NEW YORK CITY-Residential and commercial real estate brokers here are quite optimistic about their respective markets and feel the financing side of the business is improving as well, according to an industry survey.
Broker confidence here reached new highs, according to a survey conducted by the Real Estate Board of New York. Residential brokers gave the current state of the market a score of 8.93 out of 10, while commercial brokers rated their market 8.89 out of 10.
“Despite inventory concerns, residential brokers remain optimistic about the typically busy spring real estate market,” REBNY Senior Vice President for Research Michael Slattery says in a release. See story in Crain's New York Business.
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