Summer Market in NYC - a podcast by Vince Rocco

from 2018-07-10T07:00

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At this hour: As luxury buyers take refuge in the rental market, sales brokers are being forced to adapt.
In the midst of a sluggish sales market, would-be buyers are turning to the high-end rental market to wait out the uncertainty. As a result, sales brokers have found themselves working with a shifting group of clientele and increasingly negotiating pricey rental deals.
How long will this last? The panel will discuss.

Also at this hour: One-third of New Yorkers want to ditch the Big Apple.
A study by brokerage and real estate listings hub Redfin found that 34 percent of its New York City users searched for properties outside of the city, Bloomberg reported.
We will weigh in on all of this..

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