Buyers Face Tight New York Housing Market

Now watching

Next video starts in : 7 Play

Buyers Face Tight New York Housing Market

Buyers Face Tight New York Housing Market
Replay video
Up next

Stocks Post May Gain; Humana Considers Sale

Unlock your personal NFL Now stream by signing in to NFL.com

Buyers Face Tight New York Housing Market

by TheStreet 3:56 mins

Buyers Face Tight New York Housing Market

by TheStreet 3:56 mins

If there is one overwhelming theme going on in the New York City home sales market right now, it’s tight supply. Realtors in New York City say there are so few properties available that clients are finding themselves in bidding wars with other eager buyers, and would-be buyers are getting outbid on home after home, and they’re getting frustrated. So why aren’t more people selling in a red hot market? Here’s a snapshot of the Manhattan, Brooklyn and suburban New York housing markets, from the vantage point of real estate agents on the ground and insights from executives at Douglas Elliman, BOND New York and Houlihan Lawrence.

TheStreet

Personal Finance

Market Movers

  1. 12:25

    GDP turns negative in Q1; Game Stop's high score; Amazon's food line

  2. 2:09

    JPMorgan to cut more than 5,000 jobs: WSJ

  3. 2:03

    GDP shows economy shrank in the first quarter

  4. 3:42

    Amazon may be planning to roll out its own private-label brand: WSJ

  5. 11:06

    Investors eye China/jobs; Semiconductor megamerger; Visa's FIFA threat

  6. 2:12

    Abercrombie & Fitch jumps; Costco falls; Broadcom & Avago merge