If you are selling a home in New York right now, hopefully it’s in Brooklyn. The borough is red hot for home sales.
With inventory down, homes on the market for nearly a month less time (79 days vs 104 from a year ago) and median prices up 35 to a $928k, Brooklyn is not only trendy it’s home!
One BIG reason for all the house hunting in Brooklyn is the soaring rent…up a whopping 16.7% to $2800 over a year ago.
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