What Direction Will Fall's Real Estate Market Take?

New York City

Sept. 24, 2015 — It's a new season, and that means brokers are taking a look at what direction the real estate market will take this autumn. A panel of experts offered DNAinfo five predictions of what potential buyers can expect in the next few months. "Many are doubtful that out-of-control bidding wars — which became commonplace this spring — will return, at least in Manhattan," reports DNAinfo. "But limited inventory will still be a thorn for many buyers, especially at the lower price points of the market, which nowadays many brokers consider to be under about $2 million." One of the five predictions is that the summer's dip in the stock market, which was the "first wave of real volatility since the 2008 credit crisis," may give buyers a little bit more leverage for the first time in years.

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