Sellers and buyers are finally seeing more opportunities to transact.
Younger brokers are hoping that things turn around after a brutal year for housing.
A national gauge of prices rose 0.6% in October from September.
Borrowing costs have fallen each week since peaking at 7.79% in late October.
The increase was a respite from a two-year downturn caused by higher borrowing costs.
Seven of the top 10 most expensive sales in the city this year were on Billionaire's Row.
A change in the law could keep billionaires from hiding their identities in real estate deals.
The economists expect the Fed's easing will end when the benchmark rate hits a target range of 3.25% to 3.5%.
The Faes & Co Income Fund invests in bridge financing in the "fix-and-flip" real estate market.
The private investment giant says fears about defaults in the private lending sector are "overblown."
Pearl House near South Street Seaport is leasing 588 units in a conversion that began after the pandemic emptied offices.
Block said the REIT is exposed to a perfect storm of economic conditions hitting real estate.
He said it's possible the federal deficit could hit $4 trillion in four to five years.
Young people's decision to marry and parent later is having an effect on home buying.
Home buyers are increasingly going through with transactions despite the costs, the bank said.
Earl D. Miller was ordered to pay over $2 million in restitution, the U.S. Attorney's Office said.
Some of the bank's loan officers allegedly failed to ask applicants about their race, ethnicity and sex and then lied about it.
Shoppers are getting dragged into bidding wars for the scant supply of listed properties.
The drop spurred a fresh round of applications to purchase homes.
Nevertheless, the overall banking system "remains sound," the central bank said.