 3 Bed Coop in Harlem  | Owning for less than the price of a studio rental!
Close to Whole Foods, Trader Joes and both 30 mins and under to either Columbia or Fordham University this unit has good lighting, a new bathroom and affordability all wrapped in one. Contact me for details. |
| Just Sold!-Plaza 400-Sutton Place! 31K  | With views of the Queensboro Bridge, this large alcove studio unit is available in a full service coop with a pool for 515K!
Interested In other units in the building? Contact me!. |
| In Contract!-2934 Brighton 4th Street #D-Brighton  | Living near the ocean just got sweeter. With easy access to the train, local shops and walking distance to the beach, this duplex condo gives you coastal living for a steal.
The duplex features 2 beds, windowed kitchen/bath, washer and dryer in unit, 2 balconies, deeded parking and storage. For around 4k/month this could be yours. Interested? Contact me to schedule. |
| In Contract!-52-16 Roosevelt Ave #5A  | House sized condo!
This new dev 3 bed is close to shops, parks and has easy access into the city.
Congrats to my buyers! Looking for new developments? Message me to discuss. |
| Off Market- Sales  |
Sale- 3 bed House in Fresh Meadows. Sale- 2 bed Condo in Battery Park City.
Sale - 4 bed Condo in UES.
Sale- 2 bed Condo in Bushwick.
Sale- 1 bed Coop in the UWS.
Sale- 3 Family in Sheepshead Bay
Sale- 2 Family in Bushwick.
Sale- 3 bed Coop in Greenwich Village. Are you interested? Contact me to discuss. |
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Off Market- Rentals  | I have access to rentals that are not yet on market.
Areas: Central Harlem Carnegie Hill Greenwich Village Kips Bay FiDi Flatiron Hells Kitchen UWS Midtown Hudson Heights
More available! Are you interested? Contact me to discuss. |
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 This month's focus is on Phoenix, Arizona!
With a higher housing affordability rate, higher job growh rate, lower taxes and better weather according to Move Meter this area is a destination a lot of New Yorkers turn to when they are tired of the cold and snow.
If you are thinking of relocating out of state, let me know and I can connect you to my contacts in that area.
Here is an example of a home in Phoeniz, AZ. It is listed by Rosemary D. and is priced at 755K. |
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Local Happenings  Songs from the Harlem Renaissance-Flatiron- Feb 10th
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|  Black History Month: Seneca Village- Central Park- Feb 14th |
|  An Evening Celebrating Black Culinary Heritage- Chelsea- Feb 23rd |
|  Continuum: Over 100 Years of Black Art- Chelsea- through March 7th |
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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? |
 | Alana C. Lindsay LICENSED REAL ESTATE SALESPERSON 516.522.0114 alindsay@cbwarburg.com VIEW WEBSITE |
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